Leverage Shares plc
2 July
2024
THIS NOTICE IS IMPORTANT AND REQUIRES
THE IMMEDIATE ATTENTION
OF THE HOLDERS OF THE ETP SECURITIES.
IF ANY ETP SECURITYHOLDER IS IN ANY DOUBT AS TO
THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT
THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS
IMMEDIATELY
If you have
recently sold or otherwise
transferred your
entire holding(s) of ETP Securities referred to below, you
should immediately forward this document to the purchaser or transferee or to the stockbroker,
bank or other agent through whom
the sale or transfer was effected
for transmission to the purchaser
or transferee.
Notice to ETP Securityholders
of the following Series of ETP Securities
issued by Leverage Shares plc
(the "Issuer")
Leverage Shares 3x Ferrari
ETP Securities (ISIN XS2595673190)
Leverage Shares -3x Ferrari
ETP Securities (ISIN XS2595673786)
(the "Relevant Series")
Capitalised terms used, but not defined, in this
notice shall
have the meaning given thereto in the
Amended and Restated and
Master Definitions Schedule in relation to the
Leverage Shares plc collateralised exchange
traded securities programme
dated 18 October 2023.
The Relevant Series have been
established by the Issuer with the investment objective of tracking
the iSTOXX Leveraged 3x RACE Index and the iSTOXX Inverse Leveraged
-3x Race Index, respectively (the "Ferrari Indices").
The Issuer has been informed by
STOXX Limited, the Index Sponsor of the Ferrari Indices, that the
Ferrari Indices will be modified to replace the Reference Asset of
the Ferrari Indices from Ferrari NV, which trades on Euronext Milan
to Ferrari NV ADR which trades on the New York Stock Exchange (the
"Race Index
Modifications").
The Race Index Modifications will
occur intraday on 8 July 2024, with full effect from 9 July 2024.
Details of the modified Ferrari Indices are as follows:
|
Index Name
|
New Index
Ticker
|
Old Index
Ticker
|
|
iSTOXX
Leveraged 3x RACE
|
IX3XRACU
|
IX3XRACE
|
|
iSTOXX
Inverse Leveraged -3x RACE
|
IX3IRACU
|
IX3IRACE
|
(the "New Ferrari Indices").
The Issuer notes that each of the
Race Index Modifications constitute an Index Modification as
contemplated by the Conditions. The Race Index Modifications and
the related change in the Reference Assets will cause the daily
rebalancing of the Relevant Series to no longer be subject to
transaction taxes currently applicable to them, which is expected
to result in a reduction in the daily transaction costs.
Yours sincerely
The Directors
Leverage Shares plc