Vaneck Glb Moat Regulatory News (GOAT)

VanEck Vectors UCITS ETF - Conversion to the ICSD Settlement Model

PR Newswire

London, September 3

VanEck Vectors UCITS ETFs plc(the "Company")

Scheme of Arrangement

Capitalised terms used but not defined herein shall have the same meaning as in the Circular dated 10 June 2020.

Following the passing of the relevant resolutions at the Scheme Meeting and EGM of the Company held on 10 July 2020, the Company applied to the High Court of Ireland for an order approving the proposed scheme of arrangement between the Company and the Scheme Shareholders. 

NOTICE is hereby given that consequent upon the said application by the Company, the High Court of Ireland made an order sanctioning the Scheme at a hearing on Tuesday, 1 September 2020.

The High Court determined that the Effective Date of the Scheme will be 9 October 2020. Accordingly, Shareholders are advised that the conversion to the ICSD Settlement Model will proceed at 23:59 on 9 October 2020. With effect from the Effective Date, the shares of all the sub-funds of the Company (as listed below) will settle using an ICSD settlement model. 

Shareholders who have any queries or to whom any of the above is not clear should seek advice from their stockbroker, bank manager, legal advisor, accountant or other independent financial advisor.