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Reset binary option paper trading accounts
Phuthuma Nathi and Phuthuma Nathi 2 continue to engage productively and meaningfully with the Registrar in all respects. Trading is the process whereby the shareholders of Phuthuma Nathi and Phuthuma Nathi 2 in this instance sell their shares to other Black people or entities that buy the shares. MultiChoice implemented an extensive communication campaign to educate its then current shareholders and prospective shareholders in These included communicating directly with the then current shareholders, which started during the AGM in September Other communication methods included the internet, call centre, media print and electronic , Facebook as well as an information video that looped on DStv.
Rigorous verification processes are in place to ensure that only qualifying Black people are in the scheme. As per the rules, should a person be found to be fronting we can buy back their shares at par value 0. You can buy or sell shares via the over the counter platform that we have developed. This can be accessed directly through the internet at www. If the company was deregistered by shareholder resolution , then the shares must be disposed of in the manner indicated in this resolution.
Send us a certified copy of this document along with the other founding documents of the deregistered company. If the company was deregistered by CIPC for non-lodgement of annual returns , the directors should apply for reinstatement. In the strict terms of the law, the company in its deregistered state, as a shareholder, is in breach of its obligations in terms of the rules of the scheme which could result in the directors being required to cancel the shares registered in the company's name at no value.
In this case there is no alternative but to restore the registration of the company. This process is relatively simple and involves the provision of updated information to CIPC together with the payment of company duty and penalties for the period the company has been deregistered.
The fees charged are 1. The fees are for the management of the service and tax. Your order to sell will remain on the system for 90 days unless you ask for a lesser period and if it is not matched by the end of that time your order will lapse and the shares will remain yours. Phuthuma Nathi or Phuthuma Nathi 2 shares could be traded from 8 December Trade instructions can be submitted either via the online trading platform at www.
The trading platform will remain in operation until Phuthuma Nathi or Phuthuma Nathi 2 cease to exist. All shareholders will be informed if there is any change in this. Trading hours are weekdays between 09h00 and 17h00 excluding public holidays. Shareholders can load buy bids and sell offers outside of trading hours via the online trading platform at www. An existing shareholder or authorised representative of a shareholder will have received a shareholder number and password by SMS on verification.
A new shareholder or authorised representative of a shareholder will receive a shareholder number and password by SMS after their registration is complete. Contact the call centre on and ask one of the agents to reset your password for you. You will be sent a new password via SMS.
Contact the call centre on and ask one of the agents to provide you with your shareholder number. Contact the call centre on to update your cell phone number and reset your password. You will be requested to enter the old password first before changing to the new password. Pending trade instructions remain in the matching engine for a maximum of 90 days or less depending on what you stipulated at the time it was loaded.
You can re-submit a trade request, either via the online trading platform at www. The alternative is to do nothing if you no longer wish to sell or buy shares for the moment.
You can speak to any of the consultants in the Phuthuma Nathi call centre on Alternatively, you can email a consultant at phuthumanathi equityexpress. This is an open market and the market price is determined by what the sellers and buyers in the market are willing to sell their shares at and buy share for, respectively. Phuthuma Nathi and its agents are not registered brokers and cannot provide investment advice.
You should seek investment advice from a financial advisor or broker in this regard. We merely facilitate the trading process. However, shareholders have access to the following information on the Phuthuma Nathi website or via the Call Centre to help with price setting:.
Trade requests buy bids and sell orders are first ranked according to the price you request. Trade requests of the same price are ranked depending on when they entered the market. Any subsequent trade requests will be immediately executable if it is a buy bid at a price at or above the lowest sell offer in the market or a sell order at a price at or below the highest bid in the market. Log on to your trading profile on www. Alternatively, you can contact the call centre on to update these details.
Any partial matches that have occurred prior to the cancellation cannot be reversed. No, but you can cancel the pending trade request and re-submit it at the new price. Yes, the resubmitted trade request will be treated as a separate transaction and a transaction fee will apply.
Live trade and price information is available on the Phuthuma Nathi website www. Yes, log on to your trading profile on www. Alternatively, you can contact the call centre on and ask an agent to change this for you.
The revised B-BEE codes have increased the black shareholder ownership percentage from No dividends will be paid to your company until your company is compliant. Your account will also be suspended on the dividend payment date if your company is not compliant.
If we do not have a valid BEE certificate or affidavit from you, your organisation is non-compliant. Your account will also be suspended on the dividend payment date if we do not receive your BEE certificate by that date. Please be aware that the revised BEE codes have increased the black shareholder ownership percentage from If your organisation has an annual turnover of R50 million or less, a BEE certificate is not required but an affidavit to this effect is required.
Please visit the Phuthuma Nathi website www. You can buy shares directly through the internet or via the call centre, where the agent will take through a step by step process. These are the key steps you will follow when you buy through the internet or via the call centre;. You can only buy on behalf of a black South African individual or group under certain circumstances — for eg guardian of a minor, representative of a group or company.
You have to first register or verify your status as an authorised person. Administration cost on each buy transaction is 1. This will occur automatically as part of the buying process. Once the funds have been allocated to your trading account you will be able to submit your buy order either via the online trading platform at www.
Only cash deposits cash to the over the counter trades a maximum amount of R5 and EFTs are allowed. No cheques are allowed. Deposits take 2 to 3 working days to appear on your trading account cash balance and you will be notified as such via SMS. That depends on the funds you have available to spend or the number of share you wish to buy. On the online trading platform at www. You may request the bank account details for Phuthuma Nathi from the call centre on after you have been successfully identified and verified in terms of FICA.
You may request the bank account details for Phuthuma Nathi 2 from the call centre on after you have been successfully identified and verified in terms of FICA. Email or fax proof of payment to phuthumanathi equityexpress. The deposit will then be manually allocated to your trading account and you will be notified thereof by SMS or email. You will only be permitted to buy shares if you have enough money in the trading account to cover the purchase price, the administration fee and the securities transfer tax STT.
Any attempt to buy more than this will fail. It is mostly likely that your BEE status has not been verified or, in the case or entity shareholders, your BEE certificate is missing from our records or has expired. Contact the call centre on to verify your BEE status. You can sell shares directly through the internet or via the call centre, where the agent will take through a step by step process.
These are the key steps you will follow when you sell through the internet or via the call centre;. You can only sell on behalf of a black South African individual or group under certain circumstances — for eg guardian of a minor, representative of a group or company. Administration cost on each sale transaction is 1. Neither Phuthuma Nathi nor Phuthuma Nathi 2 is a tax advisor so you should seek tax advice in your personal capacity.
Tax will NOT be deducted automatically as part of the selling process. You can expect to receive the money in your bank account 3 to 5 working days after your sell order has been matched and you have been received an SMS or email notifying you of this.
Yes, the seller can choose to keep the proceeds in his trading account for future use. You can request a withdrawal at any time either via the online trading platform at www. You can expect to receive the money in your bank account 3 to 5 working days after your withdrawal request. You should ask your liquidator to contact the call centre on Contact the Phuthuma Nathi call centre on These requests are handled by the transfer secretaries.
Contact the call centre on This is a scam. The email does not come from Phuthuma Nathi. Phuthuma Nathi will never send you emails or sms's to trade Phuthuma Nathi shares. Please do not pay any funds to anybody to trade Phuthuma Nathi shares.
You can only trade Phuthuma Nathi shares in 2 ways: