Leverage Shares PLC Intraday Rebalance -3x XPEV (4535C)
June 12 2023 - 12:14PM
UK Regulatory
TIDMXP3S TIDMSXPE TIDMSXEE
RNS Number : 4535C
Leverage Shares PLC
12 June 2023
Leverage Shares plc
12.06.2023
THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF
THE HOLDERS OF THE ETP SECURITIES. IF ANY ETP SECURITYHOLDER IS IN
ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD CONSULT
THEIR OWN INDEPENDENT PROFESSIONAL ADVISERS IMMEDIATELY
If you have recently sold or otherwise transferred your entire
holding(s) of ETP Securities referred to below, you should
immediately forward this document to the purchaser or transferee or
to the stockbroker, bank or other agent through whom the sale or
transfer was effected for transmission to the purchaser or
transferee.
NOTICE OF INTRADAY REBALANCE
Leverage Shares plc (the ("Issuer") hereby gives notice that at
11:21:06 EST on 12.06.2023 (the "Trigger Time"), the price of XPeng
Inc. ADR (XPEV) (the "Reference Asset") for the Leverage Shares -3x
Short Xpeng ETP (ISIN: XS2472332886) (the "ETP Securities") reached
a trading price of $10.35 on exchange (the "Trigger Value"),
representing a increase of 16.69% from its previous closing price
of $$8.87, thereby crossing the 16.67% set in the index methodology
for the iSTOXX 3x Inverse Leveraged XPEV Index (the "Index").
This event triggered an intraday rebalance of the Index, which
in turn triggered an intraday rebalance of the ETP Securities as
provided in the Prospectuses for the ETP Securities:
https://leverageshares.com/documents/prospectus/Leverage-Shares-Base-Prospectus-(FCA)-4-May-2023-Final.pdf?x95527
https://leverageshares.com/documents/prospectus/Leverage-Shares-Base-Prospectus-(CBI)-4-May-2023-Final.pdf?x95527
(the "Prospectuses").
Starting 5 minutes after the Trigger Time, the Issuer carried
out an intraday rebalance over the 10-minute period following the
Trigger Time using the Trigger Value as the reference (the
"Intraday Rebalance"), achieving an average price of $10.27183 and
setting an ETP Security Value of $0.51414 (the "Rebalanced ETP
Security Value").
Terms used but not defined in this notice shall bear the
meanings assigned to them in the Prospectuses.
If you have any queries arising from this notice, please contact
us at info@leverageshares.com .
Yours sincerely
The Directors
Leverage Shares plc
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCBLGDLBBBDGXD
(END) Dow Jones Newswires
June 12, 2023 12:14 ET (16:14 GMT)
-3x Short Xpeng (LSE:XP3S)
Historical Stock Chart
From Apr 2024 to May 2024
-3x Short Xpeng (LSE:XP3S)
Historical Stock Chart
From May 2023 to May 2024