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A: Providing the Market with financial data and notifying it of any important events or developments which may affect the price of the security are considered the most important.
A: Yes, because purchasing at the right time before the convening of the company’s General Assembly, for example, would enable you to participate in distribution of profits in accordance with the company’s Articles of Association.
A: The maturity date is the date on which the shareholder is registered in the company’s Shareholders Registry at the Market, and on this date the shareholder shall be entitled to his share in profits. Payment date is the date on which actual payment of these profits shall be made by the company’s administration on a date following the General Assembly meeting.
A: A listed company must submit its annual financial statements within three months of the end of the financial year, and within one month of the end of the quarter in the case of quarterly financial statements.
A: No, the Emirates Securities & Commodities Authority is the only agency legally authorized to approve listing, and listing applications should therefore be submitted to it.
A: These information mat be obtained from the Companies Listing Division or by reference to the listed company’s Articles of Association.
A: The aim is to ensure fare trading for all investors and provision of financial data on all listed companies. Allowing these insiders, who have access to information which are not available to the public to trade would lead to “Insider Trading”. These are transactions carried out on basis of information which are normally available to the company’s directors and staff and are not accessible to the public. Accordingly, these insiders stand to make unlawful profits, and we seek to ward off these insiders from violating rules and regulations on the one hand, and urge companies to make such information available to the public on the other in order to ensure fairness for all.
A: In case of card loss, the investor should submit an application to the CSD Department for issuing a new card.
A: The non-demated shares are when shares held in physical or paper form. Holding the shares certificate by the investor will not allow him/her to sell the share at ADX. The demated share is when shares settled in an electronic form. After dematerialization, the investor will no longer hold physical share certificates, but will maintain an account with the CSD, in which his ownership is reflected as a computerized credit entry.
A: The Lodgment process goes into many steps and includes more than one party. Share certificate in its physical form has to be sent to and verified by the company registrar. Upon confirmation received from the registrar, CSD credits the investor account with the equivalent number of shares.
A: After dematerialization, the shares will be kept safely in a computerized method. All shares are transferred into the investor account held with the CSD.
A: Investor share certificate deposits, new allotted issues, or Bonus/Right issues are credited to the investor account within CSD.
When the investor intends to sell shares, he /she is required to transfer the quantities of share to his/her broker trading account; however, none of the brokers have access to investor account at CSD.
A: An investor may have one account with one or more Brokers. The investor can transfer securities among those accounts by making the request through the relevant Broker.
A: You can simply apply for a transfer request to transfer the shares from the Investor account with the broker to the investor account with the CSD. Then transfer the shares to another broker by applying for share transfer from the investor CSD account to the investor Broker’s account.
A: Securities listed in ADX are only traded in the market. ADX only allows transferring securities among family members of the second degree (Family Transfer).