WisdomTree Multi Asset Issuer PLC Proposed Amendment To The Principal Amount Of The Affected Securities Adjournment Of Meetin...

 
TIDM3LOI 
 
 
   21 May 2021 
 
   LEI: 2138003QW2ZAYZODBU23 
 
   LSE Code: 1PAS 
 
   WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY 
 
   (a public company incorporated with limited liability in Ireland) 
 
   WISDOMTREE PALLADIUM 1X DAILY SHORT SECURITIES 
 
   ISIN: IE00B94QLR02 
 
   PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED SECURITIES 
 
   ADJOURNMENT OF MEETING OF THE ETP SECURITYHOLDERS 
 
   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. 
 
   If you have sold or transferred all of your WisdomTree Palladium 1x 
Daily Short Securities (the "Affected Securities") of WisdomTree Multi 
Asset Issuer Public Limited Company (the "Issuer"), please send this 
document, together with the accompanying form of proxy, at once to the 
purchaser or transferee or stockbroker, banker or other agent through 
whom the sale or transfer was made, for onward transmission to the 
purchaser or transferee. 
 
   The Issuer wishes to announce that the Meeting of the holders of the 
Affected Securities scheduled for Friday 21 May 2021, at 11:00 a.m. (the 
"Original Meeting") has been adjourned, in accordance with paragraph 20 
of Schedule 7 of the Trust Deed, for lack of a quorum. The adjourned 
meeting will be reconvened on 11:00 a.m. on Monday 14 June 2021, being a 
date not more than 30 days after the Original Meeting, and will be held 
by way of virtual meeting (the "Adjourned Meeting"). 
 
   The Adjourned Meeting is being held to consider certain amendments to 
documentation, made under the powers set out in clause 2 of schedule 7 
of the master trust deed of the Affected Securities, required to effect 
a reduction in the principal amount of the Affected Securities from USD 
2 to USD 0.2. This follows the price of the Affected Securities falling 
below 500 per cent. of its current principal amount on Wednesday 21 
April 2021, and is designed to maintain the normal trading and 
operations of the Affected Securities. Full details of the Proposal and 
Extraordinary Resolution are set out in the notice dated 28 April 2021. 
 
   Under article 11.5 of the Issuer's Articles of Association, no further 
notification is required for the Adjourned Meeting. Holders of the 
Affected Securities are therefore directed to the original notification, 
including the circular dated 28 April 2021 , and also a revised form of 
proxy for the Adjourned Meeting, which are available on the website of 
the Issuer at 
https://www.wisdomtree.eu/en-gb/resource-library/prospectus-and-regulatory-reports#tab-2A942D42-5AA1-4008-9080-3C2DADB050A7. 
 
 
   Holders of the Affected Securities should note that a duly completed 
voting instructions already made in respect of the Original Meeting will 
NOT continue to be valid for the Adjourned Meeting. Holders of the 
Affected Securities should therefore not rely on any voting instructions 
already made in respect of the Original Meeting and should therefore 
make arrangements to vote again on the matters being considered, in 
order to participate in the Adjourned Meeting. 
 
   Holders of the Affected Securities are advised to check with any bank, 
securities broker or other intermediary through which they hold their 
Affected Securities when such intermediary would need to receive 
instructions from a holder of Affected Securities in order for such 
holder of Affected Securities to participate in the Adjourned Meeting by 
the deadlines specified in this circular. The deadlines set by any such 
intermediary and each ICSD for the submission instructions will be 
earlier than the relevant deadlines specified in the circular. 
 
   In relation to the delivery instructions or obtaining voting 
certificates or otherwise making arrangements for the giving of voting 
instructions, in each case through the ICSDs, holders of the Affected 
Securities should note the particular practice and policy of the 
relevant ICSDs, including any earlier deadlines set by such ICSD. The 
deadlines set by any intermediary or by the ICSDs will be earlier than 
the deadlines set out in the circular. 
 
   In accordance with normal practice, The Law Debenture Trust Corporation 
p.l.c., as trustee, expresses no opinion as to the merits of the 
Proposal, the terms of which were not negotiated by it. It has however 
authorised it to be stated that, on the basis of the information 
contained in the original circular and in this document (which it 
advises holders of Affected Securities to read carefully) it has no 
objection to the form in which the Proposal and Notice of Meeting are 
presented to holders of Affected Securities for their consideration. 
 
   Holders of the Affected Securities will be notified of the outcome of 
the Adjourned Meeting shortly thereafter. 
 
 
 
 

(END) Dow Jones Newswires

May 21, 2021 06:14 ET (10:14 GMT)

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