Minority shareholders

Knowledge of so-called >minority shareholders> on securities business is at an exceptional low level. Our opinion is that shareholders that belong to our financial market are insufficiently educated and informed which is the reason there is buying and selling of companies on the exchange instead of market development through purchase of shares for ongoing selling, which leads to the actual goal of profit through price differential. Due to this, Intercity Broker AD Belgrade considers the need to dedicate enough time and energy to minority shareholders and help them identify all the capabilities – profit and risks. This is the only way we can gain a developed securities market, where minority shareholders with knowledge of their rights stand shoulder to shoulder with >big players> and compete on the market while instantaneously gaining possible profits.

With continuing changes on the securities market (Law on securities and other financial instruments, sub regulated acts, business regulations of the Central securities depository and clearing house, business regulations of the Belgrade Stock Exchange and etc.) it is necessary for minority shareholders to be informed in due time
Therefore, Intercity broker dedicates specific devotion to minority shareholders and strives to extend a wide range of these services:
  • opening and managing ownership security accounts in the Central securities depository and clearing house,
  • opening and managing trading, mortgage or repo- securities account,
  • accepting and submitting sell/purchase orders to the Exchange,
  • opening unpaid securities accounts (if necessary),
  • opening security deposit accounts (if necessary),
  • opening free of charge a dedicated dinar account for purchasing/selling shares at member bank Central securities depository and clearing house (this is valid for the banks that Intercity broker JSC Belgrade has signed Contracts with-Contract of technical business collaboration),
  • opening free of charge a dedicated foreign currency account for purchasing/selling bonds at member bank Central securities depository and clearing house (this is valid for the banks that Intercity broker JSC Belgrade has signed Contracts with-Contract of technical business collaboration),
  • investigating the coverage of a sell order in the Central securities depository and clearing house,
  • submitting statements of securities account status in compliance to Law,
  • developing strategies for signing a social program for the buyer in case of the sale of a company (70%) through an auction in the Agency for privatization,
  • securing shareholders rights in case of the sale of a company (70%) through a tender and signing a social program for the buyer,
  • consulting services and protecting shareholder rights in order to acquire rights of new share issues (share capital increase),
  • consulting services and protecting shareholder rights in order to acquire free shares (based on seniority),
  • consulting services in order to acquire shares by way of gift, inheritance (family trust and consulting during the family trust process),
  • interest potential strategic partners together with the members of the Company in the country as well as internationally,
  • reasoning existing Law and regulations that regulate the securities market,
  • extending consulting services, overseeing and developing analysis of the domestic securities market necessary for the investor and etc.,
Knowledge of so-called >minority shareholders> on securities business is at an exceptional low level. Our opinion is that shareholders that belong to our financial market are insufficiently educated and informed which is the reason there is buying and selling of companies on the exchange instead of market development through purchase of shares for ongoing selling, which leads to the actual goal of profit through price differential.