Tariffs for Transactions Whit Securities NASDAQ OMX ARMENIA / OTC MARKET

Transcription

1 Appendix 1 Tariffs for Transactions Whit Securities NASDAQ OMX ARMENIA / OTC MARKET I. BROKERAINTENANCEAGE ACCOUNT M Account Opening Account Maintenance Custodian (Depo) Account Maintenance Opening motion of the CDA Free of Charge Free of Charge Free of Charge Free of Charge II. BROKERAGE SERVICES SECURITIES TRANSACTIONS (stock exchange transaction) For transactions volume below AMD %, min. AMD 5,000 For transactions volume from AMD to AMD % For transactions volume from AMD to AMD % For transactions volume over AMD % SHARES TRANSACTIONS (OTC transactions) For any transactions volume CORPORATE BONDS TRANSACTIONS 0.1% of the nominal value of the securities traded, min. AMD 3,000 For any transactions volume %, min. AMD 3,000 GOVERNMENT BONDS TRANSACTIONS - Min transaction volume AMD %, min. AMD 2,500 SPECIAL NOTES Rates include all the expenses and commissions. All services are VAT exempt. These fees are applied if the agreement between the client and OJSC ARMENBROK does not consider other rates. Interest income receivable from banks servicing bank accounts opened for maintenance of Armenbrok client s funds, as well as expenses related to maintenance of these accounts are carried by Armenbrok OJSC.

2 Appendix 2 Tariffs for Currency Transactions Brokerage Transactions with Currency (Internal transaction 1 ) Transactions with USD Transaction amount is up to currency unit Transaction amount is currency unit Transaction amount is currency unit Transaction amount exceeds currency units For each currency unit 1 AMD, min. AMD For each currency unit 0.75 AMD For each currency unit 0.5 AMD For each currency unit 0.25 AMD Transaction with other currency For any transactions volume Transaction Volume (AMD) % Special notes - Tariffs which do not have special notes contain all the costs, including the costs of regulated market operator and clearing system. - This group of services is not subject to taxation by VAT. - The above mentioned tariffs apply unless otherwise is noted in the agreement between OJSC ARMENBROK and the customer. 1 Transactions with third party on the account of and behalf of customer or on the account of and behalf of OJSC Armenbrok

3 I. Investment Banking Services * Investment banking services CONSALTING Appendix 3 Public offering of securities 1) Underwriting Conventional 2) The best placement efforts Conventional (epending on the nature and Closed placement of securities 1) Underwriting Conventional 2) The best placement efforts Conventional Other services related to securities placement 1) Securities issuance and placement organization works Conventional II. Consulting 1) Investment consulting Conventional 2) Corporate management (strategy) consulting Conventional 3) Consulting for issuance and placement Conventional 4) Assessment of securities and business Conventional Conventional 5) Acquisitions and mergers

4 6) Consulting for organizational restructuring 7) Research and financial analysis 8) Other consulting services Conventional Conventional Conventional

5 Appendix 4 CUSTODY I. Depo account 1) Account opening 2) Account closing 3) Account maintenance 4) Account blocking by customer s initiative 5) Removing of the block from the account 6) Registering securities on the account II. Securities transfer 1) Securities transfer by customer s initiative 2 ) Securities transfer as a result if brokerage (dealing) agreement with OJSC ARMENBROK 3) Securities transfer in the framework of customer s terminal service 4) Securities transfer according to the court decision 0.05% of the total nominal value of securities transferred, but not less than AMD % of the total nominal value of securities transferred, but not less than AMD III. Securities write off 1) Securities write off be customer s initiative 2) Securities write off as a result of a brokerage (dealing) agreement with OJSC ARMENBROK 3) Securities write off in the framework of customer s terminal service 4) Securities write off according to the court decision 5) Securities write off by the initiative of OJSC ARMENBROK in order to close 0.1% of the total nominal value of securities transferred, but not less than AMD % of the total nominal value of securities transferred, but not less than AMD 30 00

6 IV. Blockege of Securities 1) Blockage securities for trading 2) Blocking Securities for trading in the result of the concluded with the ARMENBROK OJSC broker (dealer) transaction 3) Non trading blockage securities by customer s initiative 0.1% of the total nominal value of the securities to be blocked, but not less than AMD ) Non trading blockage securities by the court decision V. Termination of blockage securities 1)Termination of blockage securities by customer s initiative 2) Termination of trading blockage securities in the result of selling securities 3) Termination of blockage securities by the end of blockage period 4) Securities nonprofit seizure by court decision VI. Pledging and termination of pledging securities 1) Pledging securities Securities pledged 0.1% of the total nominal value, but not less than AMD ) Termination of securities VII. Provision of information 1) Provision of excerpt from depo account or statement on executed transactions via depo account (except during the day of transactions by demand of the customer) AMD ) Provision of monthly report to the customer AMD ) Provision of statement from depo account on other information by inquiry of customer (except from information on executed transactions). 4) Providing answers to the inquiries of the people set by the law On securities market and other related regulations. 5) Providing answers to the inquiries of the people other than those set by the law On Securities market and other related regulations 6) The law and securities market Responding to the requests submitted by persons other regulatory legal acts 7) The Law and the stock market response to the requests submitted by other persons outside the scope of other regulations governing VIII. Global activities AMD AMD AMD , charged to the person who filed the request 1) Conversion of securities

7 2) Redemption of securities 3) Split of securities 4) Consolidation of securities 5) Registration of changes in information about issuer and its securities IX. Other Services 1) Estimating and receiving income from securities Contractual 2) Representation of owner s interests Contractual 3) Additional services Contractual Special notes -This group of service is not subject to taxation by value-added tax. -The fees of this group of services do not include the costs of 3rd persons (custodies, banks, etc.)

8 Appendix 5 US markets RATES NYSE I NASDAQ I AMEX Terminal service I. Trading Terms Account Opening Account Maintenance Minimum deposit US $ 2,500 II. fee Market / securities fee minimum volume NEW YORK STOCK EXCHANGE NASDAQ AMEX fee charged for 1 share of AMD 10, but less than per transaction. sustainable reduction of transaction volume amounts to 200 USD III. Services related to securities /placement Enter the amount Withdraw the money from the account * Monthly up to AMD Withdraw money from the account of Monthly over AMD %, but not less than AMD and not more than AMD The amount of foreign currency withdrawal from account Variable depending on the method of discharge Special Notes * Currency conversion is carried out by the bank quotes. - The rates, which include special notes do not contain all of the costs, fees and other payments that are not required.

9 Apendix6 Tariffs USA Markets NYSE NASDAQ AMEX Terminal Services I. Trading Conditions Account opening Account maintenance Minimum deposit amount AMD II. Commissions Exchange Commission Minimum amount NEW YORK STOCK EXCHANGE NASDAQ AMEX The commission per share is 15 AMD, but not less than AMD per transaction The minimum amount of the transaction is USD 200 III. Amount deposit/withdrawal - Amount depositing on the account - Withdrawal in AMD Up to AMD per month - More than AMD per month 0.2% but not less than AMD and not more than AMD - Withdrawal in other currency Varies depending on withdrawal method Special Notes - Currency conversion is performed based on rates of Ardshininvestbank. - The prices do not include the commissions of the company s partners, the operators of regulated market and clearing system operators.

10 Appendix 7 European Markets RATES BROKERAGE SERVICES I. Trading Conditions - Account opening - Account maintenance - Minimum deposit amount AMD II. Commissions Market / securities Commission Minimum amount London Stock Exchange Sets 0.25% 40 USD London International Exchange 0.25% 70 USD Frankfurt / Xetra Stock Exchange Euronext Paris Euronext Amsterdam 0.25% 0.25% 0.25% 35 EUR 35 EUR 35 EUR Euronext Brussels 0.25% 35 EUR Omx Copenhagen - First North 0.25% 35 DKK Omx Helsinki 0.25% 35 EUR Omx Stockholm - First North 0.25% 110 SEK Omx Stockholm 0.25% 110 SEK Swiss Exchange 0.25% 60 CHF WIENER Búrse (VIENNA) STOCK EXCHANGE 0.25% 35 EUR Australian Stock Exchange Ltd 0.25% 45 AUD

11 Other securities and / or other market transactions 1% of the transaction amount III. Amount deposit/withdrawal - Amount depositing on the account - Withdrawal in AMD Up to AMD per month - More than AMD per month - Withdrawal in other currency 0.2% but not less than AMD and not more than AMD Varies depending on withdrawal method Special Notes - Currency conversion is performed based on rates of Ardshininvestbank. - Tariffs which do not include special notes include all the fees, no other payments are necessary. - This group of services is not subject to taxation by value-added tax. * The fees of this group of services do not include the costs of 3rd persons (custodies, banks, etc.)

12 Appendix 8 Tariffs FOR RUSSIAN MARKETS MICEX RTS Terminal Service (QUIK, TRANSAQ) I. Trading Conditions Account opening Account maintenance Minimum deposit AMD II. Commission, % from daily transaction Up to AMD 0.12% From AMD to AMD 0.1% From AMD to AMD 0.08% More than AMD 0.07% Taking on the minimum balance in which the possible deal, is rubles. III. Other conditions Taking on the minimum balance in which the possible deal, is rubles. Each client is provided with a credit line of 1: 1 size. IV. Amount deposit/withdrawal Amount depositing Withdrawal in AMD Up to AMD monthly* More than AMD monthly* Withdrawal in other currency 0.2% but not less than AMD and not more than AMD Varies depending on withdrawal method Special Notes - Currency conversion is performed based on rates of Ardshininvestbank. - The prices do not include the commissions of the company s partners, the operators of regulated market and clearing system operators.

13 Appendix 9 Tariffs FOR RUSSIAN MARKETS MICEX RTS Brokerage I. Trading Conditions -Account opening Account maintenance Minimum deposit AMD II. Commission, % from daily transaction Up to AMD 0.15% From AMD to AMD 0.12% From AMD to AMD 0.1% More than AMD 0.08% The commission for one transaction cannot be less than AMD III. Amount deposit/withdrawal Amount depositing Withdrawal in AMD Up to AMD monthly* More than AMD monthly* Withdrawal in other currency 0.2% but not less than AMD and not more than AMD Varies depending on withdrawal method Special Notes - Currency conversion is performed based on rates of Ardshininvestbank. - The tariffs include all the expenses. No other payments are necessary.