Lyxor ETF S&P GSCI Indust. Metals£ Removal from trading and liquidation (0282A)

TIDMMELG

RNS Number : 0282A

Lyxor ETF S&P GSCI Indust. Metals£

02 June 2016

Object: Removal of 4 LYXOR ETFs (8 multicurrency lines) from trading at close of business on June 9(th) 2016 (Effective Date is June 10th)

The Board of Administration of the SICAV Multi Units Luxembourg has decided to proceed to the liquidation of the 4 following compartments (8 multi currency lines on the London Stock Exchange) of the MULTI UNIT LUXEMBOURG SICAV:

- Lyxor Broad Commodities Momentum TR UCITS ETF (SEDOL: B7KH0N2 GB/ TIDM: MOMG/ISIN: LU0721447752)

- Lyxor Broad Commodities Momentum TR UCITS ETF (SEDOL: B67GF63 GB / TIDM: MOMT/ISIN: LU0721447752)

- Lyxor Broad Commodities Optimix TR UCITS ETF (SEDOL: B753HS9 GB / TIDM:OPTG/ISIN: LU0721448131)

- Lyxor Broad Commodities Optimix TR UCITS ETF (SEDOL: B6ZJC18 GB / TIDM:OPTM/ISIN: LU0721448131)

- Lyxor S&P GSCI Aggregate 3 Month Forward UCITS ETF (SEDOL: B5M0F52 GB/ TIDM:GSAG/ISIN: LU0721447240)

- Lyxor S&P GSCI Aggregate 3 Month Forward UCITS ETF (SEDOL: B75JM04 GB / TIDM:GSAU/ISIN: LU0721447240)

   -      Lyxor S&P GSCI Industrial Metals 3 Month Forward UCITS ETF (SEDOL: B7879N7 GB / TIDM:MELG/ISIN:LU0692031080) 

- Lyxor S&P GSCI Industrial Metals 3 Month Forward UCITS ETF (SEDOL: B4YMBF1 GB / TIDM:METL/ISIN: LU0692031080)

Based on the advice of the Management Company of the Sub-Fund regarding the minimum level of assets necessary to carry out an efficient replication of the reference Index and in accordance with article 34 of the articles of incorporation, the Board has decided to liquidate the Sub-Fund.

The liquidation process will be carried out according to the article 34 of the Status for the 4 compartments of the SICAV Multi Units Luxembourg.

The liquidation of the above mentioned 4 Lyxor ETFs will intervene on June 15(th) 2016 and will be carried out on the basis of the Net Asset Value (NAV) of one unit of the ETF dated June 15(th) 2016, calculated on June 16(th) 2016. The payment to the investors will start from June 16(th) 2016.

Prior to the above mentioned liquidations, the 4 ETFs will be removed from trading on the London Stock Exchange and all the other markets on which they are quoting on the close of June 9(th) 2016 which will be the last trading day for these ETFs (8 multi currency lines).

Investors holding units in the funds will be able to sell on exchange until the end of the trading session on June 9(th) 2016. Units still held past that date will be automatically liquidated at the Net Asset Value of June 15(th) 2016.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 02, 2016 06:09 ET (10:09 GMT)