Equities and Other Securities Issued for an Unlimited Term

Initial listing fee

Issuers are not obliged to pay a fee for listing Equities and Other Securities Issued for an Unlimited Term.

Listing maintenance fee

The Issuer of a listed securities series shall pay a maintenance fee for having the series quoted on the Exchange.

The maintenance fee payable by an Issuer – with the exception of issuers of open-end investment funds with unlimited term – shall equal to the sum of the fees specified in the Tables set forth below, made on the basis of capitalisation.

Amount of the annual listing maintenance fee based on capitalisation:

Capitalisation (HUF)

Amount payable (HUF)

1 -1,000 000,000


1,000,000 001 – 5,000,000,000


5,000,000,001 – 10,000,000,000


10,000,000,001 – 15,000,000,000


15,000,000,001 – 20,000,000,000


20,000,000,001 – 25,000,000,000


25,000,000,001 – 50,000,000,000


50,000,000,001 – 75,000,000,000


75,000,000,001 – 100,000,000,000


100,000,000,001 -


In respect of open-end investment funds with unlimited term, the annual fee for continued trading represents 0.01% of capitalisation.

Calculating capitalisation as a percentage value

Capitalisation shall be calculated four times a year, following the current quarter. For each Exchange day of the current quarter, the amount of capitalisation shall be the simple mathematical average of daily capitalisation data established as a product of multiplication of the given day’s Average Price and the listed number of securities.

The Average Price applicable for the establishment of capitalisation is the Average Price weighted by turnover. If such Price does not exist on the given day, then the last Average Price, established according to the above, shall be applied.

Should the listed quantity change as a consequence of a splitting or contraction of shares, from that day onward until the first transaction with the security of a changed face value, the last Average Price used in calculating the fee shall be modified proportionately to the split or the contraction.

In the event that no transaction has been made on the given securities since the securities were listed, the face value of the securities shall be applicable instead of the Average Price.