VanEck ETFs N.V. Notice of delisting from London Stock Exchange of Sub-funds of VanEck ETFs N.V
13 Noviembre 2023 - 4:50AM
UK Regulatory
TIDMTCBT TIDMTCGB TIDMVAAA TIDMTAGB TIDMTGBT TIDMTGBG
Notice of delisting from London Stock Exchange of the VanEck iBoxx EUR
Corporates UCITS ETF, VanEck iBoxx EUR Sovereign Diversified 1-10 UCITS ETF and
VanEck iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF, Sub-funds of VanEck ETFs
N.V.
Amsterdam, 10 November 2023
Dear Shareholder,
please note that as of 12 December 2023, the following "Sub-funds" of VanEck
ETFs N.V., will be delisted from the London Stock Exchange ("LSE"):
- VanEck iBoxx EUR Corporates UCITS ETF (ISIN: NL0009690247);
- VanEck iBoxx EUR Sovereign Diversified 1-10 UCITS ETF (ISIN: NL0009690254);
- VanEck iBoxx EUR Sovereign Capped AAA-AA 1-5 UCITS ETF (ISIN: NL0010273801)
Please note that the corresponding LSE tickers/TIDM are the following: TCBT,
TCGB, TGBT, TGBG, VAAA, TAGB.
Background
VanEck regularly reviews its product range and distribution capacity in order to
adapt them to the needs of investors and the product demand. Following the last
review, it was decided to discontinue the listing of the Sub-funds in the United
Kingdom. VanEck remains committed to providing a broad range of VanEck ETFs
listed in London Stock Exchange.
Timeline
For the secondary market orders, the last day for trading on LSE is 11 December
2023 ("Final Exchange Trading Date").
The Sub-funds will be delisted from London Stock on 12 December 2023 ("Delisting
Date"). Investors should be aware about the delisting of the Sub-funds at least
20 business days in advance.
From the date of this notice until the day previous to the Delisting Date, the
Sub-funds can be traded normally. As of the Delisting Date, investors can
continue to hold Shares in the delisted Sub-funds but you will no longer be able
to trade those on LSE. Therefore, should you wish to sell your shares after the
Delisting Date, you will need to transfer those shares to a different Exchange
on which the Sub-funds are listed. Please note that at least one listing on
another European Exchange will be maintained.
Costs
There are no additional costs for the investors due to the delisting of the Sub
-funds from London Stock Exchange.
For more information, please reach out to VanEck's Capital Markets Team at
capitalmarketsEU@vaneck.com. It is advised to consult your professional advisor
with regards to suitability and possible tax implication.
Yours faithfully,
VanEck Asset Management B.V.
The Board of Directors
For and on behalf of
VanEck ETFs N.V.
This information was brought to you by Cision http://news.cision.com
END
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November 13, 2023 05:50 ET (10:50 GMT)
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