25 June
2024
LEI:
635400MFOIY6BX1JUC92
Current
ISIN: XS2435550194
New ISIN:
XS2842095759
London Stock Exchange
TDIM: 3SBB/SAA3
GRANITESHARES FINANCIAL PLC (the
"Issuer")
GRANITESHARES 3X SHORT ALIBABA 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 1 July 2024 between, inter alios, the Issuer and the
Trustee.
|
ETP
Securities
|
GraniteShares 3x Short Alibaba Daily ETP
Securities
|
|
Record
Date
|
28 June 2024
|
|
First trading
date of the consolidated Securities
|
1 July 2024
|
|
Details of
consolidation
|
Each 100 ETP Securities held by a
Securityholder will be consolidated into 1 ETP
Securities.
|
|
New
ISIN
|
The consolidation will result in change of ISIN
from XS2435550194
to XS2842095759
|
|
New
SEDOLs
|
The consolidation will result in change of
SEDOLs:
USD trading line (3SBB): the SEDOL will change
from BMHWD81 to
BS4DNS9
GBX trading line (SAA3): the SEDOL will change
from BMHWFF2 to
BS4DNT0
|
The Record Date is the last day of trading
before the consolidation. Trading of the consolidated securities of
each class will commence on 1 July 2024.
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:
Director
Ground Floor, Two Dockland Central
Guild Street, North Dock
Dublin D01
K2C5
Ireland