INFORMATION ABOUT FEES RELATED TO INVESTMENT SERVICES

Transcription

1 SLÁVIA CAPITAL, a.s., a securities trader with its registered office Mostová 2, Bratislava , CRN , entered in the Commercial Register of the District Court Bratislava 1, Section Sa, File No: 837/B, (hereinafter referred to as Trader ) INFORMATION ABOUT FEES RELATED TO INVESTMENT SERVICES In view of the fact that the fees of the Trader for provided services are calculated as percentage of volume, we would like to inform you that the Trader s fee includes, beside of the commission, all costs of the Trader incurred by the provision of the investment service. Some of these costs may be commissions of other securities traders, banks, custodians or other institutions. In case of the settlement of orders for the purchase or sale of domestic financial instruments (hereinafter also FI ) through Burza cenných papierov v Bratislave, a.s. (hereinafter also BCPB ) or the Multilateral Trading Facility the fee of the Trader may comprise the following costs or BCPB 0,8% of the transaction volume, min. 0,33 EUR max. 331,94 EUR Poštová banka, a.s. FI traded on main market in total executed amount to = 5 FI traded on main market in total executed amount from to = 0,4% from total amount, min. 5 FI traded on main market in total executed amount from to = 0,3% from total amount, min. 40 FI traded on main market in total executed amount over = individually defined FI traded on other market (except main market) in total executed amount to = 0,8% from total amount, min. 10 FI traded on other market (except main market) in total executed amount from to = 0,6% from total amount, min. 80 FI traded on other market (except main market) in total executed amount over = individually defined In case of the settlement of orders for the purchase or sale of domestic financial instruments off Burza cenných papierov v Bratislave, a.s., or Multilateral Trading Facility, the fee of the Trader may comprise the following costs or In case of the settlement of orders for the purchase or sale of domestic financial instruments through Burza cenných papíru Praha, a.s. which the Trader executes through ATLANTIK finanční trhy, a.s., the fee of the Trader may comprise the following costs or Shares transaction providing - 0,5% of the volume of transaction for ATLANTIK f.t., a.s., min. 200 CZK Bonds transaction providing - 0,3% of the volume of transaction 1 for ATLANTIK f.t., a.s., min CZK In case of the settlement of orders for the purchase or sale of domestic financial instruments, which the Trader executes through Československá obchodná banka, a.s., the fee of the Trader may comprise the following costs or ČSOB 10 In case of only the settlement of an order for the transfer of domestic financial instruments through Burza cenných papierov v Bratislave, a.s. or Multilateral Trading Facility, the fee of the Trader may comprise the following costs or BCPB 0,8% of the volume of transaction, min. 0,33 EUR max. 331,94 EUR Poštová banka, a.s. 11

2 In case of only the settlement of an order for the transfer of domestic financial instruments off Burza cenných papierov v Bratislave, a.s. or Multilateral Trading Facility, the fee of the Trader may comprise the following costs or In case of management of the materialized financial documents, the fee of the Trader may comprise the following costs or Submission of a promissory note for collection 6 Protest the promissory note 7 In case of management of dematerialized domestic financial instruments, the fee of the Trader may comprise the following costs or In case of custody of dematerialized financial instruments which the issuer has its registered office in the Czech Republic, which the Trader executes through ATLANTIK finanční trhy, a.s.,the fee of the Trader may comprise the following costs or Listed shares 0,06% p.a. of market value in total amount up to CZK included 0,035 x value -0,27 of market value in amount over CZK Non-listed shares and certificates 0,12% p.a. of nominal value in total amount up to CZK included 0,12 x value -0,27 of nominal value in amount over CZK Bonds 0,006% p.a. of nominal value in total amount up to CZK included 0,0024 x value -0,226 of nominal value in amount over CZK In case of management of dematerialized financial instruments which the issuer has its registered office outside the Slovak Republic or the Czech Republic, the fee of the Trader may comprise the following costs or ČSOB 0,1% p.a. of the market value of the financial instrument without aliquot interest revenue (on the 30/360 basis) In case of the holding trust of the financial instruments the fee of the Trader may comprise the following costs or Listed shares of Czech issuers 0,06% p.a. of market value in total amount up to CZK included 0,035 x value -0,27 of market value in amount over CZK Non-listed shares and certificates of Czech issuers 0,12% p.a. of nominal value in total amount up to CZK included 0,12 x value -0,27 of nominal value in amount over CZK Bonds of Czech issuers 0,006% p.a. of nominal value in total amount up to CZK included 0,0024 x value -0,226 of nominal value in amount over CZK Financial instruments of Slovak and foreign issuers (except Czech issuers) CD 5 + ČSOB 0,1% p.a. of the market value of the financial instrument without aliquot interest revenue (on the 30/360 basis) Further we would like to inform you that in case of your interest we are prepared to provide you with more detailed information. Annex No 1 Legend No 2 Keeping securities on owner's account in the Central Securities Depository, a.s. No 3 Fees for the settlement of transactions with foreign securities, their custody and management No 4 Keeping account of securities in Centrálny depozitár cenných papierov SR, a.s.

3 Annex No 1 Legend 1 The volume of transaction also includes the aliquot interest revenue attributable to the financial instruments at the date of settlement 2 Centrálny depozitár cenných papierov SR, a.s. 3 The Trader need not to use PN and PPN for the realization of transaction 4 Basis for the calculation of the fee is 360/actual 5 The price comprises the fees for foundation and holding of the client account, owner account of the member and holder account of the member. Method of the calculation of the price for keeping of owner account, that the Trader has opened in CD, is enclosed in the Annex No 4 6 The prices for the submission of the note may differ. For comparison we indicate the amount of the fee for the submission of a note for collection to ČSOB: 0.25 % of the note amount, min. 49,79 EUR, max. 995,82 EUR 7 Prices for the realisation of the protest in the note may differ. For comparison we indicate the amount of the fee for the realisation of the protest through ČSOB: 66,39 EUR + actual costs 8 Method of the calculation of the price for keeping of owner account, that the Trader has opened in SCP CR, is enclosed in the Annex No 2 9 The amount of the bank fee may differ depending on the bank, through which the Trader effectuates the payment, or it may be increased by the fee for urgent payment (from 6,64 EUR up to 66,39 EUR) or in case of foreign payments by costs of the foreign banks (to be completed...) 10 The fee for ČSOB depends on the market of settlement (see the enclosed Annex No 3) fees for trades executed on stock market throught Poštová banka, a.s.: financial instruments traded on the main market in total executed amount to 1.000,- EUR = 5,- EUR; financial instruments traded on the main market in total executed amount from 1.000,- EUR to ,- EUR = 0,4% from total amount min. 5,- EUR; financial instruments traded on the main market in total executed amount from ,- EUR to ,- EUR = 0,3% from total amount min. 40,- EUR; financial instruments traded on the main market in total executed amount over ,- EUR = individually defined; financial instruments traded on the other market (except main market) in total executed amount to ,- EUR = 0,8% min. 10,- EUR; financial instruments traded on the other market (except main market) in total executed amount from ,- EUR to ,- EUR = 0,6% min. 80,- EUR; financial instruments traded on the other market (except main market) in total executed amount over ,- EUR = individually traded.

4 Annex No. 2 Keeping securities on owner's account in the Centrálny depozitár cenných papierov SR, a. s. 3.1 Entry of a person in the CDCP records of persons, change of registered data, deletion of a person free 3.2 NID assignment CZK Establishment of an account of owner or customer CZK Insertion of an account established in the Securities Centre under a CDCP participant free 3.5 Entry of administrator into property account free 3.6 Entry in the records of shareholders (price for a shareholder) CZK Keeping securities on owner's account in the central file (monthly fee) a) quoted shares (O= volume of quoted securities on the account at the market value) (for the owners of securities that hold, on owner's account in the central file of CDCP, 98% and more out of the volume of the respective issue, the parameter O is max. CZK 600 million the limit does not affect the accounts of customers and the accounts kept in records linked to the central file) b) unlisted shares and participation certificates of closed share funds (O = the volume of unlisted securities on the account in nominal value) (for the owners of securities that hold, on owner's account in the central file of CDCP, 98% and more out of the volume of the respective issue, the parameter O is max. CZK 600 million the limit does not affect the accounts of customers and the accounts kept in records linked to the central file) O 0.75 * p.a. O 0.75 * p.a. c) bonds (O= volume of securities on the account in nominal value) (O/100) 0.75 *0.07 p.a. 3.8 Keeping investment tools on owner's account in separate records of the CDCP (monthly fee) a) foreign shares and derivative securities (from the volume of securities on the account in market value) 0.03% p.a. b) foreign bonds (from the volume of securities on the account in nominal value) 0.02% p.a. c) shares in collection certificates (O= volume of securities in market value provided that investment tools quoted at the Prague Stock Exchange are concerned, otherwise in nominal value) O 0.75 * p.a. 3.9 Custody and administration of certificated investment tools (monthly fee from the volume of securities on the account in nominal value) 0.045% p.a.

5 Annex No. 3 I. Fees for the transactions settlement with foreign securities, their management and custody Market Fee for settlement Fee for management Type of foreign Note without payment and custody security and against payment (base points)* (EUR) Argentina 116,18 30 All Australia 142,73 40 All Belgium 56,43 13 All Bulgaria 119,50 35 All Czech Republic 49,79 12 All Denmark 96,26 11 All Estonia 76,35 10 All Euroobligations 56,43 9 Euroobligations Finland 106,22 10 All France 89,62 10 All Greece 245,63 35 All Netherlands 89,62 10 All Indonesia 56,43 20 All DTC Ireland 56,43 10 All Japan 89,62 10 All South Africa 89,62 50 All South Korea 106,22 25 Shares Canada 56,43 10 All DTC Luxembourg 56,43 10 All Hungary 89,62 35 All ** Mexico 89,62 12 All Germany 56,43 10 All Norway 156,01 10 All New Zealand 89,62 10 All Poland 106,22 10 All BH Poland 33,19 10 T-bills Portugal 116,18 10 All Austria 89,62 7 All Rumania 185,89 60 All Slovenia 82,98 30 All *** Spain 96,26 10 All Switzerland 116,18 10 All Sweden 106,22 10 All Italy 89,62 10 All Turkey 116,18 22 All United States 69,71 10 GDR/ADR Clearstream United States 56,43 10 All DTC United Kingdom 39,83 10 All Fee for instruction to the internal transfer Fee for cancellation or correction of instruction against payment Fee for cancellation or correction of instruction without payment * base point = 0.01% p.a. ** payment of dividend 0.1 %, voting in the general meeting USD 200 ***fee for re-registration 0,050 % of the traded amount 9,96 EUR 21,58 EUR 4,98 EUR The prices for settlement comprise the money transfers related to the settlement of foreign securities and FX operations. The prices do not comprise the fees for re-registration, stamp duty and others that may occur in some cases, including conversion of foreign securities. The fees other than fees for settlement or management and custody are indicated in the rules for the individual foreign securities markets. The bank reserves the right to adjust the fees in case of the USD/EUR conversion rate change by more than 10%, or the change of legal regulations affecting the fees.

6 Apendix No.4 1. Maintenance of the accounts of the securities in company Centrálny depozitár cenných papierov SR, a.s. 7. Maintenance of the accounts of the securities No. 7.1 Service Property account registration for a member of CDCP (owner s account, client s account, holder s account) Code of service Price (without tax)/pattern free Property holder s account for non-member CDCP/property each other 165,00/500, holder s account for non-member CDCP ( persons by 105a section 3 CD Property owner s account in the records CDCP free 7.4 Maintenance of the account for member of CDCP ( owner s account, holder s account) and maintenance holder s account for a legal persons not members of the CDCP a) equity securities* (V = volume of securities on account in nominal value, e = coefficient CD CD CD CD for equity securities) V x e b) debt securities** (V = volume of securities on account in nominal value, d = coefficient for debt securities) V x d Rules for calculation for the maintenance of the account: Price for maintenance of the account will calculate last day of every calendar month counting the price for equity securities and counting the price for debt securities, whichever is that the price for maintenance of the account is at least 30,00 and maximum ,00 for one account per month.if the last day of the month is volume of securities in amount 0,00 or if is account cancelled, maitenance for the account is free of payment. Coefficients: Securities Coefficient Equity securities ( e ) 0, Debt securieties ( d ) 0, Example of calculating a price (P) for maintenance of the account for one month in volume of equity securities in amount ,00 and volume of debt securities in amount ,00 P= ( ,00 x 0, ) + ( ,00 x 0, )=( 4, ,05 )= 54,48 Rules for invoicing the price for maitenance of the account: Price for maitenance for a member of CDCP of the owner s account, for a member of CDCP of client s account, for a member of CDCP of holder s account and maintenance of holder s account for law s persons non-members of CDCP will be invoicing after finished every calendar month