LYXOR ETF - Important Information - ETF Liquidation 13/03/2020 - 1 Funds (996059)
March 12 2020 - 12:24PM
UK Regulatory
Lyxor International Asset Management (LYXW)
LYXOR ETF - Important Information - ETF Liquidation 13/03/2020 - 1 Funds
12-March-2020 / 16:24 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.
LYXOR Index Fund
Société d'Investissement à Capital Variable
Registered office: 28-32, place de la Gare, L-1616 Luxembourg
RCS Luxembourg B 117.500
(the "Company")
_______________________________________________________________
NOTICE TO THE SHAREHOLDERS OF THE SUB-FUND Lyxor J.P. Morgan Multi-factor
World Index UCITS ETF
Terms not specifically defined herein shall have the same meaning as in the
articles of incorporation and in the latest Prospectus of the Company or any
supplement.
Luxembourg, March 12, 2020,
Dear Shareholder,
The publication of the J.P. Morgan Equity Risk Premia - Europe Multi Factor
Long Only (EUR) Index has been suspended as from February 28, 2020 and the
value of the net assets in the Sub-Fund has decreased to an amount
determined by the Board to be below the minimum level for the Sub-Fund to be
operated in an economically efficient manner, the board of directors of the
Company (the "Board") in accordance with article 34 of the Articles of
Incorporation of the Company has decided to liquidate Lyxor J.P. Morgan
Multi-factor Europe Index UCITS ETF (the "Sub-Fund") in accordance with the
timeframe below:
ISIN Code Suspension Primary Liquidation Final Net
on the Market Day (Last NAV Asset Value
Secondary Suspension close of the Calculation
Market (close of below days) date
(close of the below
the below days)
days)
LU1348962132 06/03/2020 02/03/2020 13/03/2020 16/03/2020
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 March 2, 2020.
Listing of the Shares from all of the stock exchanges on which they are
listed will be suspended as from March 6, 2020 (after the close of the stock
exchanges).
Finally, the Board has decided that all the Shareholders will be compulsory
redeemed as of March 13, 2020 at the final Net Asset Value of March 13,2020
calculated on March 16, 2020.
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.
ISIN: LU1348962132, LU1348962132
Category Code: MSCH
TIDM: LYXW
Sequence No.: 52017
EQS News ID: 996059
End of Announcement EQS News Service
(END) Dow Jones Newswires
March 12, 2020 12:24 ET (16:24 GMT)
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