RNS Number : 6924N
Leverage Shares PLC
08 May 2024
 

 

NOTICE TO ETP SECURITYHOLDERS OF RESULT OF ADJOURNED MEETING

To the holders of the outstanding

Leverage Shares 3x NVIDIA ETP Securities

ISIN: IE00BK5BZR99

(the "ETP Securityholders" and the "ETPs" respectively)

of Leverage Shares plc (the "Issuer")

 

NOTICE IS HEREBY GIVEN to the holders of the above ETPs that, at the adjourned meeting of the ETP Securityholders held at 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, Ireland at 3.00 pm Dublin time on 8 May 2024 (the "Adjourned Meeting") the Extraordinary Resolution set out in Schedule 1 hereto was duly passed.

 

Yours sincerely

The Directors
Leverage Shares plc



SCHEDULE 1

EXTRAORDINARY RESOLUTION

"THAT this meeting of the holders of the Leverage Shares 3x NVIDIA ETP Securities of Leverage Shares plc currently outstanding (the "ETP Securityholders", the "ETP Securities" and the "Issuer" respectively) constituted by the master trust deed originally dated 5 December 2017 as most recently amended and restated on 16 August 2022 and as supplemented by a supplemental trust deed dated 03 June 2020 (the "Trust Deed") made between, among others, the Issuer and Apex Corporate Trustees (UK) Limited (the "Trustee") as trustee for the ETP Securityholders hereby resolves by way of Extraordinary Resolution to:

 

1.         assent to the Division and authorise and direct the Trustee to concur and agree to the Division and authorise and direct the Trustee and the Issuer, where applicable, to execute the Division Supplemental Trust Deed (the matters referred to above, the "Proposal");

2.         sanction every abrogation, modification, variation, compromise, waiver or arrangement in respect of the rights of the ETP Securityholders appertaining to the ETP Securities, whether or not such rights arise under the Trust Deed, involved in or resulting from or effected by the Proposal and its implementation or otherwise necessary or appropriate to carry out and give effect to the Proposal;

3.         waive any and all formalities described in and required by the Trust Deed, the ETP Securities, the Conditions and/or any other document relating to the ETP Securities in connection with the Proposal;

4.         authorise, direct, request and empower the Trustee and the Issuer to concur in the Proposal and, in order to give effect thereto and to implement the same, to execute the Division Supplemental Trust Deed and to execute and do, all such other deeds, instruments, acts and things as may be necessary, expedient, desirable or appropriate to carry out and give effect to this Extraordinary Resolution and the implementation of the Proposal;

5.         discharge and exonerate the Trustee and the Issuer from all and any liability for which they may have become or may become responsible under the Trust Deed or the ETP Securities in respect of any act or omission in connection with the Proposal, its implementation or this Extraordinary Resolution and its implementation;

6.         irrevocably and unconditionally waive any claim that we may have against the Trustee as a result of anything done or omitted to be done by the Trustee in good faith in connection with this (i) Extraordinary Resolution, (ii) the Division, (iii) the Division Supplemental Trust Deed and/or (iv) the Proposal;

7.         indemnify the Trustee, on demand, against any cost, loss or liability incurred in connection with (i) any act (or omission to act) or step implementing this Extraordinary Resolution, (ii) the Division, (iii) the Division Supplemental Trust Deed and/or (iv) the Proposal; unless such cost, loss or liability has been caused by the Trustee's fraud, gross negligence or wilful default; and

8.         acknowledge that capitalised terms used in this Extraordinary Resolution have the same meanings as those defined in the Notice of Adjourned Meeting and/ or the Trust Deed (including the Conditions of the ETP Securities), unless otherwise defined herein or unless the context otherwise requires."

 

 

 

                                                            

 

 

 

 

 

 

 

 

 

 

 

 

           

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