Ljubljana Stock Exchange (CEE Stock Exchange Group)

www.ljse.si  
Tel : 386.1 471 0211
Fax : 386.1 471 0213

 

Representatives

President of the Management Board : Mr. Andrej Sketa

Member of the Management Board : Ms. Polona Peterle, MSc

 

Types of Securities Traded Name of Trading Systems (cash and derivatives) Trading Hours
Bonds (Government, Bank, Corporate) Simplified remote access, liquidity providing, etc.

Regular trading on Xetra : 9.30-13.00

Shares   Block trading : 8:00 - 13:00
Close-end funds    
Open-end funds    

Treasury bills

   

 

Supervisory Body

ATVP (Securities Market Agency)

Name of Clearing & Settlement Organization

KDD (Central Securities Clearing Corporation)

Settlement Cycle

Regular trading on Xetra : T+2
Block trading on Xetra : from T + 0 to T + 3
 

Name of Central Securities Depository

KDD (Central Securities Clearing Corporation)

Commissions on Transactions levied by Exchange

Shares and certificates 0.03% -  0.08% (depending on the group for the payment of the minimum monthly fee) 
Bonds 0.03%

Short-term Securites 0.002%

Open-end Funds 0.015%-0.04% (depending on the group for the payment of the minimum monthly fee)
The maximum buyer as well as seller fees for a single trade is EUR 100.

Taxes on Dividends, Interests

Individuals:

  • dividends and interest rates: 20% witholding tax
  • capital gain: 20% witholding tax;
    • 15% if security is held more than 5 years,
    • 10% if held more than 10 years,
    • 5% if held more than 15 years
    • 0% if held more than 20 years

Corporations:

  • taxable as other revenues: 20%
  • no witholding tax

2011 Share ownership thresholds (%)

 

The thresholds of major holdings*

  • The thresholds of major holdings: 5, 10, 15, 20, 25 percent, 1/3, 50 or 75 percent of total voting rights in this company;
  • A shareholder must inform a company and a company must publish the information on change in major holdings.

Takeover*

  • Takeover threshold: 25% share of voting rights;
  • Takeover bid shall be made by the offeror achieving the takeover threshold;
  • Additional takeover threshold: a renewed takeover bid shall be made by the offeror after having acquired a 10 % share of voting rights after the completed successful takeover bid procedure;
  • Final takeover threshold: the obligation of making a renewed takeover bid shall cease when the offeror with a successful takeover bid acquires at least 75% of the offeree company’s all voting shares.

*Valid for a company (in case of takeover also referred as “offeree company”):

  • whose voting shares are admitted to trading on the regulated market; 
  • whose shares are not traded on the regulated market and has at least 250 shareholders or equity capital of not less than EUR 4.000.000.

 

Short selling (Yes / No)

 

No

Short selling conditions (if any)

Only possible in the timeframe required for settlement (T+2)

Holiday
1st January
8th February
29th March
1st April
1st May
2nd May
25th June
15th August
31st October
1st November
24th December
25th December
26th December
31st December
This page was last updated on: 01/21/2013 - 16:20