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CSL C&LD Rebalancing - Addtion of Gas Oil

10th Dec 2018 10:12

RNS Number : 9538J
ETFS Commodity Secs Ltd
10 December 2018
 

ETFS Commodity Securities Limited

LEI: 21380068Q1JSIAN4FO63

 

10 December 2018

 

ETFS Commodity Securities Limited

Programme for the issue of ETFS Classic Commodity Securities and ETFS Longer Dated Commodity Securities

 

ETFS Commodity Securities Limited (the "Issuer") makes the following announcement in relation to its ETFS Classic Commodity Securities and its ETFS Longer Dated Commodity Securities (together the "Commodity Securities").

The annual Required Rebalancing of the Index Securities will commence on Monday 7 January 2018.

Following the announcement made by Bloomberg on 31 October 2018 in relation to the Bloomberg Commodity IndexSM 2019 target weights and composition, the Issuer announces pursuant to Condition 14.5 of the Conditions that:

(a) in respect of those categories of Classic Index Securities that currently comprise (inter alia) Heating Oil Micro Securities, the classes of Micro Securities to be comprised in such categories will be changed following such Required Rebalancing to include (in addition) Gas Oil Micro Securities; and

(b) in respect of those categories of Longer Dated Index Securities that currently comprise (inter alia) Heating Oil Micro Longer Dated Securities, the classes of Micro Longer Dated Securities to be comprised in such categories will be changed following such Required Rebalancing to include (in addition) Gas Oil Micro Longer Dated Securities.

Terms used in this announcement bear the meanings given in the Conditions of the Commodity Securities set out at Part 7 of the prospectus of the Issuer dated 26 September 2018.

Further announcements in relation to the Required Rebalancing will be made by the Issuer in due course.

For further information please contact:

Ciaran Hocking

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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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