Leverage Shares PLC Notice of 2x Facebook Intraday Rebalance (7506A)
February 04 2022 - 4:59AM
UK Regulatory
TIDMFB2 TIDM2FB TIDMFB2E
RNS Number : 7506A
Leverage Shares PLC
04 February 2022
Leverage Shares plc
04 February 2022
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF
THE HOLDERS OF THE ETP SECURITIES. IF ANY ETP SECURITYHOLDER IS IN
ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT
THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY
If you have recently sold or otherwise transferred your entire
holding(s) of ETP Securities referred to below, you should
immediately forward this document to the purchaser or transferee or
to the stockbroker, bank or other agent through whom the sale or
transfer was effected for transmission to the purchaser or
transferee.
NOTICE OF INTRADAY REBALANCE
Leverage Shares plc (the ("Issuer") hereby gives notice that at
09:30:00 EST on 03 February 2022 (the "Trigger Time"), the price of
Meta Platforms, Inc. (the "Reference Asset") for the Leverage
Shares 2x Facebook ETP Securities (ISIN: IE00BF03XP94) (the "ETP
Securities") reached a trading price of $245 on exchange (the
"Trigger Value"), representing a drop of -24.15% from its previous
closing price of $323.00, thereby crossing the -20% set in the
index methodology for the NYSE Leveraged 2x FB Index (the
"Index").
This event triggered an intraday rebalance of the Index, which
in turn triggered an intraday rebalance of the ETP Securities as
provided in the Prospectus for the ETP Securities:
https://leverageshares.com/documents/prospectus/Leverage-Shares-Base-Prospectus-7-December-2021.pdf
(the "Prospectus").
Starting 5 minutes after the Trigger Time, the Issuer carried
out an intraday rebalance over the 10-minute period following the
Trigger Time using the Trigger Value as the reference (the
"Intraday Rebalance"), achieving an average price of $240.1318 and
setting an ETP Security Value of $15.6652 (the "Rebalanced ETP
Security Value").
Terms used but not defined in this notice shall bear the
meanings assigned to them in the Prospectus.
If you have any queries arising from this notice, please contact
us at info@leverageshares.com .
Yours sincerely
The Directors
Leverage Shares plc
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCEANALESKAEEA
(END) Dow Jones Newswires
February 04, 2022 04:59 ET (09:59 GMT)
Ls 2x Facebook (LSE:FB2)
Historical Stock Chart
From Nov 2024 to Dec 2024
Ls 2x Facebook (LSE:FB2)
Historical Stock Chart
From Dec 2023 to Dec 2024