Last checked at 27 Apr 2023 07:00
26 April 2023
LEI: 635400MFOIY6BX1JUC92
Current ISIN: XS2193970543
New ISIN: XS2617255687
London Stock Exchange TDIM: 3LNF/3LNE/3LNP
GRANITESHARES FINANCIAL PLC (the "Issuer")
GRANITESHARES 3X LONG NETFLIX DAILY ETP SECURITIES (the "ETP Securities")
NOTICE OF CONDOLIDATION OF SECURITIES
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.
NOTICE is hereby given by the Issuer to the holders of the ETP Securities pursuant to Condition 20(b) (Notices) that, in accordance with Condition 19 (Consolidation and Division of ETP Securities), the Issuer is planning to consolidate all of the ETP Securities into ETP Securities with a proportionally larger Minimum Redemption Amount and Value per ETP Security. Such consolidation will be affected by way of Supplemental Trust Deed dated on or about 15 May 2023 between, inter alios, the Issuer and the Trustee.
ETP Securities | GraniteShares 3x Long Netflix Daily ETP |
Record Date | 12 May 2023 |
First trading date of the consolidated Securities | 15 May 2023 |
Details of consolidation | Each 1,000 ETP Securities held by a Securityholder will be consolidated into 1 ETP Securities. |
New ISIN | The consolidation will result in change of ISIN from XS2193970543 to XS2617255687 |
New SEDOLs | The consolidation will result in change of SEDOLs: USD trading line (3LNF): the SEDOL will change from BM97GC9 to BN0WP67 EUR trading line (3LNE): the SEDOL will change from BKVCSZ5 to BN0WP78 GBX trading line (3LNP): the SEDOL will change from BKVCTZ2 to BN0WP89 |
The Record Date is the last day of trading before the consolidation. Trading of the consolidated securities will commence on Monday 15 May 2023.
Pursuant to Condition 19 of the ETP Securities, whenever as a result of consolidation of ETP Securities, a Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security. Each fractional ETP Security shall become due and payable at the greater of the Value per ETP as determined on the Record Date and the Minimum Redemption Amount.
Capitalised terms not defined herein shall have the meaning given to them in the Issue Deed relating to the ETP Securities.
This Notice is given by the Issuer.
GRANITESHARES FINANCIAL PLC
By: ____/s/ Aileen Mannion________________
Name: Aileen Mannion
Title: Authorised Signatory
3rd Floor, Kilmore House
Park Lane, Spencer Dock
Dublin 1
Ireland