Last checked at 10 Dec 2018 10:12
ETFS Commodity Securities Limited
LEI: 21380068Q1JSIAN4FO63
10 December 2018
ETFS Commodity Securities Limited
Programme for the issue of ETFS Classic Commodity Securities and ETFS Longer Dated Commodity Securities
ETFS Commodity Securities Limited (the "Issuer") makes the following announcement in relation to its ETFS Classic Commodity Securities and its ETFS Longer Dated Commodity Securities (together the "Commodity Securities").
The annual Required Rebalancing of the Index Securities will commence on Monday 7 January 2018.
Following the announcement made by Bloomberg on 31 October 2018 in relation to the Bloomberg Commodity IndexSM 2019 target weights and composition, the Issuer announces pursuant to Condition 14.5 of the Conditions that:
(a) in respect of those categories of Classic Index Securities that currently comprise (inter alia) Heating Oil Micro Securities, the classes of Micro Securities to be comprised in such categories will be changed following such Required Rebalancing to include (in addition) Gas Oil Micro Securities; and
(b) in respect of those categories of Longer Dated Index Securities that currently comprise (inter alia) Heating Oil Micro Longer Dated Securities, the classes of Micro Longer Dated Securities to be comprised in such categories will be changed following such Required Rebalancing to include (in addition) Gas Oil Micro Longer Dated Securities.
Terms used in this announcement bear the meanings given in the Conditions of the Commodity Securities set out at Part 7 of the prospectus of the Issuer dated 26 September 2018.
Further announcements in relation to the Required Rebalancing will be made by the Issuer in due course.
For further information please contact:
Ciaran Hocking
R&H Fund Services (Jersey) Limited
Tel: +44 (0) 1534 825200
Fax: +44 (0) 1534 825335
E-mail address: etfsjersey@rhfsl.com