WisdomTree Multi Asset Issuer PLC Wisdomtree Wti Crude Oil 3x Daily Short Securities Proposed Amendment To The Principal Amou...
February 05 2020 - 9:12AM
UK Regulatory
TIDM3LOI
5 February 2020
LEI: 2138003QW2ZAYZODBU23
LSE Code: 3OIS
WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY
(a public company incorporated with limited liability in Ireland)
WISDOMTREE WTI CRUDE OIL 3X DAILY SHORT SECURITIES
PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES
MEETING OF THE ETP SECURITY HOLDERS
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. In case of queries,
please contact Link Asset Services at enquiries@linkgroup.ie
https://www.globenewswire.com/Tracker?data=QTxv0oBcXxSqIkPpLmW8mdNdypYWuD6pJ0NTLTOAnWYWcUUvUBWYmcw7XSulP66BFqx1uChAByoIy6k-1F_EijBY6LNv7_YmltiSFhHhve4=
.
If you have sold or transferred all of your WisdomTree WTI Crude Oil 3x
Daily Short Securities (the "Affected Securities") of WisdomTree Multi
Asset Issuer Public Limited Company (the "Issuer"), please send this
document, together with the accompanying form of proxy, at once to the
purchaser or transferee or stockbroker, banker or other agent through
whom the sale or transfer was made, for onward transmission to the
purchaser or transferee.
The Issuer wishes to announce that the Meeting of the holders of the
Affected Securities (with ISIN IE00B7SX5Y86) scheduled for 5 February
2020 at 11:00 a.m. (the "Original Meeting") has been adjourned, in
accordance with paragraph 20 of Schedule 7 of the Trust Deed, for lack
of a quorum. The adjourned meeting will be reconvened at 11:00 a.m. on
20 February 2020, being a date not more than 30 days after the Original
Meeting, and will be held at the offices of Apex IFS Limited in 2 Grand
Canal Square, Grand Canal Harbour, Dublin 2, D02 A342, Ireland (the
"Adjourned Meeting").
The Adjourned Meeting is being held to consider certain amendments to
documentation, made under the powers set out in clause 2 of schedule 7
of the master trust deed of the Affected Securities, required to effect
a reduction in the principal amount of the Affected Securities from USD
2 to USD 0.2. This follows the price of the Affected Securities falling
below 500 per cent. of its current principal amount on 6 January 2020,
and is designed to maintain the normal trading and operations of the
Affected Securities. Full details of the Proposal and Extraordinary
Resolution are set out in the notice dated 13 January 2020.
Holders of the Affected Securities have received a form of proxy by post,
allowing them to vote on the matters being considered at the Original
Meeting and at the Adjourned Meeting. Under article 11.5 of the Issuer's
Articles of Association, no further notification is required for the
Adjourned Meeting. Holders of the Affected Securities are therefore
directed to the original notification posted to them on 13 January 2020,
and also available on the website of
the Issuer, at
https://www.wisdomtree.eu/en-gb/resource-library/prospectus-and-regulatory-reports#tab-2A942D42-5AA1-4008-9080-3C2DADB050A7.
Holders of the Affected Securities should note that a duly completed
form of proxy deposited in respect of the Original Meeting will continue
to be valid for the Adjourned Meeting unless previously revoked or
suspended by a further form of proxy prior to the Meeting.
In accordance with normal practice, The Law Debenture Trust Corporation
p.l.c., as trustee, expresses no opinion as to the merits of the
Proposal, the terms of which were not negotiated by it. It has however
authorised it to be stated that, on the basis of the information
contained in the original circular and in this document (which it
advises holders of Affected Securities to read carefully) it has no
objection to the form in which the Proposal and Notice of Meeting are
presented to holders of Affected Securities for their consideration.
Holders of the Affected Securities will be notified of the outcome of
the Adjourned Meeting shortly thereafter.
(END) Dow Jones Newswires
February 05, 2020 09:12 ET (14:12 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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