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Document Sample
Approved by
Order of ZAO DCC
No. 44 of June 19, 2009
Fees effective July 01, 2009
FEE SCHEDULE
Closed Joint-Stock Company "Depository Clearing Company"
Part 1. Depository and Clearing Services
1.1. Opening of a depo account
1.2. Securities safekeeping and recording on a depo account
1.3. Deposit of securities involving transfer of ownership
1.4. Withdrawal of securities
1.5. Transfer of securities between depo accounts within DCC
1.5.1 Free of payment delivery/receipt
1.5.2. Delivery/receipt versus payment
1.5.3. Transfer of securities after clearing held by NP Russian Trading System Stock Exchange
(RTS)
1.5.4. Transfer of securities from/to "account for Depository Receipt Issuance"
1.6. Blocking of securities
1.7. Processing of Instruction submitted in hard copy
1.8. Supplement to Statement of Holdings
1.9. Provision of additional reports
1.10. Issuance of copy of document submitted earlier to Participant (including transfer via EDI
and S.W.I.F.T.)
1.11. Transfer of securities from the main subaccount to the “Blocked for trades on MICEX -
Stock Market Section” trading subaccount
1.12. Transfer of securities from the “Blocked for trades on MICEX - Stock Market Section”
trading subaccount to the main subaccount
1.13. Cancellation of an instruction for an operation to be executed via interdepository cooperation
speedy settlement scheme
Part 2. Services Involving Re-registration and Other Operations with Securities in Registrars and
Depositories
2.1. Securities re-registration at share registers or at securities depositories
2.2. Transactions in a share register not involving securities re-registration
2.3. Express processing of transactions provided by Item 2.1. or 2.2.
2.4. Payment of Registrars' fees for securities re-registration on client's instruction
Part 3. Corporate Actions and Information
3.1. Corporate actions processing
3.1.1. Voluntary corporate action processing and reporting
3.1.2. Processing of securityowner list furnished by Participant in a format other then the format
used by Depository
3.1.3. Processing of securityowner lists delivered to Depository after the established deadline
3.1.4. Calculation and/or distribution of dividends, principal payments, and coupon/interest
3.1.5. Proxy services (voting at shareholder meetings on behalf of shareholders)
3.2. Provision of corporate information via Automated Query System on DCC's website
3.2.1. Detailed news items
3.2.2. Detailed information about Issuer (issuer, securities, income, meetings)
3.2.3. Detailed information on Registrar
3.3. Provision of corporate information on Participant's written request, other services
3.3.1 Provision of information on registered persons (securityholders of record) from share
register
3.3.2. Provision of corporate information (except for information for the purposes of Items 3.2.1.-
3.2.3.) on written request
3.3.3. Provision of Registrars Bulletin in electronic form
3.3.4. Provision of forms used by Registrars (hard copy)
Part 4. Remote Access to the Clearing and Depository System
4.1 Operation via DCC Electronic Document Interchange System
4.2 Operation via RTS Electronic Document Interchange System
4.3. Operation via S.W.I.F.T
Part 5. Other Services
5.1 Courier services (special delivery of documents)
Part 1. Depository and Clearing Services
No. Services Rates 1 Comments
1.1. Opening of a depo account RUB800 per account
1.2. Securities safekeeping and
recording on a depo account 2
1.2.1. Safekeeping and recording of RUB135 for safekeeping securities Fee charged for each full or incomplete
Issuers' securities, excluding Issuers of one Issuer, but not less than calendar month. A Participant pays for
that are ZAO (closed joint-stock RUB4,000 per month the total number of issuers whose
companies) or maintain their own securities are held in its securities
share register (depo) accounts.
1.2.2. Safekeeping and recording of RUB675 for safekeeping securities Fee charged for each full or incomplete
securities of the Issuers that are ZAO of one Issuer, but not less than calendar month. A Participant pays for
(closed joint-stock companies) or RUB4,000 per month the total number of issuers whose
maintain their own share register securities are held in its securities
(depo) accounts. The minimum fee of
RUB4,000 is not charged if securities of
the Issuers stated in Item 1.2.1. are also
held in the depo account
1.2.3. Maintenance of a depo account with RUB1,350 per month Fee is charged for the total number of
zero balances as of the end of each depo accounts of one Participant.
operating day of a calendar month
1.3. Deposit of securities involving
transfer of ownership
1.3.1. Depositing of securities during re- In accordance with Items 2.1, 2.3,
registration in the share register 2.4 of the Fee Schedule
effected by DCC.
1.3.2. Depositing of securities during RUB500 per Instruction Except for securities enlisted in DCC
settlement via cooperation between Special Fee Schedule [6]
DCC and ZAO CB Citibank, if the
registrar / transfer agent is located in
Moscow, St. Petersburg, Moscow
Region or re-registration is
performed via electronic document
interchange between DCC and the
registrar.
1.3.3. Depositing of securities during RUB1,900 per Instruction Except for securities enlisted in DCC
settlement via cooperation between Special Fee Schedule [6]
DCC and ING BANK (EURASIA)
ZAO, if the registrar / transfer agent
is located in Moscow, St. Petersburg,
Moscow Region or re-registration is
performed via electronic document
interchange between DCC and the
registrar.
1.3.4. Depositing of securities during RUB250 per Instruction Fee includes all DCC expenses for
settlement via cooperation between execution of Participant’s instruction.
DCC and NP NDC
1.3.5. Depositing of securities during RUB1,900 per Instruction Except for securities enlisted in DCC
settlement via cooperation between Special Fee Schedule [6]
DCC and OOO Deutsche Bank, if
the registrar / transfer agent is
located in Moscow, St. Petersburg,
Moscow Region or re-registration is
performed via electronic document
interchange between DCC and the
registrar.
1.4. Withdrawal of securities
1.4.1 Withdrawal of shares 3 from an RUB270 plus 50 percent of the fee
account with DCC and depositing for re-registration in accordance with
them to an account with a Registrar Item 2.1 of the Fee Schedule
or another depository
1.4.2. Withdrawal of bonds (including as a RUB135
result of redemption) from an
account with DCC and depositing
them to an account with a Registrar
or another depository
1.4.3. Withdrawal of investment fund units RUB270
from an account with DCC and
depositing them to an account with a
Registrar or another depository, and
also due to redemption/exchange of
investment fund units
1.4.4. Withdrawal of securities during RUB1,400 per Instruction Except for securities enlisted in DCC
settlement via cooperation between Special Fee Schedule[6]
DCC and ZAO CB Citibank, if the
registrar / transfer agent is located in
Moscow, St. Petersburg, Moscow
Region or re-registration is
performed via electronic document
interchange between DCC and the
registrar.
1.4.5. Withdrawal of securities during RUB2,400 per Instruction Except for securities enlisted in DCC
settlement via cooperation between Special Fee Schedule[6]
DCC and ING BANK (EURASIA)
ZAO, if the registrar / transfer agent
is located in Moscow, St. Petersburg,
Moscow Region or re-registration is
performed via electronic document
interchange between DCC and the
registrar.
1.4.6. Withdrawal of securities during RUB960 per Instruction Fee includes all DCC expenses for
settlement via cooperation between execution of Participant’s instruction.
DCC and NP NDC
1.4.7. Withdrawal of securities during RUB2,400 per Instruction Except for securities enlisted in DCC
settlement via cooperation between Special Fee Schedule[6]
DCC and OAO Deutsche Bank, if
the registrar / transfer agent is
located in Moscow, St. Petersburg,
Moscow Region or re-registration is
performed via electronic document
interchange between DCC and the
registrar.
1.5. Transfer of securities between
depo accounts within DCC
1.5.1. Free of payment delivery/receipt
1.5.1.1. Transfer of shares between accounts RUB575 per Instruction
1.5.1.2. Transfer of bonds and investment RUB25 per Instruction
fund units between accounts
1.5.2. Delivery/receipt versus payment
1.5.2.1. Transfer of shares relating to OTC RUB550 per Instruction If several instructions with the same
trades details (securities account from which
securities are debited, securities account
to which securities are credited, issuer
name, security issue) are executed
during one operating day, the fee
charged for the execution of such
instructions is equal to the fee charged
for executing of a single instruction.
1.5.2.2. Transfer of securities relating to If several instructions with the same
trades executed on RTS details (securities account from which
securities are debited, securities account
from 1 to 100 Instruction during a to which securities are credited, issuer
calendar month RUB550 per Instruction name, security issue) are executed
during one operating day, the fee
from 101 to 200 Instruction during a charged for the execution of such
calendar month RUB525 per Instruction instructions is equal to the fee charged
for executing of a single instruction.
from 201 to 500 Instruction during a
calendar month RUB500 per Instruction The fee for the execution of an
instruction will not be charged if,
from 501 to 1,000 Instruction during besides such instruction an OTC trade
a calendar month RUB475 per Instruction instruction is executed during the same
operating day, and if both instructions
from 1,001 and more Instruction have the same details (securities account
during a calendar month RUB400 per Instruction to which securities are debited,
securities account to which securities
are credited, issuer name, security
issue).
1.5.2.3. Transfer of bonds and investment RUB25 per Instruction
fund units relating to OTC trades or
trades executed on RTS
1.5.3. Transfer of securities as a result of
clearing carried out by RTS
1.5.3.1. Transfer of shares upon conditional RUB135 per conditional Instruction
instructions
1.5.3.2. Transfer of bonds and investment RUB25 per conditional Instruction
fund units upon conditional
instructions
1.5.3.3. Transfer of securities between depo RUB50 per operating day The fee is charged if the series of
accounts following the results of transactions relating to
clearing conducted by RTS deposit/withdrawal of securities of one
issue during one operating day resulted
in a change in the quantity of securities
at the end of the day. Additional issue of
securities is treated as a separate issue,
and charged accordingly.
1.5.4. Transfer of securities from/to RUB1,080 per Instruction The fee is not charged:
"account for Depositary Receipt - if the accounts (sub-accounts) between
Issuance" which securities are transferred are
owned by the same Participant;
- to the owner of the "account
Depositary Receipts issuance".
1.6. Blocking of securities RUB540 Not charged in case of blocking in
trading sub-account of depo account and
blocking pursuant to resolution of
competent government authorities.
1.7. Processing of Instruction RUB400 per Instruction Except for an Instruction for which
submitted in hard copy electronic form is not allowed and an
cancellation instruction.
In case the Instructions for transfer of
securities between depo accounts of
different Participants are have been
prematched, the fee shall be charged
from each Participant.
1.8. Supplement to Statement of RUB50 per Supplement On request of Depositor/Account
Holdings Trustee
1.9. Provision of additional reports RUB800 per report On request of Depositor/Account
Trustee
1.10. Issuance of copy of document RUB5 per sheet (for documents in
submitted earlier to Participant paper form) but not less than
(including transfer via EDI and RUB100 per document
S.W.I.F.T.)
1.11. Transfer of securities from the
main subaccount to the “Blocked
for trades on MICEX - Stock
Market Section” trading
subaccount
1.11.1. For securities which are not included RUB200 per Instruction
in the List of securities eligible for
settlement via DCC-NDC Bridge.
1.11.2. For securities included in the List of RUB450 per Instruction Fee includes all DCC expenses for
securities eligible for settlement via execution of Participant’s instruction.
DCC-NDC Bridge.
1.12. Transfer of securities from the “Blocked for trades on MICEX - Stock Market Section” trading subaccount to
the main subaccount
1.12.1. For shares which are not included in RUB870 per Instruction Fee includes all DCC expenses for
the DCC - RTS Standard Special execution of Participant’s instruction
List except for instructions related to OAO
Gazprom shares. For instructions
relating to OAO Gazprom shares an
additional fee is charged to cover
expenses for reregistration.
1.12.2. For shares which are included in the DCC - RTS Standard Special List Fee includes all DCC expenses for
execution of Participant’s instruction
From 1 to 500 Instruction during a RUB125 per Instruction except for instructions related to OAO
calendar month Gazprom shares. For instructions
From 501 Instruction during a RUB100 per Instruction relating to OAO Gazprom shares an
calendar month additional fee is charged to cover
expenses for reregistration.
1.13. Cancellation of an instruction for RUB570 per Instruction
an operation to be executed via
interdepository cooperation
speedy settlement scheme
Comments
[1]
The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
services of third organizations and other documented expenses of DCC connected to performance of Participants'
Instructions are charged.
[2]
The fee includes all services provided in accordance with the depository/interdepository agreements and for which
there is no separate fee.
[3]
Hereinafter "shares" refers to "shares and their derivatives".
[4]
The amount of the transaction is calculated in Russian Rubles according to the rate of the Central Bank of the
Russian Federation as for the date of the instruction processing.
[5]
Reference to information provided by information agencies includes indication of the relevant information
agency.
[6]
See Fees of Closed Joint-Stock Company «Depository Clearing Company» for Execution of Operations via
Interdepository Cooperation in case a Trip to Another RF Constituent Entity is Required.
Part 2. Services Involving Re-registration and Other Operations with Securities in Registrars and
Depositories
NO. Services Rates 1 Comments
2.1. Securities re-registration at share
registers or at securities
depositories
2.1.1. If the Registrar/Securities RUB1,080 per Instruction Securities re-registration service includes
Depository/Re-registration Agent the provision to the client of a
is located in Moscow, St.- notice/account statement or a Registrar's
Petersburg, or Moscow Region or statement of refusal to enter a record in
if a transaction is being executed the share register.
via Electronic Document If it is necessary to make an extra visit to
Interchange System between DCC the office of a registrar or a securities
and a Registrar depository due to failure to execute an
2.1.2. RUB3,200 per Instruction instruction (provided that such failure
If it is necessary to travel to other was not due to the fault of DCC), each
regions of Russia such trip shall be charged as a separate
re-registration service.
2.2. Transactions in a share register not
involving securities re-registration
(receipt of account statements,
notices, information letters;
account opening, modification of
account details, blocking/release
of securities in securityholder
account)
2.2.1. If the Registrar/Securities RUB540 per Instruction If it is necessary to make an extra visit to
Depository/Re-registration Agent the office of a registrar or a securities
is located in Moscow, St.- depository due to failure to execute an
Petersburg, or Moscow Region instruction (provided that such failure
2.2.2. was not due to the fault of DCC), each
If it is necessary to travel to other RUB1,600 per Instruction such trip shall be charged as a separate
regions of Russia or other states re-registration service.
2.3. Express processing of transactions 100% surcharge on fees in Item 2.1 or
provided by Item 2.1. or 2.2. 2.2
2.4. Payment of Registrars' fees for RUB270 per payment of service
shares re-registration on client's charges on client's instruction
instruction
Comments
[1]
The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
services of third organizations and other documented expenses of DCC connected to performance of Participants'
Instructions are charged.
Part 3. Corporate Actions and Information
No. Services Rates 1 Comments
3.1 Corporate actions processing
3.1.1 Voluntary corporate action RUB675
processing
3.1.2 Processing of securityowner list RUB500 per owner
furnished by Participant in a
format other then the format used
by Depository
3.1.3 Processing of securityowner lists RUB50 per owner
delivered to Depository after the
established deadline
3.1.4 Calculation and/or distribution of RUB135 per transaction Fee charged on amounts over RUB1,000
dividends, principal payments, and (income calculation/distribution)
coupon/interest
3.1.5. Proxy services (voting at RUB4,000 Where DCC agents attend and vote at
shareholder meetings on behalf of shareholder meetings on behalf of several
shareholders) shareowners, the amount of travel-related
expenses is to be borne by such
shareowners in equal proportion
3.2 Provision of corporate
information via Automated
Query System on DCC's website
3.2.1 Detailed news items RUB50 per message Information viewed by clicking the news
RUB25 per message (for subscribers) headline given in red. The service is free
for Participants that have non-zero
balances of securities of the specific issue
as of query date (except for information
provided by information agencies 5)
3.2.2 Detailed information about Issuer: RUB25 The fee is charged for each click on the
Issuer; securities; income; Detailed Information link.
meetings This service is free for Participants that
have non-zero balance of securities of the
specific issue as of query date.
3.2.3 Detailed information on Registrar RUB400 The fee is charged for each click on the
Detailed Information link.
3.3 Provision of corporate
information on Participant's
written request, other
informational services
3.3.1 Provision of information on
registered persons (securityholders
of record) from share register
3.3.1.1 If the Registrar is located in RUB1,350 This service is provided on request of a
Moscow, St.-Petersburg, or Participant holding over 1% of the
Moscow Region Issuer's voting shares.
If the Registrar is located in other RUB2,700
3.3.1.2 regions of Russia or other
countries
If the Participant refuses to receive RUB270
3.3.1.3
information
3.3.2 Provision of information (except RUB1,350 per hour of work of Payment shall be made in accordance
for information for the purposes of Depository employee, but not less than with the amount of working time (which
Items 3.2.1.-3.2.3.) on written RUB675 must be agreement with the Participant)
request spent by the Depository staff on the
processing of the Participant's request
3.3.3 Provision of Registrars Bulletin in
electronic form:
3.3.3.1 Initial purchase RUB13,500 Initial purchase and subsequent updates
3.3.3.2 Update RUB5,400 per update but not more are to be independently made by the
than RUB5,400 per month Participant on the Depository's website
3.3.4 Provision of forms used by
Registrars (hard copy):
3.3.4.1 Initial purchase - forms of all RUB8,100
Registrars
3.3.4.2 Update: each form of individual RUB25 per form
Registrar
3.3.4.3 Update RUB540 per update Updates provided upon Participant's
request.
Comments
[1]
The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
services of third organizations and other documented expenses of DCC connected to performance of Participants'
Instructions are charged.
[5]
Reference to information provided by information agencies includes indication of the relevant information
agency.
Part 4. Remote Access to the Clearing and Depository System
No. Services Rates 1 Comments
4.1. Operation via DCC Electronic
Document Interchange System
4.1.1. Subscriber Station Software RUB2,150 For installation
featuring built-in Verba-O
Cryptographic Data Protection
System
4.1.2. Set of key floppy discs (main disc RUB3,300 For installation
and duplicate disc)
4.1.3. Registration RUB1,350
4.1.4. Receipt of Instruction RUB5 RUB2,700 max. per month
4.1.5. On-site technician visit, per hour RUB1,350
or less (on Participant's request)
4.1.6. Unscheduled replacement of set of RUB1,350 Plus payment for generation of new set of
key floppy-discs in case of keys
compromise
4.2 Operation via RTS Electronic
Document Interchange System
4.2.1. Registration RUB1,350
4.2.2. Receipt of Instruction RUB5 RUB2,700 max. per month
4.3 Operation via S.W.I.F.T
4.3.1. Receipt and processing of RUB80 per incoming Instruction RUB2,700 max. per month
Instruction
Comments
[1]
The fees are given in Russian Rubles (exclusive VAT). In addition to the fees overhead expenses, costs of
services of third organizations and other documented expenses of DCC connected to performance of Participants'
Instructions are charged.
Part 5. Other Services
No. Services Rates 1 Comments
5.1. Courier services (special delivery RUB270 per letter
of documents)
Comments
[1]
The fees are given in Russian Rubles (exclusive VAT). In addition to the fees travel related expenses, costs of
services of third organizations and other documented expenses of DCC connected to performance of Participants'
Instructions are charged.
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