Integral list of shareholders from March 4
- Integral list of shareholders from March 4
- Post By daniloc
- 12:31, 8 februar, 2002
On March 4, Central Depositary Agency (CDA) would start sending integral lists of shareholders to companies that citizens invested their vouchers in the auction process.
Deputy director of CDA, Miomir Jovanovic, said at today’s meeting with journalists in the Press centre of the Secretariat for Information that this institution did not have the obligation to inform the citizens on the number of shares obtained, but companies should present the list on their notice boards.
“As of February 15, when the term for complaints of citizens expires, we would have two weeks to unite the lists of old and new shareholders. Integral lists would be sent to companies within 15 days although I do not think that it would be enough for such extensive activity,” said Jovanovic.
He said that CDA was updating the information sent by companies from MVP list, which was why he could not say the exact number of companies that have so far been registered in the Central Register.
“Only two companies, Polipak from Berane and Konkol from Kolasin did not reply to our invitation, so we have no contact with them. Companies that are not registered in CDA within the specified period of time would not receive the lists of shareholders, and their managements would be answerable for the situation,” said Jovanovic.
He also said that companies would not be able to emit and trade shares if they were not registered in the central register, and they must submit the book of shares because it was the only proof they owned any securities.
He reminded that the job of CDA, founded 15 months ago, is registration and keeping of dematerialised securities and issuing of certificates on situation and changes on their accounts.
In order to register itself in the Central register, the company has to obtain the certificate of the Commission for securities on registering in the register of emitters, and then fill in the forms from the CDA. Jovanovic added that it was also necessary to sign the contract on membership in the CDA and pay the fee on the agency’s account, according to its price-list.
“After data from the forms are processed, CDA sends the control register of shares to the emitter for inspection, which the emitter then returns with possible corrections. After that, the CDA officially accepts the data into the Central register and issues the certificate from the account of each shareholder,” said Jovanovic.