WisdomTree Multi Asset Issuer PLC Wisdomtree Nasdaq 100(R) 3x Daily Short Securities Proposed Amendment To The Principal Amou...
February 02 2021 - 5:50AM
UK Regulatory
TIDM3LOI
Tuesday 2 February 2021
LEI: 2138003QW2ZAYZODBU23
LSE Code: QQQS
WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY
(a public company incorporated with limited liability in Ireland)
WISDOMTREE NASDAQ 100(R) 3X DAILY SHORT SECURITIES
PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES
MEETING OF THE ETP SECURITYHOLDERS
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you
are in any doubt about what action you should take, you are recommended
to consult your independent financial adviser.
NOTICE is hereby given that, pursuant to the provisions of the trust
deed dated 20 December 2012 (as amended) constituting (inter alia) the
WisdomTree NASDAQ 100(R) 3x Daily Short Securities (the "Affected
Securities" with ISIN IE00BLRPRJ20) and made between (1) WisdomTree
Multi Asset Issuer Public Limited Company (the "Issuer"), (2) The Law
Debenture Trust Corporation p.l.c. (the "Trustee") and (3) WisdomTree
Multi Asset Management Limited (the "Manager"), a meeting of the holders
of the Affected Securities (the "Affected Security Holders"), convened
by the Issuer, will be held by way of virtual meeting on Thursday 25
February 2021 at 11 a.m. local time (the "Meeting").
The Meeting is being held to consider certain amendments, made under the
powers set out in clause 2 of schedule 7 of the master trust deed of the
Affected Securities, to documentation required to effect a reduction in
the principal amount of the Affected Securities from USD 12.18 to USD
1.218. This follows the price of the Affected Securities falling below
500 per cent of its current principal amount on Tuesday 26 January 2021
(the "Threshold Event Date").
In order to maintain the normal trading and operations of the Affected
Securities and to avoid a compulsory redemption event being triggered,
the Issuer considers that the Principal Amount of the Affected
Securities should be reduced.
The reduction in the Principal Amount will not affect the Price per ETP
of the Affected Securities as the Price per ETP Security is calculated
by reference to the underlying index and not to the Principal Amount of
the Affected Securities.
It is important to note that:
-- The reduction of the Principal Amount of the Affected Securities does NOT
dilute an Affected Security Holder's holding or reduce the value of an
Affected Security Holder's holding.
-- The reduction of the Principal Amount does NOT negatively impact the
ability of the investor to trade the Affected Securities.
-- The reduction of the Principal Amount does NOT affect the amount an
Affected Security Holder would, in practice, receive on redemption of the
Affected Securities.
Affected Security Holders will receive notification by post, including a
form of proxy allowing them to vote on the matters being considered at
the Meeting by proxy. Affected Security Holders may also access the
notification and the form of proxy on the website of the Issuer, at
https://www.globenewswire.com/Tracker?data=lrUQ_IamlpxmlAbVxmSqcm8EVr9WC3VSr6clfsSrnXNKat-9joBeHnySIrooVitOHbCyQIUNfOAUZu1pcPQeLk6CC7hgkV2pjguaXR96gBe8RZIC7PR9Kp2ZVK8pyA8QCGUTuN-0_3Og-O8hvwH-R5SCLbw0yeryZ5SA-hr1FyrNQM30c937HZJGkIM5x00TScfQF-eLrIbr6rWMfR6337bclknzBBppsmNFneFC9XBDiNCSKDN-VpZshaeyeG7tAe8w2WeA9xAf6YQIADHO1pPc132kDEECZDySUe-7G7hksbtEul4ORge2rYEHYE2sEQ12GjQ20Arpr8NdhOUB_nLWWn_eybvDBVycag5YG_Y=
https://www.wisdomtree.eu/en-gb/resource-library/prospectus-and-regulatory-reports#tab-2A942D42-5AA1-4008-9080-3C2DADB050A7.
Affected Security Holders will not be permitted to attend the Meeting
physically in person, and are strongly advised to vote by proxy. In case
of queries in relation to proxy voting, please contact Link Asset
Services at enquiries@linkgroup.ie.
If Affected Security Holders wish to attend the Meeting, arrangements
will be made for them to attend virtually via such teleconference
facility as shall be specified by the chairperson ahead of the Meeting.
Affected Security Holders who wish to attend the Meeting in this way are
directed to contact Apex IFS Limited at IFSCOSEC@apexfs.com no later
than half an hour before the Meeting, and will require proof of identity
and holding.
Affected Security Holders will be notified of the outcome of the Meeting
shortly thereafter.
(END) Dow Jones Newswires
February 02, 2021 05:50 ET (10:50 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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