The minimal value of the block transaction is 5.000.000,00 denars;
If the value of the transaction is up to 10.000.000,00 denars, the number of participants in the transaction can not be more than two entities;
If the value of the block transaction is between 10.000.000,01 and 60.000.000,00 denars, the number of participants in the transaction can not be more than 30 entities;
If the value of the block transaction is over 60.000.000,00 denars, or the number of the shares that are subject in the block transaction is more than 50% from the issued shares on the company, than the number of participants is not limited;
The share price of the publicized block transaction for shares that are traded on the Official and Regular market cannot deviate more than 10% of the weighted average price of all the transactions with these shares on the stock exchange in the last 30 days, including the trading day when the block transaction is publicized. If there was not trading with the shares that are object of the block transaction in the last 30 days, including the trading day when the block transaction is publicized, the share price is freely formed.
The entities that are involved in the block transaction ought to conclude a trade agreement for the securities that are object of the block transaction before reporting it to the Macedonian Stock exchange Inc Skopje;
Third parties cannot have influence on the share price of the block transaction, neither can purchase from the shares that are object of the block transaction;
The transfer of the ownership rights over the securities that are object of the block transaction is executed on the settlement day
EURO BROKER JSC Skopje provides its clients with complete service such as legal construction of the trade agreement, reporting the block transaction to the Macedonian stock exchange and implementation of the transfer of ownership rights over securities in the Central Securities Depository.
