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ETFS Commodity Securities Annual Rebalancing

24th Dec 2012 13:00

RNS Number : 2884U
ETFS Commodity Secs Ltd
24 December 2012
 



RNS Number:

ETFS Commodity Securities Limited

24 December 2012

 

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 ETFS Longer Dated Commodity Securities (together the "Commodity Securities"). Terms used in this announcement bear the meanings given in the Conditions of the Commodity Securities.

 

The annual Required Rebalancing of the Index Securities will commence at the close of business in New York on 8 January 2013 with the relevant Target Numbers determined at close of business in New York on 7 January 2013.

 

Following the announcement made by the sponsors of the DJ-UBS Commodity Indices on 24 October 2012, 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) Wheat Micro Securities, the classes of Micro Securities to be comprised in such categories will be changed following such Required Rebalancing to include (in addition) Kansas Wheat Micro Securities;

 

(b) in respect of those categories of Classic Index Securities, other than the ETFS Grains Index Securities, that currently comprise (inter alia) Soybean Micro Securities, the classes of Micro Securities to be comprised in such categories will be changed following such Required Rebalancing to include (in addition) Soybean Meal Micro Securities;

 

(c) in respect of those categories of Longer Dated Index Securities that currently comprise (inter alia) Wheat 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) Kansas Wheat Micro Longer Dated Securities; and

 

(d) in respect of those categories of Longer Dated Index Securities, other than the ETFS Longer Dated Grains Index Securities, that currently comprise (inter alia) Soybean 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) Soybean Meal Micro Longer Dated Securities.

 

Further announcements will be made in due course.

 

For further information, please contact

 

Christopher Osgood,

R&H Fund Services (Jersey) Limited

Tel: +44 (0) 1534 825200

Fax: +44 (0) 1534 825250

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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