LYXOR ETF - Important Information - ETF Liquidation 27/03/2020 - Lyxor J.P. Morgan Multi-Factor World Index UCITS ETF (1005969)
March 24 2020 - 2:20PM
UK Regulatory
Lyxor International Asset Management (LYXW)
LYXOR ETF - Important Information - ETF Liquidation 27/03/2020 - Lyxor J.P.
Morgan Multi-Factor World Index UCITS ETF
24-March-2020 / 18:20 GMT/BST
Dissemination of a Regulatory Announcement, 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 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 20, 2020,
Dear Shareholder,
The board of directors of the Company (the "Board") considers that the value
of the net assets in the sub-fund Lyxor J.P. Morgan Multi-factor World Index
UCITS ETF (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. Therefore, the Board has decided to liquidate
the Sub-Fund as specified in the 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 24/03/2020 25/03/2020 27/03/2020 30/03/2020
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 on the primary market within the Sub-Fund as from
March 25, 2020.
Listing of the Shares from all of the stock exchanges on which they are
listed will be suspended as from March 24, 2020 (after the close of the
stock exchanges).
Finally, the Board has decided that all the Shareholders will be compulsory
redeemed as of March 27, 2020 at the final Net Asset Value of March 27, 2020
calculated on March 30, 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.: 54400
EQS News ID: 1005969
End of Announcement EQS News Service
(END) Dow Jones Newswires
March 24, 2020 14:20 ET (18:20 GMT)
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