13th Nov 2014 16:43
13.11.14
ETFS Commodity Securities Limited
13 November 2014
ETFS Commodity Securities Limited
ETFS Leveraged Commodity Securities and ETFS Short Commodity Securities - Supplemental Trust Instrument
ETFS Daily Leveraged Aluminium Individual Securities, ETFS Daily Leveraged Natural Gas Individual Securities, ETFS Daily Leveraged Soybean Oil Individual Securities, ETFS Daily Leveraged Wheat Individual Securities, ETFS Daily Leveraged Energy Index Securities, ETFS Daily Leveraged Grains Index Securities, ETFS Daily Short Gasoline Individual Securities, ETFS Daily Short Silver Individual Securities, ETFS Daily Short Soybeans Individual Securities, and ETFS Daily Short Tin Individual Securities, each of ETFS Commodity Securities Limited (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 13 November 2014 (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 12 November 2014, 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 Aluminium Individual Securities | US$1.23 | US$0.51 |
ETFS Daily Leveraged Natural Gas Individual Securities | US$0.02 | US$0.0036 |
ETFS Daily Leveraged Soybean Oil Individual Securities | US$1.04 | US$0.38 |
ETFS Daily Leveraged Wheat Individual Securities | US$0.51 | US$0.072 |
ETFS Daily Leveraged Energy Index Securities | US$0.65 | US$0.23 |
ETFS Daily Leveraged Grains Index Securities | US$1.73 | US$0.87 |
ETFS Daily Short Gasoline Individual Securities | US$5.00 | US$2.05 |
ETFS Daily Short Silver Individual Securities | US$5.00 | US$1.78 |
ETFS Daily Short Soybeans Individual Securities | US$5.00 | US$2.37 |
ETFS Daily Short Tin Individual Securities | US$5.00 | US$1.89
|
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]
Related Shares:
Wt Agriculture