Leverage Shares Consolidation Notice update

Leverage Shares PLC

23 October 2023

 

Leverage Shares plc

23 October 2023

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 -2X Short Tesla ETP Securities (ISIN: XS2297550134)

Leverage Shares -3X Short Tesla ETP Securities (ISIN: XS2337090265)

Leverage Shares -3x Short NIO ETP Securities (ISIN: XS2399365555)

Leverage Shares -3x Short Xpeng ETP Securities (ISIN: XS2472332886)

Leverage Shares -3x Short Nvidia (NVDA) ETP Securities (ISIN: XS2472335129)

 (the "Relevant Series")

Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Notices of Adjourned Meeting of ETP Securityholders of the Relevant Series dated 21 September 2023 and the Amended and Restated Master Definitions Schedule in relation to the Leverage Shares plc collateralised exchange traded securities programme dated 18 October 2023.

The Issuer hereby provides the following update in relation to the upcoming Consolidation of the ETPs of the Relevant Series.

The Consolidation will apply to ETP Securityholders of record as of the close of markets on 2 November 2023.  The Consolidation will be effected by a Consolidation Supplemental Trust Deed. The first trading date of the Consolidated ETP Securities will be 3 November 2023. If, as a result of the Consolidation an ETP Securityholder would become entitled to a fraction of an ETP Security, the Issuer will redeem such fractional ETP Security on 2 November 2023.

See the following table below for all relevant details in relation to the Consolidations:

	Record Date	First trading date of consolidated ETP Securities	Details of consolidation
Leverage Shares -2X Short Tesla ETP Securities	2 November 2023	3 November 2023	Each 74 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security
Leverage Shares -3X Short Tesla ETP Securities	2 November 2023	3 November 2023	Each 1014 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security
Leverage Shares -3x Short NIO ETP Securities	2 November 2023	3 November 2023	Each 249 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security
Leverage Shares -3x Short Xpeng ETP Securities	2 November 2023	3 November 2023	Each 1456 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security
Leverage Shares -3x Short Nvidia ETP secutities	2 November 2023	3 November 2023	Each 457 ETP Securities held by an ETP Securityholder will be consolidated into one ETP Security

The Consolidations will result in a change of ISIN, SEDOLs and WKN numbers for each of the Relevant Series as set out in the table below:

	New ISINs effective 3 November 2023	New SEDOLs effective 3 November 2023	New WKN effective 3 November 2023
Leverage Shares -2X Short Tesla ETP Securities	XS2706221277	TS2S LN:   BRBTTS5  TS2S    LN:          BRBTTK7  2STS    LN:          BRBTTR4	A3G804
Leverage Shares -3X Short Tesla ETP Securities	XS2706232803	TS3S LN: BRBTTP2    TSLQ LN: BRBTV01     3STL      LN:      BRBTV12	A3G805
Leverage Shares -3x Short NIO ETP Securities	XS2706223133	SNIO LN: BRBTTL8    NIOS LN: BRBTTT6    SNIE      LN:      BRBTTV8	A3G806
Leverage Shares -3x Short Xpeng ETP Securities	XS2706224883	XP3S LN: BRBTTM9  SXPE LN: BRBTTW9   SXEE     LN:     BRBTTX0	A3G807
Leverage Shares -3x Short Nvidia ETP secutities	XS2706225427	NV3S       LN:       BRBTTN0        SNV3 LN: BRBTTY1   SNDE     LN:     BRBTTZ2	A3G808

If you have any queries arising from this notice, please contact us at [e-mail].

Yours sincerely

The Directors

Leverage Shares plc

 

END