WisdomTree Multi Asset Issuer PLC Wisdomtree S&P 500 Vix Short-TERM Futures 2.25x Daily Leveraged Securities Isin: Ie00blrprh06 Proposed Amendment To The Principal Amount Of The Affected Securities Meeting Of The Etp Securityholders
15 December 2021 - 11:00PM
UK Regulatory
TIDM3LOI
15 December 2021
LEI: 2138003QW2ZAYZODBU23
LSE Code: VIXL
WISDOMTREE MULTI ASSET ISSUER PUBLIC LIMITED COMPANY
(a public company incorporated with limited liability in
Ireland)
WISDOMTREE S&P 500 VIX SHORT-TERM FUTURES 2.25X DAILY
LEVERAGED SECURITIES
ISIN: IE00BLRPRH06
PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED
SECURITIES
MEETING OF THE ETP SECURITYHOLDERS
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 that, pursuant to the provisions of the
trust deed dated 30 November 2012 (as amended) constituting (inter
alia) the WisdomTree S&P 500 VIX Short-Term Futures 2.25x Daily
Leveraged Securities (the "Affected Securities") and made between
(1) WisdomTree Multi Asset Issuer Public Limited Company (the
"Issuer"), (2) The Law Debenture Trust Corporation p.l.c. (the
"Trustee") and (3) WisdomTree Multi Asset Management Limited (the
"Manager"), a meeting of the holders of the Affected Securities
(the "Affected Securities Holders"), convened by the Issuer, will
be held by way of virtual meeting on Friday 7 January 2022 at 11
a.m. local time (the "Meeting").
The Meeting is being held to consider certain amendments, made
under the powers set out in clause 2 of schedule 7 of the master
trust deed of the Affected Securities, to documentation required to
effect a reduction in the principal amount of the Affected
Securities from USD 1.05566 to USD 0.105566. This follows the price
of the Affected Securities falling below 500 per cent of its
current principal amount on Wednesday 8 December 2021 (the
"Threshold Event Date").
In a scenario where the vote does not pass, if the price then
falls below 200% of the principal amount on or after 60 days from
the Threshold Event Date, then a compulsory redemption event will
be triggered and the Issuer will be required to compulsorily redeem
all Affected Securities Holders.
In order to maintain the normal trading and operations of the
Affected Securities and to avoid a compulsory redemption event
being triggered, the Issuer considers that the principal amount of
the Affected Securities should be reduced.
The reduction in the principal amount will not affect the price
of the Affected Securities as the price is calculated by reference
to the underlying index and not to the principal amount of the
Affected Securities.
It is important to note that:
-- The reduction of the principal amount of the Affected Securities does NOT
dilute an Affected Securities Holder's holding or reduce the value of an
Affected Securities Holder's holding.
-- The reduction of the principal amount does NOT negatively impact the
ability of the investor to trade the Affected Securities.
-- The reduction of the principal amount does NOT affect the amount an
Affected Securities Holder would, in practice, receive on redemption of
the Affected Securities.
Affected Securities Holders may also access the notification,
including the circular, on the website of the Issuer, at
https://www.wisdomtree.eu/en-gb/resource-library/prospectus-and-regulatory-reports#tab-2A942D42-5AA1-
https://www.globenewswire.com/Tracker?data=Zx9yvsqgGPA5rn6DE1Gos7Su0Zrv3IygWA0HiglTLIEk-0mgwj0aFJruVEjCL6g-V4L-z9W20Ek4pXPJuTOVRUGYNhWESgni1u97b019f3VZH1DA6ZBmdvDdKK6Hn6pJ1FjtEakb_cr3V8kZkSgOywBTgdYCOnbZM4PJhl9Xg5VJwKjn5AIrKgHah_2URuhUAWKOiyuwRwTjBuYnWMnAXDSIHpp4ZxVhlyqytbYsgaSGunLlEwPkfv5otOPAPsEKcyjRnN_URf-5e-UJdruYRwOdi9xMPUAcT9s4WJKzDacmeIAsJ2lkE2RKSu3pAM7j
4008-9080-3C2DADB050A7
https://www.globenewswire.com/Tracker?data=YYilNvSN1j9pnLvx8PN0i9KQ0DtYnh8IKOytqg6iD7HpKM6BdcYY24ubmbSLkEupy4H558PIYfCEXlRSaF5h7WfrN5m5XsjEaaUHRt1PBpQ1GoQSTtEzJD_lJ6scTtSBBwgbnK5ZYTeHTZGtb1oWEf5lb61NTsYhnyvWzpXNrwKW6HPJ0EW92EYVdPLL4fUH_vkTYU6aAs0HkmK7-H3C3ln5dNjl6RFZx7rZTJQF6PU=
Holders of the Affected Securities are advised to check with any
bank, securities broker or other intermediary through which they
hold their Affected Securities when such intermediary would need to
receive instructions from a holder of Affected Securities in order
for such holder of Affected Securities to participate in the
Meeting by the deadlines specified in this circular. The deadlines
set by any such intermediary and each ICSD for the submission
instructions will be earlier than the relevant deadlines specified
in this circular.
In relation to the delivery instructions or obtaining voting
certificates or otherwise making arrangements for the giving of
voting instructions, in each case through the ICSDs, holders of the
Affected Securities should note the particular practice and policy
of the relevant ICSDs, including any earlier deadlines set by such
ICSD. The deadlines set by any intermediary or by the ICSDs will be
earlier than the deadlines set out in this circular.
Affected Securities Holders will be notified of the outcome of
the Meeting shortly thereafter.
(END) Dow Jones Newswires
December 15, 2021 07:00 ET (12:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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