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CSL S&L Ltd - Supplement Trust Instrument

26th Jan 2018 16:34

RNS Number : 1110D
ETFS Commodity Secs Ltd
26 January 2018
 

ETFS Commodity Securities Limited

LEI: 21380068Q1JSIAN4FO63

26 January 2018

ETFS Commodity Securities Limited

ETFS Short & Leveraged Commodity Securities - Supplemental Trust Instrument

ETFS 3x Daily Long Natural Gas Individual Securities

ETFS 3x Daily Long Wheat Individual Securities

ETFS 2x Daily Long Natural Gas Individual Securities

ETFS 3x Daily Short Nickel Individual Securities

ETFS 3x Daily Short Copper Individual Securities

ETFS 2x Daily Long Energy Individual Securities

ETFS 1x Daily Short Zinc Individual Securities

ETFS 2x Daily Long Agriculture Individual Securities

ETFS 3x Daily Long Coffee Individual Securities

ETFS 3x Daily Long Sugar Individual Securities

ETFS 1x Daily Short Cotton Individual Securities

(the "Affected Securities")

Further to the announcements made by ETFS Commodity Securities Limited (the "Issuer") on 15 December 2017, 10 January 2018 and 26 January 2018 in relation to meetings of the holders of the Affected Securities, notice is hereby given that by a Supplemental Trust Instrument between the Issuer and The Law Debenture Trust Corporation p.l.c. (as trustee on behalf of the holders of Commodity Securities) dated 26 January 2018 (the "Supplemental Trust Instrument") certain changes to the conditions of the Affected Securities have been made.

The changes, which were approved by an extraordinary resolution of the holders of each class of Affected Securities of the Issuer at the adjourned meetings of holders of the Affected Securities which took place on 26 January, is the reduction in the principal amount of the following Affected Securities, as detailed in the Supplemental Trust Instrument and as described below:

Class of Affected Securities

Previous Principal Amount

New Principal Amount

ETFS 3x Daily Long Natural Gas Individual Securities

US$5.00

US$0.40

ETFS 2x Daily Long Natural Gas Individual Securities

US$19.194

US$2.50

ETFS 3x Daily Short Nickel Individual Securities

US$5.00

US$1.50

ETFS 3x Daily Short Copper Individual Securities

US$5.00

US$1.70

ETFS 2x Daily Long Energy Individual Securities

US$0.07

US$0.02

ETFS 1x Daily Short Zinc Individual Securities

US$5.00

US$1.90

ETFS 2x Daily Long Agriculture Individual Securities

US$1.75

US$0.70

ETFS 3x Daily Long Sugar Individual Securities

US$5.00

US$1.80

ETFS 1x Daily Short Cotton Individual Securities

US$5.00

US$2.00

In respect of the following classes of Affected Securities, the relevant Extraordinary Resolution was not passed by the requisite majority and the principal amount remains unchanged:

ETFS 3x Daily Long Wheat Individual Securities

ETFS 3x Daily Long Coffee Individual Securities

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 company news service from the London Stock Exchange
 
END
 
 
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