Fees
What is the fee that the SDC collects for providing the issuer with a statement of the owners of its securities?
(5) Five Dinars if the statement is in soft copy and (250) two hundred and fifty fils for each page and with a minimum of (5) five Dinars if the issuer is provided with a statement of the owners of securities in hard copy. Noting that the SDC provides the issuer with a statement of the owners of its securities for free once a year.
What is the fee that the SDC collects for releasing a pledge from securities?
No fee is collected for releasing a pledge from securities.
Is there a By-Law that specifies the fees that the SDC collects?
Yes, the Internal By-Law of the Securities Depository Center’s Proceeds specifies all the fees that the SDC collects.
What is the fee that the SDC collects for the issuance of an ownership notice to the securities’ owner?
(2) Two Dinars for each ownership notice.
What is the fee that the SDC collects for the issuance of a securities account statement for securities owners?
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(1) One Dinar for each statement. |
What is the fee that the SDC collects for placing a pledge upon securities?
(5) Five Dinars for each pledge transaction.
What is the fee that the SDC collects for updating client data and information on the SDC’s database?
(250) Two hundred and fifty fils.
How is the market value of "non-traded securities" calculated?
The market value is calculated based on the last closing price of the security or the agreed upon price whichever is higher. In case where there is no closing price, the market value is calculated based on the nominal value of the security or the agreed upon price whichever is higher.
