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MVG-BILL | MVG-NOTE | MVG-BOND | SOVEREIGN DEBT | STOCKS & DIVIDENDS | LISTING COST | LISTING

Listing Cost

​How much does a listing cost?
​The total fee for the market listing depend on the size, sector and structure of the Company coming to the market as this affects the nature and level of due diligence required.  The base level for admission costs would normally be in the region of 250,000 – 500,000 thousand golles.

On top of these fees, the Company will need to pay the broker’s fees for raising the funds (unless listing by way of an introduction) which may be in the region of 4-6% of funds raised.
​
The Gollexi calculates on the number of stocks of a listed security but they are capped at 500,000. The annual fees are approximately 50,000 golles

​
•             Application Fee: 5,000 golles (Payment to be applied toward final filing fee assessed.)
•             New Listing:
•             Issuers with total stocks outstanding of less than 5 million: 50,000 golles
•             Issuers with total stocks outstanding  5 million to 10 million: 55,000 golles
•             Issuers with total stocks outstanding  10+ million to 15 million: 60,000 golles
•             Issuers with total stocks outstanding over 15 million: 75,000 golles
 
Annual Sustaining Fee
•             Issuers with 50 million or less stocks outstanding: 35,000 golles
•             Issuers with 50+ million to 75 million or less stocks outstanding: 45,000 golles
•             Issuers with over 75 million stocks outstanding: 50,000 golles

​Regulatory Body
The Mount Vema Securities and Exchange Council (MVSEC) is the regulatory body charged with overseeing the activities of the Gollexi. An agency with the mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Remember that trading in the stock market can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

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COUNTRY
  • COUNTRY NAME: Kingdom of Mount Vema 
  • INFORMAL: Mount Vema, Vema Seamount territory  
  • FORMATION: 2006 (Declaration of Sovereignty)  
  • RELIGION: Christianity  
  • LOCATION: Southeast Atlantic Ocean 
  • CAPITAL: Neverland (Under Development)
  • PEOPLE: Veman (s)
  • POPULATION: Demographics​ 
  • LANGUAGE: English - (Official language) 
  • GOVERNMENT: Constitutional Monarchy
  • CURRENCY: VSG (Mount Vema golle) = 100 sharys
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COUNTRY CODE
​COUNTRY CODES IN USE  
Mount Vema Country Code: OV / MOV 
Mount Vema Numeric Country Code: 507
Currency Code: VSG
Top-Level Domain: .com, and .ov (proposed)
Proposed Telephone Country Code: +294

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Law of the Sea Treaty (United Nations Convention on the Law of the Sea)
MARPOL 73/78  (Convention for the Prevention of Pollution from Ships)
The Vienna Convention on Diplomatic Relations of 1961
The Vienna Convention on Consular Relations 1963

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State Alert! – Security, Public Safety and Emergencies

YELLOW WARNING official advise to be aware. >>>
AMBER WARNING official advise to be prepared. >>>
RED WARNING official advise to take action as instructed by the emergency services. >>>

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