TIDMLMI3 TIDM3LMI

RNS Number : 6158X

GraniteShares Financial PLC

26 April 2023

26 April 2023

LEI: 635400MFOIY6BX1JUC92

Current ISIN: XS2435550350

New ISIN: XS2617255760

London Stock Exchange TDIM: 3LMI/LMI3

GRANITESHARES FINANCIAL PLC (the "Issuer")

GRANITESHARES 3X LONG MICROSTRATEGY DAILY ETP SECURITIES (the "ETP Securities")

NOTICE OF CONDOLIDATION OF SECURITIES

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about what action you should take, you are recommended to consult your independent financial adviser.

NOTICE is hereby given by the Issuer to the holders of the ETP Securities pursuant to Condition 20(b) (Notices) that, in accordance with Condition 19 (Consolidation and Division of ETP Securities), the Issuer is planning to consolidate all of the ETP Securities into ETP Securities with a proportionally larger Minimum Redemption Amount and Value per ETP Security. Such consolidation will be affected by way of Supplemental Trust Deed dated on or about 15 May 2023 between, inter alios, the Issuer and the Trustee.

 
 ETP Securities             GraniteShares 3x Long MicroStrategy Daily ETP 
 Record Date                12 May 2023 
                           --------------------------------------------------- 
 First trading date         15 May 2023 
  of the consolidated 
  Securities 
                           --------------------------------------------------- 
 Details of consolidation   Each 2,000 ETP Securities held by a Securityholder 
                             will be consolidated into 1 ETP Securities. 
                           --------------------------------------------------- 
 New ISIN                   The consolidation will result in change of 
                             ISIN from XS2435550350 to XS2617255760 
                           --------------------------------------------------- 
 New SEDOLs                 The consolidation will result in change of 
                             SEDOLs: 
                             USD trading line: the SEDOL will change from 
                             BMHWD92 to BN0WPC3 
                             GBX trading line: the SEDOL will change from 
                             BMHWFG3 to BN0WPD4 
                           ---------------------------------------------------

The Record Date is the last day of trading before the consolidation. Trading of the consolidated securities will commence on Monday 15 May 2023.

Pursuant to Condition 19 of the ETP Securities, whenever as a result of consolidation of ETP Securities, a Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security. Each fractional ETP Security shall become due and payable at the greater of the Value per ETP as determined on the Record Date and the Minimum Redemption Amount.

Capitalised terms not defined herein shall have the meaning given to them in the Issue Deed relating to the ETP Securities.

This Notice is given by the Issuer.

GRANITESHARES FINANCIAL PLC

   By:   ____/s/ Aileen Mannion_______ 
   Name:   Aileen Mannion 
   Title:      Authorised Signatory

3(rd) Floor, Kilmore House

Park Lane, Spencer Dock

Dublin 1

Ireland

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

CIRDZGZDGVLGFZZ

(END) Dow Jones Newswires

April 27, 2023 02:00 ET (06:00 GMT)

Mstr 3xl � (LSE:LMI3)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024 Plus de graphiques de la Bourse Mstr 3xl �
Mstr 3xl � (LSE:LMI3)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024 Plus de graphiques de la Bourse Mstr 3xl �