BUSINESS ACTIVITIES

 

         Broker diler IMTEL Trade is working in accordance with Law on Stock Exchange and Stock Exchange intermediaries, Law for securities and financial markets, Stock market regulations, Rules of stockbroker, Constitution and Operating procedure. 


            Team of IMTEL Trade is representing persons who are dedicated to fulfilling client’s requests and all are having broker license. We are offering expert and professional service for our clients. Except brokerage service, we are providing communication for our clients with all institutions.

 

Stockholders are obligated, according to Law for securities and financial markets, to open owners accounts with Broker diler which they chose, and in compliance with that they have rights to trade with their stocks. 

Also according to Law for securities and financial markets, there is obligation of controling and taking evidence of stock owners, for all Firms at Central register. All Firms are obligated to comply theirs Stockholder books with Database of Central register, to open emission account and to call their stockholders to open Owners accounts. Beside of obligations to comply with Central register evidence, there are some other obligations for Firms (Issuers):

 

§                     Public advertisement of Prospect and all important business measures and all other events which can affect on stock price;

§                     Deputy statement and suggestion of Competence for approval from SEC and organization of Convention;

§                     Making a statement from Firm management about Obtaining more than 25% of ownership over stocks;

§                     New technology emission of stocks from add capitalization;

§                     New technology of dividend distribution in form of stocks and cash.

 

With Central register regulation, and according to new regulations, there are new tasks which Firms have to do, thought member of Central register. Those tasks are:

·                                                                                             Issuer has obligation to make Contract for corporate issues, with member of Central register;

·                                                                                             Corporate agent has obligation to take existing stockholder database from Issuer and to form electronic data record, according with Central register regulations;

·                                                                                             Corporate agent has obligation to submit electronic data record to Central register, with Issuer stock ownership, on CD and to do compliance of evidence with Central register data;

·                                                                                             Corporate agent has obligation, in name of Issuer, to define and give Demand for opening emission account for Issuer stocks, to Central register;

·                                                                                             Corporate agent has obligation, in name of Issuer, to define and give Demand for ISIN number and CFI code for all emissions of Issuer;

·                                                                                             Corporate agent has obligation, in name of Issuer, to define and give Central register Demand for stock enrolment on Issuer emission account;

·                                                                                             Issuer has obligation to inform stockholders about procedure for opening owners accounts for Issuer’s stocks;

·                                                                                             Corporate agent has obligation to enable stockholders to open owners accounts in Central register;

·                                                                                             Corporate agent has obligation to define and  give Central register Demand for transferring stocks from emission account on stockholders owner’s accounts.

Beside this, regulations define other obligations for Issuer, to fulfill them through Corporate agent:

·         Informing Issuer stockholders about Deputy statement and about Competence before Stockholder Convention;

·         Informing Issuer stockholders about Offer for stock obtaining;

·         Informing Central register about scheduled Stockholder Convention;

·         Giving Demand to Central register for issuing Issuer stockholder book, in purpose of scheduled Stockholder Convention and in case or other events;

·         Conduction of dividend distribution in cash according to Central register procedure, and by Issuer authority;

·         Withdrawal of issued stocks, by Issuer authority.

IMTEL TRADE is clearing member of Central register and Belgrade stock exchange member, and there are all technical  conditions for Corporate agent tasks, for opening and handling owner’s accounts at Central register. Beside, IMTEL TRADE is personnel, organizationally and technically (hardware and software) completely equipped for reception and realization of Buy and sell orders on Stock exchange.

IMTEL TRADE in communication with Central register and Belgrade stock exchange uses extraordinary information system, which is completely compatible with information systems of these institutions. According to previous, inserting, processing and execution of Issuer orders and its stockholders is done under full control and with minimal risk of making errors. 

Team of IMTEL Trade is:

 

Ř       Jovanka Danilović, general director

jdanilovic@imteltrade.com

 

Ř       Dragoslav Danilović, broker

ddanilovic@imteltrade.com

 

Ř       Suzana Kreculj, broker

skreculj@imteltrade.com