UniCredit Bank Slovenija d.d.
Summary:
New revision of the Slovenian Central Securities Depository's Fee Schedule will come into effect on 1 January 2016, introducing a new calculation principle for the safekeeping fee charged to unlisted or illiquid shares
Thu, 17/12/2015
From 1 January 2016 the safekeeping fees for unlisted or illiquid shares will be calculated based on the last known book value of the shares. In case the book value per share is lower than EUR 1.00, the latter will be used for the calculation of the safekeeping fees.
Currently the safekeeping fees for such shares are calculated based on their nominal value.
Impact on investors: The new fee calculation principle will result in increase of the safekeeping fees for unlisted or illiquid shares.