ETFS Metal Securities Ltd Completed Sale by ETF Securities Ltd - Wisdom Tree (7010K)
April 12 2018 - 3:23AM
UK Regulatory
TIDMPHPT
RNS Number : 7010K
ETFS Metal Securities Ltd
12 April 2018
ETFS Metal Securities Limited
LEI: 213800QFA5KMBW5CVX71
12 April 2018
ETFS Metal Securities Limited
ETFS Metal Securities
Sale by ETF Securities Limited of its European
Exchange-Traded
Commodity, Currency and Short-and-Leveraged Business to
WisdomTree
Further to the announcement made by ETFS Metal Securities
Limited ("MSL" or the "Issuer") on 13 November 2017, the Issuer
announces that the completion date of the sale (the "Sale") of the
European exchange-traded commodity, currency and short and
leveraged business (including the Issuer) of ETF Securities Limited
("ETFSL") to WisdomTree Investments, Inc. ("WisdomTree") occurred
on 11 April 2018 (the "Completion Date").
As a result of the Sale, the ultimate beneficial owner of each
of the Issuer, ETFS Holdings (Jersey) Limited and ETFS Management
Company (Jersey) Limited is now WisdomTree.
Holders of securities issued by the Issuer are not required to
take any action in respect of the Sale.
The Issuer also wishes to announce that Graham Tuckwell and
Joseph Roxburgh have resigned as directors of the Issuer and
Gregory Barton and Peter Ziemba have been appointed as directors of
the Issuer, in each case with effect from the Completion Date. The
biographies of Mr Barton and Mr Ziemba have been set out below.
At the date of this announcement, the Non-Executive Directors of
the Issuer are as follows:
Christopher Foulds
Steven Ross
Gregory Barton
Peter Ziemba
Gregory Barton is a director of ManJer, HoldCo and Electra
Target HoldCo Limited (Jersey). Mr. Barton is also a non-executive
director of the Issuer and ETFS Commodity Securities Limited, ETFS
Hedged Commodity Securities Limited, Swiss Commodity Securities
Limited, Gold Bullion Securities Limited, ETFS Hedged Metal
Securities Limited, ETFS Oil Securities Limited, ETFS Foreign
Exchange Limited and ETFS Equity Securities Limited. Since January
2018, Mr. Barton has served as Executive Vice President, Chief
Legal Officer and Secretary of WisdomTree Investments, Inc., an
exchange-traded fund and exchange-traded product sponsor and asset
manager. Prior to this role, he served as Executive Vice President
and Chief Operating Officer of WisdomTree from October 2012. Before
joining WisdomTree, Mr. Barton served as Executive Vice President
Business and Legal Affairs, General Counsel and Secretary of
TheStreet, Inc., a financial media company, from June 2009 to July
2012, following his service as General Counsel and Secretary of
Martha Stewart Living Omnimedia, Inc., a media and merchandising
company, from October 2007 to August 2008. From October 2004 to
October 2007, Mr. Barton served as Executive Vice President,
Licensing and Legal Affairs, General Counsel and Secretary, and
from November 2002 to October 2004, as Executive Vice President,
General Counsel and Secretary, of Ziff Davis Media Inc., a
technology media company. Preceding Ziff Davis, Mr. Barton served
in a variety of positions at WisdomTree (then known as Individual
Investor Group, Inc.) from August 1998 to November 2002, including
President, Chief Financial Officer and General Counsel; and prior
to that served from September 1996 to August 1998 as Vice
President, Corporate and Legal Affairs, and General Counsel, and
from May 1995 to September 1996 as General Counsel, of Alliance
Semiconductor Corporation, an integrated circuit company. Mr.
Barton was previously an attorney at the law firm of Gibson, Dunn
& Crutcher LLP. From June 2006 through October 2012, Mr. Barton
served as an Independent Trustee and Chairman of the Audit
Committee for the WisdomTree Trust. Mr. Barton presently serves on
the boards of a number of WisdomTree's wholly owned subsidiaries
and serves as a director of Thesys Group, Inc., a financial
technology company in which WisdomTree has an investment. Mr.
Barton received a B.A. degree, summa cum laude, from Claremont
McKenna College and a J.D. degree, magna cum laude, from Harvard
Law School.
Peter M. Ziemba is a director of ManJer, HoldCo and Electra
Target HoldCo Limited (Jersey). Mr. Ziemba is also a non-executive
director of the Issuer and ETFS Commodity Securities Limited, ETFS
Hedged Commodity Securities Limited, Swiss Commodity Securities
Limited, Gold Bullion Securities Limited, ETFS Hedged Metal
Securities Limited, ETFS Oil Securities Limited, ETFS Foreign
Exchange Limited and ETFS Equity Securities Limited. Since January
2018, Mr. Ziemba has served as Executive Vice President-Senior
Advisor to the CEO and Chief Administrative Officer of WisdomTree
Investments, Inc., an exchange-traded fund and exchange-traded
product sponsor and asset manager. Prior to this role he served as
Executive Vice President-Business and Legal Affairs from January
2008 to December 2017, and Chief Legal Officer from March 2011 to
December 2017. From April 2007 to March 2011, Mr. Ziemba served as
General Counsel to WisdomTree Investments, Inc.. Mr. Ziemba
presently serves on the boards of a number of WisdomTree's wholly
owned subsidiaries. Prior to joining WisdomTree, Mr. Ziemba was a
partner in the Corporate and Securities department of Graubard
Miller, which served as primary corporate counsel for WisdomTree
Investments, Inc., from 1991 to 2007, and was employed at that firm
beginning in 1982. Mr. Ziemba received his B.A. in History with
university honors from Binghamton University and his J.D., cum
laude, from Benjamin N. Cardozo School of Law.
For further information please contact:
Ciaran Hocking
R&H Fund Services (Jersey) Limited
Tel: +44 (0) 1534 825200
Fax: +44 (0) 1534 825335
E-mail address: etfsjersey@rhfsl.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISLIFFTSIIFLIT
(END) Dow Jones Newswires
April 12, 2018 04:23 ET (08:23 GMT)
Wt Physi Platin (LSE:PHPT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Wt Physi Platin (LSE:PHPT)
Historical Stock Chart
From Jul 2023 to Jul 2024