Source - LSE Regulatory
RNS Number : 7656C
Leverage Shares PLC
28 March 2025
 

Leverage Shares plc

 

28 March 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 Alibaba (BABA) ETP Securities (ISIN: XS2472334585) (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 13 March 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 28 March 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 4 April 2025. The first trading date of the Consolidated ETP Securities will be 7 April 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 4 April 2025.

 

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

 

The Consolidation will also result in a change of ISIN and SEDOLS for the Relevant Series. Details of the Consolidation and the new ISIN and SEDOLS are set out in the tables below.


DETAILS OF THE CONSOLIDATION

 


Last trading date of the old ISIN

First trading date of consolidated ETP Securities with the new ISIN

 

Details of consolidation

Leverage Shares -3x Short Alibaba (BABA) ETP Securities

 

4 April 2025

 

7 April 2025

Each 329 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security

 

 

NEW ISIN AND SEDOLS

 


New ISINs effective 7 April 2025

New SEDOLs effective 7 April 2025

 

 

 

Leverage Shares -3x Short Alibaba (BABA) ETP Securities

 

 

 

XS3037640110

BA3S LN - USD - BTWR863, SBA3 LN - GBp - BTWR874, 3SBE LN - EUR - BTWR885, SBA3 IM - EUR - BTWR8B8, SBA3 GY - EUR - BTWR896


In order to facilitate the Consolidation with respect to the Relevant Series, the Issuer will suspend (i) Subscription Orders on 3 April and 4 April 2025 and (ii) Redemption Orders on 2 April, 3 April and 4 April 2025 (together, 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.

 

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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