Last checked at 11 Aug 2023 09:36
Leverage Shares plc
11 August 2023
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF THE HOLDERS OF THE ETP SECURITIES. IF ANY ETP SECURITYHOLDER IS IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY
If you have recently sold or otherwise transferred your entire holding(s) of ETP Securities referred to below, you should immediately forward this document to the purchaser or transferee or to the stockbroker, bank or other agent through whom the sale or transfer was effected for transmission to the purchaser or transferee.
Notice to ETP Securityholders of the following Series of ETP Securities issued by Leverage Shares plc (the "Issuer"):
Leverage Shares 3x Long NIO ETP Securities (ISIN XS2399365472)
Leverage Shares 3x Palantir ETP Securities (ISIN XS2337085851)
Leverage Shares 3x Long ARK Innovation ETP Securities (ISIN XS2399368658)
Leverage Shares 3x PayPal ETP Securities (ISIN XS2297550217)
(the "Relevant Series")
Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Notices of Adjourned Meeting of ETP Securityholders of the Relevant Series dated 6 July 2023 and the Amended and Restated Master Definitions Schedule in relation to the Leverage Shares plc collateralised exchange traded securities programme dated 3 May 2023.
The Issuer hereby provides the following update in relation to the upcoming Consolidation of the ETPs of the Relevant Series.
The Consolidation will apply to ETP Securityholders of record as of the close of markets on 14 August 2023. The Consolidation will be effected by a Consolidation Supplemental Trust Deed. The first trading date of the Consolidated ETP Securities will be 15 August 2023. If, as a result of the Consolidation an ETP Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security on 14 August 2023.
Please note that 15 August 2023 is a public holiday in Italy and therefore the first trading date on Borsa Italiana of the Consolidated ETP Securities of the following Series will be 16 August 2023:
Leverage Shares 3x Long NIO ETP Securities
Leverage Shares 3x Palantir ETP Securities
Leverage Shares 3x PayPal ETP Securities
See the following table below for all relevant details in relation to the Consolidations:
Record Date | First trading date of consolidated ETP Securities
| Details of consolidation | |
Leverage Shares 3x Long NIO ETP Securities
| 14 August 2023 | 15 August 2023 | Each 5,357 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Securities |
Leverage Shares 3x Palantir ETP Securities
| 14 August 2023 | 15 August 2023 | Each 768 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Securities |
Leverage Shares 3x Long ARK Innovation ETP Securities
| 14 August 2023 | 15 August 2023 | Each 466 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Securities |
Leverage Shares 3x PayPal ETP Securities
| 14 August 2023 | 15 August 2023 | Each 3,619 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Securities |
The Consolidations will result in a change of ISIN, SEDOLs and WKN numbers for each of the Relevant Series as set out in the table below:
New ISINs effective 15 August 2023 | New SEDOLs effective 15 August 2023 | New WKN effective 15 August 2023 | |
Leverage Shares 3x Long NIO ETP Securities | XS2663694417
| NIO LN: BRJ50K4 3NIO LN: BRJ50S2 3NIE LN: BRJ50V5
| A3G7JD
|
Leverage Shares 3x Palantir ETP Securities | XS2663694680
| PLT3 LN: BRJ50L5 3PLT LN: BRJ50X7 3PRE LN: BRJ50Z9
| A3G7JE
|
Leverage Shares 3x Long ARK Innovation ETP Securities | XS2663694847
| ARK3 LN: BRJ50R1 3ARK LN: BRJ5190 3ARE LN: BRJ51B2
| A3G7JF |
Leverage Shares 3x PayPal ETP Securities | XS2663695067
| PYP3 LN: BRJ50M6 3PYP LN: BRJ51C3 3PYE LN: BRJ51D4
| A3G7JG
|
If you have any queries arising from this notice, please contact us at info@leverageshares.com.
Yours sincerely
The Directors
Leverage Shares plc