{"id":999,"date":"2022-05-12T14:09:59","date_gmt":"2022-05-12T14:09:59","guid":{"rendered":"https:\/\/www.guiadoemitente.pt\/?p=999"},"modified":"2022-06-08T15:25:11","modified_gmt":"2022-06-08T15:25:11","slug":"4-3-3-delisting-costs","status":"publish","type":"post","link":"https:\/\/www.guiadoemitente.pt\/en\/4-3-3-delisting-costs\/","title":{"rendered":"4.3.3 Delisting Costs"},"content":{"rendered":"\n<h3 class=\"has-azul-3-color has-text-color wp-block-heading\" id=\"heading-1\">CMVM fees<\/h3>\n\n\n\n<p>The applicant is charged with an amount of \u20ac7,500 by the CMVM for the voluntary request of delisting of its shares, regardless of whether it is granted or refused.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"has-azul-3-color has-text-color wp-block-heading\" id=\"heading-2\">Euronext fees<\/h3>\n\n\n\n<p>Issuers must pay a delisting fee to delist (voluntarily or not) any class of its Equity Securities from a Euronext Market:<\/p>\n\n\n\n<p>\u25ba Euronext Access \u20ac5,000<\/p>\n\n\n\n<p>\u25ba Euronext Growth\/Euronext \u20ac10,000<\/p>\n\n\n\n<p>Nonetheless, this delisting fee is not payable if:<\/p>\n\n\n\n<p>\u25ba It is a result of an acquisition and the acquiring company requests an Initial Admission to trading of its Equity Securities on any Euronext Market<\/p>\n\n\n\n<p>\u25ba The Equity Securities to be delisted have been replaced for new Equity Securities from an already listed Issuer on any Euronext Market<\/p>\n\n\n\n<p>\u25ba It is a result of a judicial winding up proceedings<\/p>\n\n\n\n<p>\u25ba The Equity Securities remain admitted on a Euronext Market<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"has-azul-3-color has-text-color wp-block-heading\" id=\"heading-3\">Redemption or cancellation of securities<\/h3>\n\n\n\n<p>Cancellation means any annulment or reduction of the quantity of securities held in the issuing account, namely in case of:<\/p>\n\n\n\n<p>\u25ba Redemption operations processed outside the system<\/p>\n\n\n\n<p>\u25ba Removal of issues from the centralized system by the issuer\u2019s decision<\/p>\n\n\n\n<p>\u25ba Cancellation of securities due to the merger by incorporation in a company, which shares representing the share capital are not registered in the centralized system<\/p>\n\n\n\n<p>A monthly fixed fee must be charged to the issuer for the redemption or cancellation of securities, subject to discounts based on the number of similar operations performed during the year, according to the following table.<\/p>\n\n\n\n<p>The fee due for the redemption or cancellation of securities is charged immediately after the event, whenever it implies the cancellation of the securities issue in the centralised securities system or whenever occurs the extinction of the issuer, namely by a merger, demerger, dissolution or liquidation of the company.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"521\" height=\"189\" src=\"https:\/\/www.guiadoemitente.pt\/wp-content\/uploads\/2022\/05\/image-21.png\" alt=\"\" class=\"wp-image-1002\" srcset=\"https:\/\/www.guiadoemitente.pt\/wp-content\/uploads\/2022\/05\/image-21.png 521w, https:\/\/www.guiadoemitente.pt\/wp-content\/uploads\/2022\/05\/image-21-300x109.png 300w\" sizes=\"auto, (max-width: 521px) 100vw, 521px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>CMVM fees The applicant is charged with an amount of \u20ac7,500 by the CMVM for the voluntary request of delisting of its shares, regardless of whether it is granted or refused. Euronext fees Issuers must pay a delisting fee to delist (voluntarily or not) any class of its Equity Securities from a Euronext Market: \u25ba [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2557,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/posts\/999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/comments?post=999"}],"version-history":[{"count":5,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/posts\/999\/revisions"}],"predecessor-version":[{"id":2554,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/posts\/999\/revisions\/2554"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/media\/2557"}],"wp:attachment":[{"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/media?parent=999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/categories?post=999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.guiadoemitente.pt\/en\/wp-json\/wp\/v2\/tags?post=999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}