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Consolidation of Short and Leveraged Commodities

16th May 2016 08:29

RNS Number : 3154Y
ETFS Commodity Secs Ltd
16 May 2016
 

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]

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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