Leverage Shares plc
23 October 2023
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 -2X Short Tesla ETP Securities (ISIN: XS2297550134)
Leverage Shares -3X Short Tesla ETP Securities (ISIN: XS2337090265)
Leverage Shares -3x Short NIO ETP Securities (ISIN: XS2399365555)
Leverage Shares -3x Short Xpeng ETP Securities (ISIN: XS2472332886)
Leverage Shares -3x Short Nvidia (NVDA) ETP Securities (ISIN: XS2472335129)
(the "Relevant Series")
Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Notices of Adjourned Meeting of ETP Securityholders of the Relevant Series dated 21 September 2023 and the Amended and Restated Master Definitions Schedule in relation to the Leverage Shares plc collateralised exchange traded securities programme dated 18 October 2023.
The Issuer hereby provides the following update in relation to the upcoming Consolidation of the ETPs of the Relevant Series.
The Consolidation will apply to ETP Securityholders of record as of the close of markets on 2 November 2023. The Consolidation will be effected by a Consolidation Supplemental Trust Deed. The first trading date of the Consolidated ETP Securities will be 3 November 2023. 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 2 November 2023.
See the following table below for all relevant details in relation to the Consolidations:
| | Record Date | First trading date of consolidated ETP Securities
| Details of consolidation |
| Leverage Shares -2X Short Tesla ETP Securities
| 2 November 2023 | 3 November 2023 | Each 74 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
| Leverage Shares -3X Short Tesla ETP Securities | 2 November 2023 | 3 November 2023 | Each 1014 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
| Leverage Shares -3x Short NIO ETP Securities
| 2 November 2023 | 3 November 2023 | Each 249 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
| Leverage Shares -3x Short Xpeng ETP Securities
| 2 November 2023 | 3 November 2023 | Each 1456 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
| Leverage Shares -3x Short Nvidia ETP secutities
| 2 November 2023 | 3 November 2023 | Each 457 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
The Consolidations will result in a change of ISIN, SEDOLs and WKN numbers for each of the Relevant Series as set out in the table below:
| | New ISINs effective 3 November 2023 | New SEDOLs effective 3 November 2023 | New WKN effective 3 November 2023
|
| Leverage Shares -2X Short Tesla ETP Securities
| XS2706221277
| TS2S LN: BRBTTS5 TS2S LN: BRBTTK7 2STS LN: BRBTTR4 | A3G804 |
| Leverage Shares -3X Short Tesla ETP Securities | XS2706232803 | TS3S LN: BRBTTP2 TSLQ LN: BRBTV01 3STL LN: BRBTV12
| A3G805 |
| Leverage Shares -3x Short NIO ETP Securities
| XS2706223133 | SNIO LN: BRBTTL8 NIOS LN: BRBTTT6 SNIE LN: BRBTTV8
| A3G806 |
| Leverage Shares -3x Short Xpeng ETP Securities | XS2706224883 | XP3S LN: BRBTTM9 SXPE LN: BRBTTW9 SXEE LN: BRBTTX0
| A3G807 |
| Leverage Shares -3x Short Nvidia ETP secutities
| XS2706225427
| NV3S LN: BRBTTN0 SNV3 LN: BRBTTY1 SNDE LN: BRBTTZ2 | A3G808 |
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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