Investment guide
In case you don’t have a lot of experiences with equity investments, the following information shall serve you as a simple equity investment guide. In any case you should consult every investment decision with your financial advisor.
Where can I buy the shares?
You can purchase shares in a bank or at a stockbroker that will execute the purchase for you on the Bratislava Stock Exchange (BSSE), the Prague Stock Exchange (PSE), or the Warsaw Stock Exchange (WSE).
Here is the list of members of the exchanges:
Bratislava Stock Exchange – http://www.bsse.sk/bcpben/Members/ListofBSSEMembers/tabid/184/language/en-US/Default.aspx.
Prague Stock Exchange – http://www.pse.cz/Members.aspx.
Warsaw Stock Exchange – http://www.gpw.pl/lista_czlonkow_gieldy_en
What steps do I need to take?
You can contact banks and stockbrokers in any way – online, via hotlines, or directly at their branch.
a) With investments on the Bratislava Stock Exchange or Prague Stock Exchange you will need a securities account.
Do you have a securities account opened?
If your securities account is with your bank or stockbroker, you can buy stock directly on this account in your bank or at your stockbroker’s. If your securities account is with the Central Securities Depositary, any exchange member bank or stockbroker can buys shares for you on this account.
How can I find out if I have an account opened with the Central Securities Depositary (CSD)?
You can confirm this by entering your personal identification number on the CSD website.
To open a securities account:
• You will open a securities account at the CSD, which will hold your purchased equity shares, or your stockbroker or bank will open the account for you.
• You can purchase stock directly on this account in your bank that services your account.
b) With investments on the Warsaw Stock Exchange you just need to open a brokerage account with your stockbroker or bank or directly with TMR’s market maker – BOŚ at makler@bossa.pl. For the complete list of members of the Warsaw Stock Exchange click here: http://www.gpw.pl/lista_czlonkow_gieldy_en. Shares will be held in the Polish securities depositary (KDPW) on the account of your stockbroker.
Stock purchase:
•You will sign a brokerage contract, based on which you will be able to purchase shares (buy order).
•You will instruct your bank with a buy order on TMR shares on the relevant exchange.
•Also you will specify the amount or number of shares that you want to buy.
•You will specify the maximum price that you will be willing to pay.
What comes next?
- The bank will execute your order on the stock market, i.e. it will buy from counterparties – investors that are willing to sell.
- After the stock purchase the bank will send you the trade details – number of shares purchased, price, and related fees.
What should I do to trade online?
In order to trade online here are several links of Czech and Slovak stockbrokers that provide this option on the Bratislava Stock Exchange (BSSE), the Prague Stock Exchange (PSE), and the Warsaw Stock Exchange (WSE):
www.eatlantik.sk/ - BSSE, PSE, WSE
www.fio.cz - BSSE
www.patria-direct.cz/ - BSSE, PSE, WSE
www.rmsystem.cz/ - PSE
In Poland online trading is provided by most brokerage houses and banks: http://www.gpw.pl/lista_czlonkow_gieldy_en.
What if there are not enough investors willing to sell?
On the market there is a market maker, i.e. a trader that buys and sells every day, based on an agreement with the exchange, which binds them to execute buy and sell orders of TMR shares via the exchange trading platform – every day you can buy from or sell the shares to the market maker. On the Bratislava and Prague exchanges J&T Banka, a.s. is TMR’s market maker, and on the Warsaw Stock Exchange it is BOŚ DM.
What should I do to sell the shares?
The procedure is similar to purchase. Since the brokerage contract is signed already, you just need to instruct your bank, which keeps your securities account, to sell by specifying the number of shares and the price limit.
What additional return can I get after purchasing TMR stock?
The same as any other stock joint company, TMR can pay out dividends. The General Meeting decides on the dividend pay-out based on the proposal by the Board of Directors. Every shareholder can attend the General Meeting.
In addition, there are benefits that TMR offers to members of the Shareholders‘ club: http://www.tmr.sk/shareholders-club.html. Any shareholder who owns at least 25 shares of TMR is automatically eligible to become a member of the Shareholders‘ club.
Membership and benefits of the Shareholders' Club
Updated information about shares value and about company via web page www.tmr.sk
Additional tips and info:
What is a „depositary participant“?
A bank or a stockbroker that is authorized to administer securities accounts.
What is a „securities account“?
An account that holds securities of a client. It can be in custody of a local central securities depository (Central Securities Depositary SR, Central Securities Depositary CR, and Krajowy Depozyt Papierów Wartościowych- KDPW) or a depositary participant.
What is the difference in investment based on a brokerage contract and investment into mutual funds?
The biggest difference is the fact that the trades based on the commission contract are carried out based on the instruction from the client – this means the client decides alone what kind of securities he/she holds in the portfolio. In a mutual fund a portfolio manager selects the securities, this means the client cannot influence this decision.
Up-to-date information on TMR shares can be found here: About TMR shares
Who should I contact?
SK:
The following banks and stockbrokers that are members of the BSSE (most Slovak banks are) http://www.bsse.sk/%C4%8Clenovia/Zoznam%C4%8Dlenov.aspx:
- J&T BANKA, a.s., foreign bank subsidiary
Dvořákovo nábrežie 4, 811 02 Bratislava
Phone: 0800 900 500
Fax: 02/5941 81 15 - J&T BANKA, a.s.
Pobrezni 297/14, 186 00 Praha 8, Czech Republic
Via Slovak subsidiary - Postova banka, a.s.
Prievozska ul. 2/B, 821 09 Bratislava
Phone: 02/5960 3246, 5960 3202
Fax: 02/5960 3253 - Ceskoslovenska obchodna banka, a.s.
Michalska 18, 815 63 Bratislava 1
Phone: 0850 111 777
Fax: 02/5441 4860 - Dexia banka Slovensko a.s.
Hodzova 11, 010 11 Zilina
Phone: 041/5111 448, 5111 414
Fax: 041/5111 435 - ING BANK N.V. foreign bank subsidiary
Jesenskeho 4/C, P.O.Box 123, 811 02 Bratislava 1
Phone: 02/5934 63 88
Fax: 02/5293 12 42 - OTP Banka Slovensko, a.s.
Sturova 5, 818 55 Bratislava 1
Phone: 02/5979 62 70, 5979 62 71
Fax: 02/5296 34 53 - Slovenska sporitelna, a.s.
Tomasikova 48, 832 37 Bratislava
Switchboard operator: 02/4862 11 11
Sporotel : 0850 111 888, 0915 111 888, 0910 111 888 - Tatra banka, a.s.
Hodzovo nam. 3, 811 06 Bratislava 1
Dialog: 02/ 5919 1000, 6866 1000,
0903 903 902 (T-Mobile), 0906 011 000 (Orange), 0850 111 100 (from clients outside Bratislava) - UniCredit Bank Slovakia a.s.
Sancova 1/A, 813 33 Bratislava
Phone: 02/4950 23 16, 4950 23 66
Fax: 02/4445 17 77 - VOLKSBANK Slovensko, a.s.
Vysoka 9, P. O. Box 81, 810 00 Bratislava 1
Switchboard operator: 02/5965 1111
Call centrum: 0850 123 123 - Vseobecna uverova banka, a.s.
Mlynske nivy 1 – P. O. Box 90, 829 90 Bratislava 25
Phone: 02/5055 9401, 5055 9410
Fax: 02/5055 2077
or brokers:
- SALVE INVESTMENTS, o.c.p., a.s.
Plynarenska 7/A, 824 60 Bratislava 26
Phone: +421 2 582 53 530 - Patria Finance, a.s.
Jungmannova 24, 110 00 Praha 1, Czech Republic
Phone: (00 420) 221 424 111
Fax: (00420) 221 424 222 - Sympatia Financie, o.c.p., a.s.
Mlynske nivy 45, 821 09 Bratislava
Phone: 02/4445 57 96
Fax: 02/4445 57 97 - RM-S Market, o.c.p., a.s.
Nam. SNP 14, P.O. Box 127, 810 00 Bratislava 1
Phone: 02/5932 93 19
Fax: 02/5932 95 17 - SEVISBROKERS FINANCE o.c.p., a.s.
Kuzmanyho 8, 010 01 Zilina
Phone: 041/50 787 00, 50 787 11, 50 787 61, 50 787 62
Fax: 041/56 249 66 - CAPITAL INVEST, o.c.p., a.s.
Polna c. 1, 811 08 Bratislava
Phone: 02/ 577 807 11, 577 807 22, 577 807 33
Fax: 02/ 577 807 20 - PROXENTA, SE
Independent financial agent
Rontgenova 26, 851 01 Bratislava
Phone: +421 (2) 32191011
CZ:
Here is the complete list of members of the PSE: http://www.pse.cz/Members.aspx
PL:
Here is the complete list of members of the WSE: http://www.gpw.pl/lista_czlonkow_gieldy_en