ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SQ3 3x Square

21.9505
-0.4625 (-2.06%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
3x Square LSE:SQ3 London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.4625 -2.06% 21.9505 21.833 22.068 23.9865 21.389 23.081 111 16:29:59

Leverage Shares PLC Intraday Rebalance Notices 3x Square (0602U)

23/03/2023 2:50pm

UK Regulatory


3x Square (LSE:SQ3)
Historical Stock Chart


From Jun 2022 to Jun 2024

Click Here for more 3x Square Charts.

TIDMSQ3 TIDM3SQ TIDM3SQE

RNS Number : 0602U

Leverage Shares PLC

23 March 2023

Leverage Shares plc

23.03.2023

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 OF INTRADAY REBALANCE

Leverage Shares plc (the ("Issuer") hereby gives notice that at 09:30:00 EST on 23.03.2023 (the "Trigger Time"), the price of Square, Inc. (SQ) (the "Reference Asset") for the Leverage Shares 3x Square ETP Securities (ISIN: XS2297552262) (the "ETP Securities") reached a trading price of $60 on exchange (the "Trigger Value"), representing a drop of -17.41% from its previous closing price of $72.65, thereby crossing the -16.67% set in the index methodology for the iSTOXX Leveraged 3x SQ Index (the "Index").

This event triggered an intraday rebalance of the Index, which in turn triggered an intraday rebalance of the ETP Securities as provided in the Prospectus for the ETP Securities: https://leverageshares.com/documents/prospectus/Leverage-Shares-Base-Prospectus-16-May-2022.pdf?x93486 (the "Prospectus").

Starting 5 minutes after the Trigger Time, the Issuer carried out an intraday rebalance over the 10-minute period following the Trigger Time using the Trigger Value as the reference (the "Intraday Rebalance"), achieving an average price of $58.26950 and setting an ETP Security Value of $0.00202 (the "Rebalanced ETP Security Value").

Terms used but not defined in this notice shall bear the meanings assigned to them in the Prospectus.

If you have any queries arising from this notice, please contact us at info@leverageshares.com .

Yours sincerely

The Directors

Leverage Shares plc

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCZXLFLXXLZBBV

(END) Dow Jones Newswires

March 23, 2023 10:50 ET (14:50 GMT)

1 Year 3x Square Chart

1 Year 3x Square Chart

1 Month 3x Square Chart

1 Month 3x Square Chart

Your Recent History

Delayed Upgrade Clock