Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Supplemental Trust Instrument 13.11.14 S&L

13th Nov 2014 16:43

RNS Number : 9987W
ETFS Commodity Secs Ltd
13 November 2014
 



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]

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBJBFTMBIBBTI

Related Shares:

Wt Agriculture
FTSE 100 Latest
Value8,632.33
Change89.77