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Supplemental Trust Instrument - ETFS Leveraged CSL

6th Jul 2015 13:21

RNS Number : 2755S
ETFS Commodity Secs Ltd
06 July 2015
 



ETFS Commodity Securities Limited

 

6 July 2015

ETFS Commodity Securities Limited

 

ETFS Leveraged Commodity Securities - Supplemental Trust Instrument

 

ETFS Daily Leveraged All Commodities Index Securities, ETFS Daily Leveraged Energy Index Securities, ETFS Daily Leveraged Heating Oil Individual Securities, ETFS Daily Leveraged Lean Hogs Individual Securities, ETFS Daily Leveraged Natural Gas Individual Securities, ETFS Daily Leveraged Nickel Individual Securities, ETFS Daily Leveraged Petroleum Index Securities and ETFS Daily Leveraged Sugar 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 3 July 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 3 July 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 All Commodities Index Securities

US$1.86

US$0.71

ETFS Daily Leveraged Energy Index Securities

US$0.23

US$0.07

ETFS Daily Leveraged Heating Oil Individual Securities

US$1.02

US$0.40

ETFS Daily Leveraged Lean Hogs Individual Securities

US$1.52

US$0.45

ETFS Daily Leveraged Natural Gas Individual Securities

US$0.0036

US$0.0012

ETFS Daily Leveraged Nickel Individual Securities

US$0.66

US$0.18

ETFS Daily Leveraged Petroleum Index Securities

US$0.80

US$0.18

ETFS Daily Leveraged Sugar Individual Securities

US$2.01

US$0.53

 

 

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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