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ETFS Leveraged Commodity Secs-Supp Trust Inst.

26th Jan 2015 09:21

RNS Number : 1080D
ETFS Commodity Secs Ltd
26 January 2015
 



ETFS Commodity Securities Limited

 

26 January 2015

 

ETFS Commodity Securities Limited

ETFS Leveraged Commodity Securities - Supplemental Trust Instrument

 

ETFS Daily Leveraged Brent Crude Individual Securities, ETFS Daily Leveraged Coffee Individual Securities and ETFS Daily Leveraged WTI Crude Oil Individual Securities (the "Affected Securities").

By a Supplemental Trust Instrument between ETFS Commodity Securities Limited (the "Issuer") and The Law Debenture Trust Corporation p.l.c. (as trustee on behalf of the holders of Commodity Securities) dated 23 January 2015 (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 23 January 2015, is the reduction in the principal amount of each of the Affected Securities, as detailed in the Supplemental Trust Instrument and as described below:

Class of Affected Securities

Previous Principal Amount

New Principal Amount

 

 

 

ETFS Daily Leveraged Brent Crude Individual Securities

US$5.00

US$1.34

ETFS Daily Leveraged Coffee Individual Securities

US$2.22

US$0.89

ETFS Daily Leveraged WTI Crude Oil Individual Securities

US$0.59

US$0.12

 

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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