Tariff as of 26.06.2018
Tariff for the fees and commissions for the services of Lenno Global Advisory JSC in force as of 26.06.2018.
|Transactions through trading platform MetaTrader 5|
|1. Trading with forex, metals, commodities and stock indices contracts for differences||according to the conditions published at www.lenno.com and/or in the platform MetaTrader 5|
|2. Trading with stocks contracts for differences||according to the conditions published at www.lenno.com and/or in the platform MetaTrader 5|
|3. Interest, swap and currency conversion||according to the conditions published at www.lenno.com and/or in the platform MetaTrader 5|
|Cash operations for clients|
|4. Cash deposits through bank transfer in lev or in other currency||no commission (bank fees are charged to the customer) *|
|5. Withdrawal of cash via bank transfer in lev or other currency||no commission (bank fees are charged to the customer) *|
|6. Deposit via credit or debit card through POS terminal||3.5% of the amount|
|7. Withdrawal via credit or debit card||no commission|
|8. Physical cash deposit in lev or other currency||0.5% of the amount, minimum BGN 50|
|9. Physical cash withdrawal in lev or other currency||0.5% of the amount, minimum BGN 50|
|Transactions with real delivery of financial instruments|
|10. Transactions with shares, share rights, compensatory instruments, bonds and other financial instruments, concluded through a brokerage terminal in Lenno Global Advisory JSC’s office.**|
|а) For transactions up to BGN 100,000||
2.99% of the transaction cost, minimum BGN 49
|b) For transactions between BGN 100,000 and BGN 1,000,000||1.99% of the transaction cost|
|c) For transactions exceeding BGN 1,000,000||negotiable, minimum 0.99% of the transaction cost|
|11. Transactions with shares, share rights, compensatory instruments, bonds and other financial instruments concluded through COBOS**|
|a) For transactions between BGN 100,000 and BGN 1,000,000||0.9% of the transaction cost, minimum BGN 19|
|b) For transactions between BGN 100,000 and BGN 1,000,000||0.6% of the transaction cost|
|c) For transactions exceeding BGN 1,000,000||0.3% of the transaction cost|
|12. Servicing repo deals||1.99% of the transaction cost, minimum BGN 49|
|Safekeeping of client assets|
|13. Safekeeping of securities***|
|a) For assets amounting up to BGN 100,000||2.99% annually on the basis of the assets’ value|
|b) For assets amounting to between BGN 100,000 and BGN 1,000,000||2.49% annually on the basis of the assets’ value|
|c) For assets amounting to between BGN 1,000,000 and BGN 10,000,000||1.99 % annually on the basis of the assets’ value|
|d) For assets exceeding BGN 10,000,000||negotiable, minimum 0.99% annually on the basis of the assets’ value|
|14. Safekeeping of cash***||0.99% annually on the basis of the assets’ value|
|15. Transfer of securities/compensatory instruments in the registry of the Central Depositary JSC|
|a) From another II or personal account in the CD to the client’s account in Lenno Global Advisory JSC||no commission|
|b) From account with Lenno Global Advisory to account with another II or to the client’s personal account in the CD||1.99% from market value**** + BGN 19 per emission|
|16. Issuing of certificates for financial instruments held (depositary receipt) from the Central Depositary JSC|
|a) Natural persons||BGN 49|
|b) Legal persons||BGN 99|
|17. Blocking of securities||BGN 249|
|18. Maintaining account in the absence of transactions for the period of one calendar year*****||BGN 79 per month|
|Transactions as registration agent**|
|19. Registration of transactions, donations or other transfers negotiated between the parties in advance||negotiable|
|20. Inheritance of securities procedure||BGN 179 + BGN 39 for transfer|
|21. Issuing duplicate of the certificate of financial instruments ownership (depositary receipt)||BGN 139|
|22. Portfolio inquiry||BGN 179|
|23. Inquiry of extended portfolio as of past date from Central Depositary JSC||BGN 379|
|24. Change of personal data in the Central Depositary JSC||BGN 179|
|25. Annual COBOS fee||BGN 72|
|26. Individual portfolio management||negotiable|
|27. Investment advisory||negotiable|
|28. Advisory services, incl. investment advisory, preparation of prospectus for public companies, preparation of prospectus for bond issues, preparation of tender offers, investment bankig on behalf of corporate clients and etc.||negotiable|
* The amount of all bank charges applicable to the transfer (by the recipient bank or intermediary bank) is deducted from the transfer amount. Lenno Global Advisory JSC bears no responsibility for any service charges levied on transfers from banks.
** The commissions of the Central Depositary JSC and the Bulgarian Stock Exchange are included in the commission of Lenno Global Advisory JSC.
*** Fees and Commissions are charged and deducted at the end of each calendar month. Clients categorized as professional do not owe safekeeping tax.
**** When there is no current market bid value of offer price, quoted on active market, the most recent transaction price is taken for current market price, provided that there hasn’t been any significant change in the economic conditions after the transaction; in the case that the asset’s market value could not be determined, the nominal value is considered for such market value.
***** Commissions under item 18 is charged in total for the previous calendar year during the month of January of the next year.
When applicable the Commissions from the current Tariff are excluding VAT.
In the cases when fees for services which Lenno Global Advisory JSC has the right to provide according to its license, are not explicitly included in the current Tariff, the fees that apply are negotiated.
Upon termination of the contract with Lenno Global Advisory JSC, the client pays all commissions and expenses in relation to transferring his financial instruments and cash holdings.
Upon submission of regular orders or orders that require additional cost, Lenno Global Advisory JSC can negotiate commissions different from the ones specified in the Tariff. For all other services offered by Lenno Global Advisory JSC a negotiable remuneration is paid.
Lenno Global Advisory JSC reserves the right to update the current Tariff in case of changes in the market situation as well as in change in the tariffs of servicing institutions, which will be reported in due course.
The current tariff was adopted at a meeting of the Board of Directors of Lenno Global Advisory JSC, held on the 26.06.2018 and published on the same day. For all current clients of the investment intermediary as of the date of announcement, the tariff enters into force within one month of the appropriate notification.