Leverage Shares PLC Consolidation notice 26.01.2024
26 Januar 2024 - 4:00PM
RNS Regulatory News
RNS Number : 1086B
Leverage Shares PLC
26 January 2024
Leverage Shares
plc
26 January
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 Baidu ETP
Securities
|
(ISIN:
XS2337092808)
|
Leverage Shares -3x Short
Coinbase (COIN) ETP Securities
|
(ISIN:
XS2595672465)
|
Leverage Shares 3x Tesla ETP
Securities
|
(ISIN:
XS2297549128)
|
(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 9 January 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 25 January 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 15 February
2024. The first trading date of the Consolidated ETP Securities
will be 16 February 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 15
February 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 Baidu ETP
Securities
|
15 February 2024
|
16 February 2024
|
Each 310 ETP Securities held by an
ETP Securityholder will be consolidated into one ETP
Security
|
Leverage Shares -3x Short
Coinbase (COIN) ETP Securities
|
15 February 2024
|
16 February 2024
|
Each 75 ETP Securities held by an
ETP Securityholder will be consolidated into one ETP
Security
|
Leverage Shares 3x Tesla ETP
Securities
|
15 February 2024
|
16 February 2024
|
Each 209 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 14 and 15
February 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 16 February
2024
|
New
SEDOLs effective 16 February
2024
|
New
WKN effective 16 February
2024
|
Leverage Shares 3x Baidu ETP
Securities
|
XS2757381749
|
BID3 LN: USD - BN6V245, 3BID LN: GBp
- BN6V256, 3BIE GY: EUR - BN6V290, 3BID IM: EUR -
BN6V278
|
A4AEJA
|
Leverage Shares -3x Short
Coinbase (COIN) ETP Securities
|
XS2757381665
|
CO3S LN: USD - BN6V115 S3CO LN: GBp -
BN6V137 S3CO IM: EUR - BN6V160
|
Not applicable
|
Leverage Shares 3x Tesla ETP
Securities
|
XS2757381400
|
3TSL IM: EUR - BN6V104 3TSL NA: EUR
- BN6V0Y1 3TSE GY: EUR - BN6V0Z2 3TSL LN: GBp - BN6V0W9, 3TSE LN:
EUR - BN6V0X0, TSL3 LN: USD - BN6V0V8
|
A4AEJB
|
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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