REG - Leverage Shares PLC - Intraday Rebalance 3x JD

JD.ComAnnouncement

25/10/2022 08:15

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RNS Number : 9483D  Leverage Shares PLC  25 October 2022

 

Leverage Shares plc

 

 

25.10.2022

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 OF INTRADAY REBALANCE

Leverage Shares plc (the ("Issuer") hereby gives notice that at 09:33:50 EST
on 24.10.2022  (the "Trigger Time"), the price of JD.Com (JD) (the "Reference
Asset") for the Leverage Shares 3x JD.Com ETP Securities (ISIN: XS2337087808)
(the "ETP Securities") reached a trading price of $35.12 on exchange (the
"Trigger Value"), representing a decrease of 16.68% from its previous closing
price of $42.15, thereby crossing the 16.67% set in the index methodology for
the iSTOXX Leveraged 3x JD Index (the "Index").

 

This event triggered an intraday rebalance of the Index, which in turn
triggered an intraday rebalance of the ETP Securities as provided in the
Prospectus for the ETP Securities:
https://leverageshares.com/documents/prospectus/Leverage-Shares-Base-Prospectus-16-May-2022.pdf?x93486
(https://leverageshares.com/documents/prospectus/Leverage-Shares-Base-Prospectus-16-May-2022.pdf?x93486)
(the "Prospectus").

Starting 5 minutes after the Trigger Time, the Issuer carried out an intraday
rebalance over the 10-minute period following the Trigger Time using the
Trigger Value as the reference (the "Intraday Rebalance"), achieving an
average price of $35.20953 and setting an ETP Security Value of $0.09538 (the
"Rebalanced ETP Security Value").

 

Terms used but not defined in this notice shall bear the meanings assigned to
them in the Prospectus.

 

If you have any queries arising from this notice, please contact us at
info@leverageshares.com (mailto:info@leverageshares.com) .

 

Yours sincerely

 

 

 

 

The Directors

Leverage Shares plc

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