Net Asset Value(s) - Fund Holiday

FUND:

Expat Bulgaria SOFIX UCITS ETF

CODE:

BGX LN

ISIN:

BG9000011163

LEGAL ENTITY IDENTIFIER:

5493004U1VH746B4MK60

NAME OF CONTACT AND TELEPHONE NUMBER FOR QUERIES:

Dilyana Todorova +359 2 980 1881

SUBJECT:

Suspension of the redemption and issuance of shares of all funds managed by the company on 30th and 31st December 2019

Following the decision by the Board of Directors based on art. 22 of the Law on the Activities of Collective Investment Schemes and Other Collective Investment Undertakings (CISOUCIA) Expat Asset Management EAD temporarily suspends the issuance and redemption of shares of EXPAT BULGARIA SOFIX UCITS ETF, managed by the company on 30th and 31st December 2019.

The suspension is due to the fact that most of the regulated markets do not operate on this date, including the Bulgarian Stock Exchange and the Frankfurt Stock Exchange. The suspension is justified for the benefit of the shareholders in the sense of Art. 22, para. 1 CISOUCIA, insofar as this will not threaten the interests of the shareholders.

The redemption and the issuance of shares of the ETF managed by the company will be resumed in the sense of Art. 22, para. 2 CISOUCIA on the next business day - 2 January 2020. Orders accepted on 30th and 31st December 2019 will be processed at prices calculated on 2 January 2020.