16th May 2016 08:29
ETFS Commodity Securities Limited
16 May 2016
ETFS Commodity Securities Limited
Programme for the issuance of Short and Leveraged Commodity Securities
Consolidations of the Short and Leveraged Commodity Securities of the following classes
ETFS 2x Daily Long Brent Crude Securities
ETFS 2x Daily Long Natural Gas Securities
ETFS 2x Daily Long Nickel Securities
ETFS 2x Daily Long Petroleum Securities
ETFS 2x Daily Long Wheat Securities
ETFS 2x Daily Long WTI Crude Oil Securities
Further to the announcements made by ETFS Commodity Securities Limited (the "Issuer") on 13 April 2016 and 29 April 2016 relating to its determination to effect consolidations (the "Consolidations") of the ETFS 2x Daily Long Brent Crude Securities, the ETFS 2x Daily Long Natural Gas Securities, the ETFS 2x Daily Long Nickel Securities, the ETFS 2x Daily Long Petroleum Securities, the ETFS 2x Daily Long Wheat Securities and the ETFS 2x Daily Long WTI Crude Oil Securities, the Issuer hereby announces that the Consolidations have taken effect at the close of business on 13 May 2016.
The consolidated Price at close of business on 13 May 2016 and the ISIN and exchange code for each class are as follows:
Class | LSE exchange code (no change) | Previous ISIN | New ISIN | Price at 13 May 2016 |
ETFS 2x Daily Long Brent Crude Securities | LBRT | JE00B789ZG89 | JE00BDD9QD91 | 47.6510818 |
ETFS 2x Daily Long Natural Gas Securities | LNGA | JE00B2NFTQ41 | JE00BDD9Q956 | 49.2821945 |
ETFS 2x Daily Long Nickel Securities | LNIK | JE00B2NFTR57 | JE00BDD9QB77 | 42.8350715 |
ETFS 2x Daily Long Petroleum Securities | LPET | JE00B2NFT971 | JE00BDD9Q733 | 49.1492956 |
ETFS 2x Daily Long Wheat Securities | LWEA | JE00B2NFTX18 | JE00BDD9QC84 | 47.4695984 |
ETFS 2x Daily Long WTI Crude Oil Securities | LOIL | JE00B2NFTJ73 | JE00BDD9Q840 | 49.8040809 |
Payments in respect of redemptions of any fractions arising out of the Consolidations will be made on or around Tuesday 17 May 2016.
Terms used in this announcement and not otherwise defined bear the same meanings as where used in the announcements dated 13 April 2016 and 29 April 2016 or, if not defined therein, in prospectus of the Issuer relating inter alia to the Affected Securities dated 19 October 2015.
For further information, please contact
Richard Parker
R&H Fund Services (Jersey) Limited
Tel: +44 (0) 1534 825200
Fax: +44 (0) 1534 825335
E-mail address: [email protected]
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