Shareholders
According to the Law on the Market of Securities and Other Financial Instruments there are no limitations concerning the entities which could be the shareholders of the Exchange, thus the shareholders can be the Republic of Serbia, as well as foreign and domestic legal entities or physical persons.
Pursuant to the Law on the Market of Securities and Other Financial Instruments any person with the intention of gaining a qualified interest in the Exchange capital, i.e. shares with the voting right so that his or her interest reaches, exceeds or falls below 5%, 10%, 15%, 20%, 33% or 50% of the total number of votes of the Exchange General Assembly, is obliged to obtain previous consent of the Securities Commission. If a qualified interest is acquired by a bank or an insurance company, previous consent of the National Bank of Serbia is obligatory as well. The acquisition of shares in violation of the said limitations has as a consequence losing the voting rights on the basis of thus acquired shares.
Beside the Republic of Serbia, the Belgrade Stock Exchange shareholders structure consists of broker-dealer companies, banks, insurance companies and legal entities engaged in the production and distribution of goods.
The share capital of the Belgrade SE is compounded of 4,160 common stocks with the voting right.
The Belgrade Stock Exchange is organized as a closed joint-stock company with the restriction in the transfer of shares stipulated by the contract of organization of the Belgrade Stock Exchange, as its Memorandum of Association, in compliance with the Law on Business Companies. The shareholders of the Exchange may freely sell the Exchange shares solely to the Exchange. The General Assembly makes decisions on the offer for selling shares or acquiring its own shares. The shareholders of the Exchange may acquire shares of the Exchange in the secondary trading of the Exchange shares respecting the preemption right of the Exchange and third persons respecting the preemptions right of the Exchange and the Exchange shareholders. The procedures for secondary trading in shares in compliance with the aforesaid restrictions are stipulated in the Memorandum of Association of the Exchange.
The information on the Exchange shareholders is available in the register of businesses of the Serbian Business Registers Agency.
2,20%
-0,12%
0,00%
%