15 Jun 2017 10:02
Dear all,
In order to reduce costs and improve fungibility, Lyxor has decided to merge the C-USD unit class (the" Absorbed Class") into the C-EUR unit class (the "Absorbing Class") of the following ETF at close of business on 19th June ( 1 original line and 1 multi currency line).
The two classes will be merged at an exchange ratio of 1 C-USD unit for 1 C-EUR unit. The merging of these two unit classes will involve the reallocation of the Absorbed Class assets to the Absorbing Class. When these units have been merged, the Absorbing Class will be listed on the same exchanges as the Absorbed Class on 20th June 2017 and will keep the same TIDM.
Absorbed Unit Class (Until 19th June 2017) | Absorbing Unit Class (From 20th June 2017) | ||||||
ETF Name | TIDM | Trading currency | Sedol | Share-Class currency | ISIN | Share-Class currency | ISIN |
LYXOR MSCI EM LATIN AMERICA UCITS ETF | LTML | GBX | B6QXXY9 | USD | FR0010413310 | EUR | FR0010410266 |
LTMU | USD | B892YW2 | |||||
Prior to the above mentioned merger:
- the aforementioned Absorbed Classe (USD unit classe) will be removed from trading on the London Stock Exchange and all other markets on which they are quoting on the close of 19th June 2017 which will be the last trading day for these lines (1 original line and 1 multi currency line).
- The Absorbing Classe (EUR unit classe) will be listed on the London Stock exchange on the open of business of 20th June 2017 and will keep the same TIDM than the former ISIN.