25th Jan 2022 07:00
Xtrackers ETC plc
a public company limited by shares incorporated under the laws of Ireland
with registered number 627079, having its registered address at
Fourth Floor, 3 George's Dock, IFSC, Dublin 1, Ireland
(the "Issuer")
IMPORTANT NOTICE TO SECURITYHOLDERS
of the following Securities issued under the Secured Xtrackers ETC Precious Metal Linked Securities Programme in relation to
Series 1 Xtrackers IE Physical Platinum ETC (ISIN: DE000A2T0VT7),
Series 2 Xtrackers IE Physical Gold ETC (ISIN: DE000A2T0VU5),
Series 3 Xtrackers IE Physical Silver ETC (ISIN: DE000A2T0VS9),
Series 4 Xtrackers IE Physical Silver EUR Hedged ETC (ISIN: DE000A2UDH55),
Series 5 Xtrackers IE Physical Gold EUR Hedged ETC (ISIN: DE000A2T5DZ1),
Series 6 up Xtrackers IE Physical Gold GBP Hedged ETC (ISIN: DE000A2UDH48) and
Series 7 Xtrackers IE Physical Platinum EUR Hedged ETC (ISIN: DE000A2UDH63)
(each a "Series" and together the "Securities")
25 January 2022
Dear Securityholder,
We hereby refer to the Securities issued by the Issuer and the related Final Terms.
Capitalised terms used herein but not otherwise shall have the meanings ascribed to them in the Master Terms and Conditions of the Securities (the "Terms and Conditions") as set out in the Base Prospectus of the Issuer dated 11 March 2021.
Further to Condition 17 of the Terms and Conditions, we hereby inform you of certain events impacting J.P. Morgan AG, the series counterparty ("Series Counterparty") for each Series of FX Hedged ETC Securities and J.P. Morgan Bank Luxembourg S.A., Dublin Branch which maintains a segregated cash account in relation to each of the Securities ("Account Bank").
On July 2021, J.P Morgan announced the consolidation of the three J.P Morgan Banks in the European Economic Area, through a cross-border merger of J.P. Morgan Bank Luxembourg S.A. and J.P. Morgan Bank (Ireland) PLC into J.P. Morgan AG.
As a result of the merger, J.P. Morgan AG, as the surviving entity, was converted into the legal form of a Societas Europaea, and changed its name to J.P. Morgan SE. The merger was effective as of 22 January 2022 ("Merger Date").
As from the Merger Date, J.P. Morgan SE act as the Series Counterparty for the FX Hedged ETC Securities and as the Account Bank for the Securities.
Further information on the announcement can be found on the JP Morgan´s website: https://www.jpmorgan.com/disclosures/legal-entity-information
As a consequence of the above, the Base Prospectus and Final Terms of each of the Series will be amended in due course to reflect this change.
If you are not the ultimate beneficial holder in respect of the Securities, or if you have recently disposed of the Securities, please forward this notice to the ultimate beneficial holder or purchaser respectively.
Securityholders with queries relating to this notice may address them to the following email: [email protected].
Xtrackers ETC plc
Related Shares:
X Ie Gold Etc