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.
What is the fee that the SDC collects for the ownership transfers of government bonds,bonds issued by public institutions and municipalities and corporate bonds for transactions excluded from trading through the Market in the cases stated in the previous?
(0.0001) One per ten thousand of the market value of the contract and from one party with a minimum of (250) two hundred and fifty fils.
What is the fee that the SDC collects for securities ownership transfers (with the exception of government bonds and bonds issued by public institutions and municipalities and corporate bonds) in the following cases:
- Family transfers.
- Donations.
- Transfers for the purpose of dividing joint ownership of securities.
(0.002) Two per one thousand of the market value and from one party with a minimum of (250) two hundred and fifty fils.
What is the fee that the SDC collects for securities ownership transfers (with the exception of government bonds and bonds issued by public institutions and municipalities and corporate bonds) in the following cases:
- Transfers in accordance with the JSC's decisions.
- Transfers that occur between the Founders of an Issuer in accordance with the relevant Laws and/or authorities decisions during the period of lock-up of the founding shares.
(0.0014) Fourteen per ten thousand of the market value and from each party of the contract with a minimum of (1) one Dinar for each party or the agreed upon price whichever is higher.
What is the fee that the SDC collects for securities ownership transfers (with the exception of government bonds and bonds issued by public institutions and municipalities and corporate bonds) in the following cases:
- Inheritance transfers.
- Waqf of securities.
- Wills in securities.
- Transfers that occur in accordance with the Law of the Government’s Acquisition of Monies that Reach Limitation.
- Transfers in accordance with decisions of courts and execution departments.
(0.0015) Fifteen per ten thousand of the market value and from one party with a minimum of (250) two hundred and fifty fils.
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?
(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.