Leverage Shares PLC Consolidation Notice 12.4.2024
April 12 2024 - 12:14PM
RNS Regulatory News
RNS Number : 5116K
Leverage Shares PLC
12 April 2024
Leverage Shares
plc
12 April
2024
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 to ETP Securityholders
of the following Series of ETP Securities issued by Leverage Shares
plc (the "Issuer"):
Leverage Shares 3x Long China Tech ETP
Securities
|
(ISIN: XS2399370043)
|
Leverage Shares -3x Short Facebook (META) ETP
Securities
|
(ISIN: XS2472334403)
|
(the "Relevant
Series")
Capitalised terms used, but not
defined, in this notice shall have the meaning given thereto in the
Notices of Adjourned Meeting of ETP Securityholders of the Relevant
Series dated 26 March 2024 and the Amended and Restated Master
Definitions Schedule in relation to the Leverage Shares plc
collateralised exchange traded securities programme dated 18
October 2023.
On 11 April 2024 the Issuer
announced that the ETP Securityholders of the Relevant Series
approved the Consolidation of the ETP Securities of the Relevant
Series.
The Consolidation will apply to ETP
Securityholders of record as of the close of markets on 25 April
2024. The first trading date of the Consolidated ETP Securities
will be 26 April 2024. If, as a result of the Consolidation an ETP
Securityholder would become entitled to a fraction of an ETP
Security, the Issuer will redeem such fractional ETP Security on 25
April 2024.
The Consolidation will be effected
by a Consolidation Supplemental Trust Deed.
Details of the Consolidation are set
out in the table below:
|
Record Date
|
First trading date of consolidated ETP
Securities
|
Details of consolidation
|
Leverage Shares 3x Long China
Tech ETP Securities
|
25 April 2024
|
26 April 2024
|
Each 143 ETP Securities held by an
ETP Securityholder will be consolidated into one ETP
Security
|
Leverage Shares -3x Short
Facebook (META) ETP Securities
|
25 April 2024
|
26 April 2024
|
Each 468 ETP Securities held by an
ETP Securityholder will be consolidated into one ETP
Security
|
In order to facilitate the
Consolidation, the Issuer will suspend Subscription Orders and
Redemption Orders with respect to the Relevant Series on 24 and 25
April 2024 (the "Order Suspension
Period"). The ETPs of the Relevant Series will
continue to trade on the exchanges on which they are listed during
the Order Suspension Period.
The Consolidation will result in a
change of ISIN, SEDOLS and WKN numbers for each of the Relevant
Series, where applicable, as outlined in the table
below:
|
New
ISINs effective 26 April 2024
|
New
SEDOLs effective 26 April 2024
|
New
WKN effective 26 April 2024
|
Leverage Shares 3x Long China Tech
ETP Securities
|
XS2800709128
|
3KWB LN: EUR - BQZCHS9
KWE3 LN: USD - BQZCHW3
3KWB GY: EUR - BQZCHZ6
3KWE LN: GBp - BQZCHY5
3KWE NA: EUR - BQZCJ05
|
A4AFZU
|
Leverage Shares -3x Short Facebook
META ETP Securities
|
XS2800709557
|
FBE LN: EUR - BQZCJ16
SFB3 LN: GBp - BQZCJ27 FB3S LN: USD - BQZCJ38 FB3S GY: EUR -
BQZCJ49
|
A4AFZT
|
If you have any queries arising from
this notice, please contact us at info@leverageshares.com.
Yours sincerely
The Directors
Leverage Shares plc
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