Last checked at 24 Aug 2023 15:49
24 August 2023
LEI: 635400MFOIY6BX1JUC92
Current ISIN: XS2193971517
New ISIN: XS2671672819
London Stock Exchange TDIM: 3SFB/3SFP/3SFE
GRANITESHARES FINANCIAL PLC (the "Issuer")
GRANITESHARES 3X SHORT FACEBOOK 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 12 September 2023 between, inter alios, the Issuer and the Trustee.
ETP Securities | GraniteShares 3x Short Facebook Daily ETP |
Record Date | 08 September 2023 |
First trading date of the consolidated Securities | 11 September 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 XS2193971517 to XS2671672819 |
New SEDOLs | The consolidation will result in change of SEDOLs: USD trading line (3SFB): the SEDOL will change from BM97GG3 to BQ2KSG1 GBX trading line (3SFP): the SEDOL will change from BKVCV23 to BQ2L1Y3 EUR trading line (3SFE): the SEDOL will change from BKVCT29 to BQ2L1Z4 |
The Record Date is the last day of trading before the consolidation. Trading of the consolidated securities of each class will commence on Monday 11 September 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/ Raja Gul____________
Name: Raja Gul
Title: Director
3rd Floor, Kilmore House
Park Lane, Spencer Dock
Dublin 1
Ireland