Leverage Shares plc
26 January 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 3x Baidu ETP Securities | (ISIN: XS2337092808) |
| Leverage Shares -3x Short Coinbase (COIN) ETP Securities | (ISIN: XS2595672465) |
| Leverage Shares 3x Tesla ETP Securities | (ISIN: XS2297549128) |
(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 9 January 2024 and the Amended and Restated Master Definitions Schedule in relation to the Leverage Shares plc collateralised exchange traded securities programme dated 18 October 2023.
On 25 January 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 15 February 2024. The first trading date of the Consolidated ETP Securities will be 16 February 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 15 February 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 3x Baidu ETP Securities
| 15 February 2024 | 16 February 2024 | Each 310 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
| Leverage Shares -3x Short Coinbase (COIN) ETP Securities
| 15 February 2024 | 16 February 2024 | Each 75 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security |
| Leverage Shares 3x Tesla ETP Securities
| 15 February 2024 | 16 February 2024 | Each 209 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 14 and 15 February 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, SEDOLS and WKN numbers for each of the Relevant Series, where applicable, as outlined in the table below:
| | New ISINs effective 16 February 2024 | New SEDOLs effective 16 February 2024 | New WKN effective 16 February 2024
|
| Leverage Shares 3x Baidu ETP Securities | XS2757381749 | BID3 LN: USD - BN6V245, 3BID LN: GBp - BN6V256, 3BIE GY: EUR - BN6V290, 3BID IM: EUR - BN6V278
| A4AEJA |
| Leverage Shares -3x Short Coinbase (COIN) ETP Securities | XS2757381665 | CO3S LN: USD - BN6V115 S3CO LN: GBp - BN6V137 S3CO IM: EUR - BN6V160
| Not applicable |
| Leverage Shares 3x Tesla ETP Securities | XS2757381400 | 3TSL IM: EUR - BN6V104 3TSL NA: EUR - BN6V0Y1 3TSE GY: EUR - BN6V0Z2 3TSL LN: GBp - BN6V0W9, 3TSE LN: EUR - BN6V0X0, TSL3 LN: USD - BN6V0V8
| A4AEJB |
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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