Nomura Nikkei 225 Eur Hdg UCITS Last Trading and dealing dates UmbrellaTermination (8340L)

TIDMNXKE

RNS Number : 8340L

Nomura Nikkei 225 Eur Hdg UCITS

15 January 2021

Nomura NEXT FUNDS Ireland plc

32 Molesworth Street

Dublin 2

Ireland

Registration in Ireland. Company Number 547929. Registered Office: As above

An open-ended variable capital umbrella investment company with limited liability and segregated liability between sub-funds.

Directors: Brian Tiernan, Jean-Philippe Royer (France),

Mike Kirby, Shinichi Masuda (Japanese)

15 January 2021

Nomura NEXT FUNDS Ireland Plc, hereby announces that the Directors have resolved to terminate the Company in accordance with the terms of the Memorandum and Articles of Association of the Company (the "Articles"), with the termination thereof to take effect from 27, January 2021 (the "Exit Date"). In accordance with section 10.1.5 of the Articles, the Directors have resolved to terminate the Company on the basis that it is impracticable or inadvisable for the Company to continue to operate having regard to prevailing market conditions and the best interests of the Shareholders. Accordingly, the Directors are of the opinion that it is in the best interests of the Shareholders to wind down the Company

 
  Name of the ETFs           ISIN 
 Nikkei 225 EUR-Hedged       IE00BSKS1J57 
  UCITS ETF 
                            ------------- 
 Nikkei 225 USD-Hedged       IE00BSMSXM06 
  UCITS ETF 
                            ------------- 
 JPX-Nikkei 400 EUR-Hedged   IE00BVVSZ262 
  UCITS ETF 
                            ------------- 
 JPX-Nikkei 400 USD-Hedged   IE00BVVSZ379 
  UCITS ETF 
                            -------------

Therefore, in accordance with the above provisions of the M&A and the Prospectus of the Company, we hereby give notice of our intention, as Directors of the Company to:

i) cancel the listing of the ETFs and the right of the ETFs to be traded on any relevant stock exchanges with effect from 20 January 2021;

ii) terminate the ETFs with effect from 27 January 2021 and to proceed with the compulsory repurchase of all outstanding shares of the Company.

PROPOSED TIMETABLE

19 January 2021 Final Exchanges Trading Date

20 January 2021 Delisting Date from all Exchanges

22 January 2021 Dealing Deadline for Final Dealing Date

25 January 2021 Final Dealing Date (Voluntary Create/Redeem)

27 January 2021 Mandatory Redemption Trade Date

On or about 1 February 2021 Redemption Settlement Date

Yours faithfully

_________________

For and on behalf of

Director

Nomura NEXT FUNDS Ireland plc

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January 15, 2021 02:45 ET (07:45 GMT)

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