Leverage Shares PLC -3 Taiwan and -1 NVIDIA - Consolidation Notice

RNS Number : 8089O

Leverage Shares PLC

04 December 2024

 

Leverage Shares plc

 

4 December 2024

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 -1x NVIDIA ETP Securities (ISIN: IE00BKTW5674)

Leverage Shares -3x Short Taiwan Semiconductor (TSM) ETP Securities  (ISIN: XS2399365399)

(the "Relevant Series")

 

Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Notice of Adjourned Meeting of ETP Securityholders of the Relevant Series dated 14 November 2024 and the Amended and Restated Master Definitions Schedule in relation to the Leverage Shares plc collateralised exchange traded securities programme dated 17 July 2024.

On 3 December 2024 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 12 December 2024. The first trading date of the Consolidated ETP Securities will be 13 December 2024. If, as a result of the Consolidation an ETP Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security on 12 December 2024.

The Consolidation will be effected by a Consolidation Supplemental Trust Deed.

Details of the Consolidation are set out in the table below:

	Record Date	First trading date of consolidated ETP Securities	Details of consolidation
Leverage Shares -1x NVIDIA ETP Securities	12 December 2024	13 December 2024	Each 75 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security
Leverage Shares -3x Short Taiwan Semiconductor (TSM) ETP Securities	12 December 2024	13 December 2024	Each 343 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security

In order to facilitate the Consolidation, the Issuer will suspend Subscription Orders and Redemption Orders with respect to the Relevant Series on 11 and 12 December 2024 (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 the Relevant Series, as outlined in the table below:

	New ISINs effective 13 December 2024	New SEDOLs effective 13 December 2024
Leverage Shares -1x NVIDIA ETP Securities	XS2944886188	NVDS LN - USD - BR54D40, SNVD LN - GBp - BR54D51, SNVE LN - EUR - BR54FY4, 1NDA GY - EUR - BR54FZ5, SNVD NA - EUR - BR54G07
Leverage Shares -3x Short Taiwan Semiconductor (TSM) ETP Securities	XS2944880066	TSMS LN - USD - BNXMXH1, STSM LN - GBp - BNXMXJ3, STS3 LN - EUR - BNXMXK4, 3TSC GY - EUR - BNXMXL5, STSM NA - EUR - BNXMXM6

 

If you have any queries arising from this notice, please contact us at [e-mail].

 

Yours sincerely

The Directors
Leverage Shares plc

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