GraniteShares Financial PLC Granite-FTNG/FTNP/FTNE- Reverse Split - 09OCT23 (4265N)
September 22 2023 - 11:33AM
UK Regulatory
TIDMFTNG TIDMFTNE TIDMFTNP
RNS Number : 4265N
GraniteShares Financial PLC
22 September 2023
22 September 2023
LEI: 635400MFOIY6BX1JUC92
Current ISIN: XS2305050713
New ISIN: XS2693061900
London Stock Exchange TDIM: FTNG/FTNP/FTNE
GRANITESHARES FINANCIAL PLC (the "Issuer")
GRANITESHARES FATANG 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 10 October 2023 between, inter alios, the Issuer and the
Trustee.
ETP Securities GraniteShares FATANG ETP Securities
Record Date 06 October 2023
------------------------------------------------
First trading date 09 October 2023
of the consolidated
Securities
------------------------------------------------
Details of consolidation Each 5 ETP Securities held by a Securityholder
will be consolidated into 1 ETP Securities.
------------------------------------------------
New ISIN The consolidation will result in change of
ISIN from XS2305050713 to XS2693061900
------------------------------------------------
New SEDOLs The consolidation will result in change of
SEDOLs:
USD trading line (FTNG): the SEDOL will change
from BKY7NS5 to BKPMLY1
GBX trading line (FTNP): the SEDOL will change
from BKVCTB8 to BKPMM15
EUR trading line (FTNE): the SEDOL will change
from BKVCSB1 to BKPMM04
------------------------------------------------
The Record Date is the last day of trading before the
consolidation. Trading of the consolidated securities of each class
will commence on Monday 09 October 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: ___ Raja Gul __________
Name: /s/ Raja Gul
Title: Director
3(rd) Floor, Kilmore House
Park Lane, Spencer Dock
Dublin 1
Ireland
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END
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