2019-10-09_01_Market Notice Conversion Fees for DRs of Halyk Savings Bank of Kazakhstan JSC

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2019-10-09_01_Market Notice Conversion Fees for DRs of Halyk Savings Bank of Kazakhstan JSC

Market Notice – AIX Announcement –pdf

Pursuant to Rule 1.5.6 of AIX CSD Business Rules, AIX CSD hereby informs its Participants as follows:

In addition to the Market Notice 2018-12-12 -1.

AIX CSD informs its Participants that the fees for Issuance and Cancellation of Depository Receipts of Halyk Savings Bank of Kazakhstan JSC (ISIN US46627J3023) are set as per below:

FEES COMPONENTS: FEES:
For Issuance and Cancellation 0,05 USD per DR rounded up to the next 100 DR
For Cancellation additional 17.50 USD cable fee per instruction
Transferring securities from AIX CSD to facilitate Depository Receipts conversions to/from underlying securities 0,05% of the value* subject to a minimum of 100 USD

*The value is calculated according to the official average price of the security on AIX the day before the day of the transfer. If no average price of the security on AIX exists the day before the day of the transfer, the value is calculated according to the face value of the security. It is not charged for conversions within the AIX CSD where the converted securities remain in the AIX CSD.

Should you have any questions in relation to this letter please feel free to contact AIX CSD at ptd@aix.kz.