Compulsory Redemption of WisdomTree WTI Crude Oil 3x Daily Short
22 Abril 2020 - 4:14AM
Compulsory Redemption of WisdomTree WTI Crude Oil 3x Daily Short
WisdomTree Multi Asset Issuer PLC LEI:
2138003QW2ZAYZODBU2322 April 2020
WisdomTree Multi Asset Issuer PLC (the
“Issuer”)
Compulsory Redemption of WisdomTree WTI Crude
Oil 3x Daily Short (the “Impacted Product”)
The Issuer announces that due to movements in
oil prices overnight, a Severe Overnight Gap Event has occurred and
the Swap Provider has served on the Issuer a Transaction Early
Termination Notice with respect to the Impacted Product.
Application has been made to the London Stock
Exchange, Borsa Italiana and Deutsche Boerse (being the exchanges
where the Impacted Products are admitted to trading) to request the
Impacted Product be suspended with immediate effect and
delisted.
Accordingly the Issuer hereby announces pursuant
to Condition 8.8(A) of the Conditions that all ETP Securities
of the Impacted Product are to be redeemed compulsorily and today,
the 22nd April 2020 will be the Compulsory Redemption Date for the
Impacted Product. Accordingly, the Impacted Product will be
subject to compulsory redemption in accordance with Condition
8.8.
Pursuant to the Conditions, the Compulsory
Redemption Amount per ETP Security is USD 8.1854041.
The Issuer will make a further announcement to
confirm the date on which the Issuer will pay out such amounts (the
“Compulsory Settlement Redemption Date”).
All other classes of ETP Securities issued by
the Issuer will continue to be priced and will continue to trade in
their normal manner.
Terms used in this notice and not otherwise
defined bear the same meanings as where used in the base prospectus
of the Issuer dated 3 September 2019.
Details of the Impacted Product are set out
below:
Name |
Compulsory Redemption Amount per ETP Security (USD) |
ISIN |
Exchange |
Exchange Ticker |
SEDOL |
Bloomberg Ticker |
Reuters Instrument Code |
WisdomTree WTI Crude Oil 3x Daily Short |
8.1854041 |
IE00B7SX5Y86 |
LSE |
3OIS |
B7SX5Y8 |
3OIS LN |
3OIS.L |
IE00B7SX5Y86 |
LSE |
3SOI |
B93S177 |
3SOI LN |
3SOI.L |
IE00B7SX5Y86 |
Borsa Italiana |
3OIS |
BD3CT17 |
3OIS IM |
3OIS.MI |
DE000A133ZV2 |
XETRA |
O1LS |
BSJCN81 |
O1LS GY |
O1LS.DE |
Further information is available on the website
of WisdomTree Multi Asset Issuer PLC at www.wisdomtree.eu or by
email to infoeu@wisdomtree.com
For and on behalf ofWisdomTree Multi Asset
Issuer plc
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