REG - Leverage Shares PLC - 3x MRNA Intraday Rebalance Notice

ModernaAnnouncement

02/11/2023 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231102:nRSB2443Sa&default-theme=true

RNS Number : 2443S  Leverage Shares PLC  02 November 2023

 

Leverage Shares plc

 

 

02.11.2023

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 OF INTRADAY REBALANCE

Leverage Shares plc (the ("Issuer") hereby gives notice that at 09:30:19 EST
on 02.11.2023 (the "Trigger Time"), the price of Moderna Inc. (MRNA) (the
"Reference Asset") for the Leverage Shares 3x Long Moderna (MRNA) ETP (ISIN:
XS2675718725) (the "ETP Securities") reached a trading price of $63.45 on
exchange (the "Trigger Value"), representing a drop of -16.73% from its
previous closing price of $76.2, thereby crossing the -16.67% set in the index
methodology for the iSTOXX Leveraged 3x MRNA 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
Prospectuses for the ETP Securities:

 

https://leverageshares.com/?page_id=16700
(https://leverageshares.com/?page_id=16700)

 

https://leverageshares.com/?page_id=16514
(https://leverageshares.com/?page_id=16514)

 

(the "Prospectuses").

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 $67.076 and setting an ETP Security Value of $4.680 (the
"Rebalanced ETP Security Value").

 

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

 

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

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCNKBBKABDDQDK