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Last checked at 
3 Jun 2024 07:00
31 May 2024
LEI: 635400MFOIY6BX1JUC92
Current ISIN: XS2633105197
New ISIN: XS2836637525
London Stock Exchange TDIM: 3SMI/SMI3
GRANITESHARES FINANCIAL PLC (the "Issuer")
GRANITESHARES 3X SHORT MICROSTRATEGY DAILY ETP SECURITIES (the "ETP Securities")
NOTICE OF CONSOLIDATION OF SECURITIES
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about what action you should take, you are recommended to consult your independent financial adviser.
NOTICE is hereby given by the Issuer to the holders of the ETP Securities pursuant to Condition 20(b) (Notices) that, in accordance with Condition 19 (Consolidation and Division of ETP Securities), the Issuer is planning to consolidate all of the ETP Securities into ETP Securities with a proportionally larger Minimum Consolidation Amount and Value per ETP Security. Such consolidation will be affected by way of Supplemental Trust Deed dated on or about 18 June 2024 between, inter alios, the Issuer and the Trustee.
ETP Securities | GraniteShares 3x Short MicroStrategy Daily ETP Securities |
Record Date | 14 June 2024 |
First trading date of the consolidated Securities | 17 June 2024 |
Details of the consolidation | Each 35,000 ETP Securities held by a Securityholder will be consolidated into 1 ETP Securities. |
New ISIN | The consolidation will result in change of ISIN from XS2633105197 to XS2836637525 |
New SEDOLs | The consolidation will result in change of SEDOLs: USD trading line (3SMI): the SEDOL will change from BRJVFR4 to BQGD0R1 GBX trading line (SMI3): the SEDOL will change from BRJVFV8 to BQGD0S2 |
The Record Date is the last day of trading before the consolidation. Trading of the consolidated securities of each class will commence on Monday 17 June 2024.
Pursuant to Condition 19 of the ETP Securities, whenever as a result of consolidation of ETP Securities, a Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security. Each fractional ETP Security shall become due and payable at the greater of the Value per ETP as determined on the Record Date and the Minimum Redemption Amount.
Capitalised terms not defined herein shall have the meaning given to them in the Issue Deed relating to the ETP Securities.
This Notice is given by the Issuer.
GRANITESHARES FINANCIAL PLC
By: ___/s/ Raja Gul________________
Name: _Raja Gul__________________
Title: Director
Ground Floor, Two Dockland Central
Guild Street
North Dock
Dublin 1
Ireland
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