Lyxor ETF - Lyxor S&P 500 Banks UCITS ETF - Liquidation on 05/05/2021 (1187346)
April 21 2021 - 11:40AM
UK Regulatory
Lyxor International Asset Management (BNKU)
Lyxor ETF - Lyxor S&P 500 Banks UCITS ETF - Liquidation on 05/05/2021
21-Apr-2021 / 16:39 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014
(MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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MULTI UNITS Luxembourg
Société d'investissement à capital variable
Registered Office : 28-32 Place de la Gare L-1616 Luxembourg
RCS Luxembourg B 115 129
(the "Company")
_______________________________________________________________
NOTICE TO THE SHAREHOLDERS OF THE SUB-FUND Lyxor S&P 500 Banks UCITS ETF (ISIN CODE: LU1829221966)
Terms not specifically defined herein shall have the same meaning as in the Articles of Incorporation and in the latest
Prospectus of the Company.
Luxembourg, April 02, 2021,
Dear Shareholder,
The board of directors of the Company (the "Board") considers that the value of the net assets under management of the
Lyxor S&P 500 Banks UCITS ETF (the "Sub-Fund") remains limited while prospective investors show interest in other
investment products proposed by the Company. Therefore and in accordance with article 34 of the Articles of
Incorporation, the Board has decided to liquidate the Sub-Fund as detailed below:
Suspension on the Secondary Primary Market Suspension Liquidation Day (Last NAV Final Net Asset
ISIN Code Market (close of the below (close of the below days) close of the below days) Value Calculation
days) date
LU1829221966 28/04/2021 29/04/2021 05/05/2021 06/05/2021
Please note that any fees or costs incurred within the context
of the liquidation will be borne by the Sub-Fund.
Further to the above, the Board has decided to suspend the
subscription and the redemption of Shares within the Sub-Fund as
from April 28, 2021 on the Secondary Market and as from April 29,
2021 on the Primary Market.
The delisting of the Shares from all of the stock exchanges on
which they are listed will be effective as from April 28, 2021
(after the close of the stock exchanges).
Finally, the Board has decided that all the remaining
Shareholders will be compulsory redeemed as of May 05, 2021 at the
final Net Asset Value of May 05, 2021 calculated on May 06,
2021.
The Board draws the attention of Shareholders to the fact that
for Shares sold on any exchange where the share classes of the
Sub-Fund are listed, market intermediaries may charge broker fees,
and taxes may be levied if applicable.
Any liquidation proceeds which cannot be distributed to
Shareholders will be deposited on their behalf with the Caisse de
Consignation in Luxembourg.
This liquidation will be reflected in the Prospectus at the next
opportunity.
For any questions, do not hesitate to contact Lyxor Client
Services at the following contact details: Phone number +33 1 42 13
42 14 - Email address: client-services-etf@lyxor.com.
Yours sincerely,
For the Board.
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ISIN: LU1829221966
Category Code: MSCH
TIDM: BNKU
Sequence No.: 100393
EQS News ID: 1187346
End of Announcement EQS News Service
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