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Minsk, Belarus

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Shares purchasing/selling procedure

Brokerage ServicesApplication Placement on BCSEShares Purchase / Sale Procedure

When purchasing shares in JSC there is a need to:

  1. Sign an brokerage services agreement with JSC BSB Bank
  2. To place the necessary sum of money in cash into BSB Bank cash desk or to transfer it.
  3. To provide BSB Bank with the following documents:
    1. оrder to purchase shares
    2. letter on a buyer membership to issuer executives
    3. common shares purchase offer (only for issuer executives)
    4. common shares buying-in offer (only for individuals intended to purchase more than 50% of common shares)
    5. consent of the antimonopoly authority, valid for one year (only for individuals who are intended to purchase more than 25% of the dominant companies common) (all references)
    6.  consent of the antimonopoly authority, valid for one year (only for individuals who are intended to buy more than 20% of the issuer ordinary shares, the assets balance value of whose exceeds 100 thousand basic units on the latest reporting date or whose revenue from selling  goods (works, services) exceeds 200 thousand basic units at the end of the financial year)

When selling JSC shares there is a need to:

  1. Sign a brokerage services agreement with JSC BSB Bank
  2. to block shares needed for the transaction on your custody account
  3. to provide BSB Bank with the following documents:
    1. Order to purchase shares
    2. custody account statement for the period  from the date of share purchase to the date of share selling order
    3. documents confirming expenditures on shares purchase
    4. shares selling intention notification copy addressed to regional executive committees and Minsk City Executive Committee
    5. copy of refusal letter on purchasing these shares from regional executive committees and Minsk City Executive Committee (only for shares to which regional executive committees and Minsk City Executive Committee  have a preferential purchasing right in accordance with the first subparagraph 1.4 of a paragraph 1 of the Presidential Decree, 16 November 2006 № 677)
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In case of divergence of information in Russian and English versions of the site, the Russian version of the site shall prevail.

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