Leverage Shares plc
13 January 2025
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 -3x Short MicroStrategy (MSTR) ETP
(ISIN: XS2901884077))
(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 16 December 2025 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 13 January 2025 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 16 January 2025. The first trading date of the Consolidated ETP Securities will be 17 January 2025. 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 16 January 2025.
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 -3x Short MicroStrategy (MSTR) ETP | 16 January 2025 | 17 January 2025 | Each 327 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 15 and 16 January 2025 (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 17 January 2025 | New SEDOLs effective 17 January 2025 |
|
Leverage Shares -3x Short MicroStrategy (MSTR) ETP | XS2970736307 | MSTS LN - USD - BTXN4X9, SMST LN - GBp - BTXN4Y0, SMST IM - EUR - BTXN503, MSTS GY - EUR - BTXN4Z1 |
If you have any queries arising from this notice, please contact us at info@leverageshares.com.
Yours sincerely
The Directors
Leverage Shares plc
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