Last checked at 2 Aug 2023 15:54
Leverage Shares plc
2 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.
On 21 July 2023 the Issuer announced that the ETP Securityholders of the Relevant Series approved the Consolidation of the ETP Securities of the Relevant Series.
The Consolidation will apply to ETP Securityholders of record as of the close of markets on 14 August 2023. The ETP Securities of each Relevant Series will trade at their post-Consolidation ETP Security Value on 15 August 2023.
In order to facilitate the Consolidation, the Issuer will suspend Subscription Orders and Redemption Orders with respect to the Relevant Series on August 11 2023 and August 14 2023 (the "Order Suspension Period"). The ETPs of the Relevant Series will continue to trade on the exchanges on which they are listed during the Order Suspension Period.
The Consolidation will result in a change of ISIN and SEDOLs for each of the Relevant Series. Further information in relation to the Consolidation and the details of the new ISIN and SEDOLs for each Relevant Series will be notified to ETP Securityholders in due course.
If you have any queries arising from this notice, please contact us at info@leverageshares.com.
Yours sincerely
The Directors
Leverage Shares plc