Changes in the Pricelist for Investment and Ancillary Services

2014-03-28

We hereby notify of the new Pricelist for Investment and Ancillary Services coming into effect on 15 April 2014. The pricelist introduces new thresholds for the fees and commissions and changes in the fees and commissions as described below :

Minimum fee for the trading in debt securities in the secondary market in case AB DNB Bankas deals with other counterparties;
Minimum fee for the trading in exchange-traded funds (ETF);
Transaction fee for the transfer (sale) of investment fund units;
Fee for the free-of-payment transfer of securities (outgoing);
Fee for the free-of-payment transfer of securities (incoming);
Minimum transaction fee for repurchase agreements;
Minimum custody fee per quarter; and
Commission fee for the delivery of a statement (notice) by mail.

The table below contains the fees and commissions changed with effect from 15 April 2014 and the terms and conditions for their application:

Fee for the trading in debt securities in the secondary market in case AB DNB Bankas deals with other counterparties:		0.2% of the transaction value multiplied by the maturity of debt securities in years, max 2% of the transaction value, min LTL 172.64 (EUR 50)
Trading in exchange-traded funds (ETFs)¹:
≥ LTL 86,320 (EUR 25,000) equivalent		0.50%
< LTL 86,320 (EUR 25,000) equivalent		0.75%, min. LTL 120.85 (min. EUR 35) or min. USD 40²
Variable acquisition fee (percentage of the invested amount)¹:
≥ LTL 86,320 (EUR 25,000) equivalent		0.70%
LTL 8,632 – 86,319.99 (EUR 2,500 – 24,999.99) equivalent		1%
< LTL 8,632 (EUR 2,500) equivalent		2%
Transaction fee for transfer (sale) of investment fund units		LTL 51.80 (EUR 15) or USD 20³
Free-of-payment transfer (outgoing):
Securities registered in the Baltic states	LTL 51.80 (EUR 15)
Securities registered in other countries	LTL 103.59 (EUR 30)
Free-of-payment transfer (incoming):
Securities registered in other countries		LTL 69.06 (EUR 20)
To the DNB Trade platform		Please refer here
Transaction fee for repurchase agreements:
Debt securities of AB DNB Bankas		0.25%, min. LTL 120.85 (EUR 35)
Other financial instruments		0.50% min. LTL 120.85 (EUR 35)
Quarterly custody fee⁴:
Lithuanian securities
> LTL 863,200 (EUR 250,000) equivalent	0.01%
≤ LTL 863,200 (EUR 250,000) equivalent	0.02%, min. LTL 3.46 Lt (EUR 1)
Issues registered in the depository of Latvia, Estonia, the USA, the UK, Ireland, Germany, Austria, France, Benelux, Scandinavia or international depositories (ISIN codes starting with – LV, EE, US, GB, IE, DE, AT, FR, BE, NL, LU, NOK, SEK, FI, DK, EU, XS)
> LTL 863,200 (EUR 250,000) equivalent	0.015%
≤ LTL 863,200 (EUR 250,000) equivalent	0.02%, min. LTL 3.46 (EUR 1)
Other securities	0.1%, min. LTL 3.46 (EUR 1)
Delivery of statement (notice) by mail	LTL 34.53 (EUR 10)

¹ The minimum investment amount is LTL 3,452.80 (EUR 1,000) equivalent. Trading in bond funds are subject to 50% lower fees.
²The minimum USD 40 commission fee is charged for an order to buy / sell investment funds denominated in USD.
³The USD 20 transaction fee is charged for an order denominated in USD.