NOTICE TO ETP SECURITYHOLDERS OF RESULT OF ADJOURNED
MEETING
To the holders of the
outstanding
Leverage Shares 2x Microsoft
ETP Securities
ISIN:
IE00BF03XY85
(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 4.00 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 2x Microsoft 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 07 December 2017 (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."