Leverage Shares PLC Leverage Shares -3x NVIDIA Consolidation Detail
November 25 2024 - 1:15PM
RNS Regulatory News
RNS Number : 5830N
Leverage Shares PLC
25 November 2024
Leverage Shares
plc
25
November 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 Short
NVIDIA (NVDA) ETP Securities (ISIN: XS2706225427)
(the "Relevant
Series")
Capitalised terms used, but not
defined, in this notice shall have the meaning given thereto in the
Notice of Adjourned Meeting of ETP Securityholders of the Relevant
Series dated 5 November 2024 and the Amended and Restated Master
Definitions Schedule in relation to the Leverage Shares plc
collateralised exchange traded securities programme dated 17 July
2024.
On 21 November 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 2 December
2024. The first trading date of the Consolidated ETP Securities
will be 3 December 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 2
December 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 Short
NVIDIA (NVDA) ETP Securities
|
2 December 2024
|
3 December 2024
|
Each 246 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 29
November and 2 December 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 and SEDOLS for the Relevant Series, as outlined in
the table below:
|
New
ISINs effective 3 December 2024
|
New
SEDOLs effective 3 December 2024
|
Leverage Shares -3x Short NVIDIA
(NVDA) ETP Securities
|
XS2944874416
|
NV3S LN - USD - BR54D62, SNV3 LN - GBp
- BR54D73, SNDE LN - EUR - BR54G18, NVIS GY - EUR - BR54G29, SNV3
IM - EUR - BR54G30
|
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
MSCBIBDBSBDDGSU
-3x Nvidia (LSE:SNV3)
Historical Stock Chart
From Nov 2024 to Dec 2024
-3x Nvidia (LSE:SNV3)
Historical Stock Chart
From Dec 2023 to Dec 2024