7th May 2025 07:00
06 May 2025
LEI: 635400MFOIY6BX1JUC92
Current ISIN: XS2626290311
New ISIN: XS3069879768
London Stock Exchange TDIM: 3SNI/3SIP/3SIE
GRANITESHARES FINANCIAL PLC (the "Issuer")
GRANITESHARES 3X SHORT NIO DAILY ETP SECURITIES (the "ETP Securities")
NOTICE OF CONSOLIDATION OF SECURITIES
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about what action you should take, you are recommended to consult your independent financial adviser.
NOTICE is hereby given by the Issuer to the holders of the ETP Securities pursuant to Condition 20(b) (Notices) that, in accordance with Condition 19 (Consolidation and Division of ETP Securities), the Issuer is planning to consolidate all of the ETP Securities into ETP Securities with a proportionally larger Minimum Consolidation Amount and Value per ETP Security. Such consolidation will be affected by way of Supplemental Trust Deed dated on or about 19 May 2025 between, inter alios, the Issuer and the Trustee.
ETP Securities | GraniteShares 3x Short NIO Daily ETP Securities |
Record Date | 16 May 2025 |
First trading date of the consolidated Securities | 19 May 2025 |
Details of the consolidation | Each 50 ETP Securities held by a Securityholder will be consolidated into 1 ETP Securities. |
New ISIN | The consolidation will result in change of ISIN from XS2626290311 to XS3069879768 |
New SEDOLs | The consolidation will result in change of SEDOLs: USD trading line (3SNI): the SEDOL will change from BNDTCN1 to BQ82BD9 GBX trading line (3SIP): the SEDOL will change from BNDTCQ4 to BQ82BJ5 EUR trading line (3SIE): the SEDOL will change from BNDTCP3 to BQ82BK6 |
The Record Date is the last day of trading before the consolidation. Trading of the consolidated securities of each class will commence on Monday 19 May 2025.
Pursuant to Condition 19 of the ETP Securities, whenever as a result of consolidation of ETP Securities, a Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security. Each fractional ETP Security shall become due and payable at the greater of the Value per ETP as determined on the Record Date and the Minimum Redemption Amount.
Capitalised terms not defined herein shall have the meaning given to them in the Issue Deed relating to the ETP Securities.
This Notice is given by the Issuer.
GRANITESHARES FINANCIAL PLC
By: ____/s/ Aileen Mannion_________
Name: _Aileen Mannion____________
Title: Director
Ground Floor, Two Dockland Central
Guild Street
North Dock
Dublin 1
Ireland
Related Shares:
Granite 3s NioGranite 3s NioGranite 3s Nio