Issue Specific Summary. Application has been made to the Financial Conduct Authority (“FCA”) for the ETP Securities to which these Final Terms apply to be admitted to the Official List of the FCA. Application has been made to the London Stock Exchange for the ETP Securities to which these Final Terms apply to be admitted to trading on the Main Market of the London Stock Exchange. Application has been made for the Series of ETP Securities to which these Final Terms apply to be admitted to listing and trading on Euronext Amsterdam, the regulated market operated by Euronext Amsterdam. Application has been made for the Series of ETP Securities to which these Final Terms apply to be admitted to listing and trading on Euronext Paris, the regulated market operated by Euronext Paris. What are the key risks that are specific to the Securities? AN INVESTMENT IN ETP SECURITIES INVOLVES A SIGNIFICANT DEGREE OF RISK. The following are the key risk factors which should be carefully considered by prospective investors before deciding whether to invest in ETP Securities. Investors should consult their own financial, legal, accounting and tax advisors about the risks of an investment in ETP Securities. Market price of the ETP Securities: The ETP Securities may have a long term and the Final Redemption Date could be up to 50 years from the original Issue Date of the Series. The only means through which an investor will be able to realise value from an ETP Security prior to their Final Redemption Date will be to sell it at its then market price in a secondary market transaction. Market-making by Authorised Participants: Investors are dependent on there being one or more Authorised Participants making a market in ETP Securities in order to provide investors with liquidity. Investors should be aware that no Authorised Participant is obliged to make a market for any Series of ETP Securities and in circumstances where an Authorised Participant acts a market maker with respect to any Series of ETP Securities, such Authorised Participant may discontinue making a market at any time. If there are no Authorised Participants, or the Authorised Participant(s) fail to effectively make a market in the ETP Securities of a Series, the investors may not be able to sell any such ETP Securities within a short time period, or at a price close to the ETP Security Value for that Series. If investors are unable to sell the ETP Securities they will be unable to realise their investment until the final redemption date.
Issue Specific Summary. The Issuer has appointed the following service providers in respect of the ETP Securities: Apex Corporate Trustees (UK) Limited will act as trustee (the “Trustee”); GWM Limited will act as portfolio administrator (the “Portfolio Administrator”); Interactive Brokers LLC will act as margin loan provider (the “Margin Loan Provider); Leverage Shares Management Company Limited will act as the arranger; Elavon Financial Services DAC will act as issuing and paying agent; Elavon Financial Services DAC will act as registrar; Calculation Agent Services LLC will act as determination agent; GWM Limited will act as the broker dealer of record; and
Issue Specific Summary. An offer of the ETP Securities that is not within an exemption from the requirement to publish a prospectus under the Regulation (EU) 2017/1129 during the relevant offer period may be made in Ireland, the United Kingdom, Italy, Germany, France, Spain and the Netherlands. Why is this prospectus being produced? The reasons for the offer and use of proceeds are profit making and/or hedging.
Issue Specific Summary. ETP Securities linked to an Investment Strategy: Each ETP Security will be linked to the performance of the Reference Assets referenced by such Investment Strategy. Investors have no ownership rights in any Reference Assets of an Investment Strategy. The amount payable on redemption of the ETP Securities will depend on the liquidation of the Collateral Assets in relation to that Series.
Issue Specific Summary. The estimated net amount of the proceeds of issuance is USD 200000. The Issuer will invest the net proceeds of issuance in the Reference Assets referenced by the relevant Index or Investment Strategy of the Series in order to replicate (to the degree practicable) the return of the Index referenced by the Series or pursue the Investment Strategy of the Series. Amounts standing to the credit of the Margin Account from time to time, to the extent not required to be invested in Reference Assets to replicate the return of the Index or to pursue the Investment Strategy, may at the discretion of the Portfolio Administrator be maintained as cash balances in the Margin Account or invested in Ancillary Assets. The offer of ETP Securities is not subject to an underwriting agreement on a firm commitment basis.
Issue Specific Summary. A Introduction and Warnings This summary should be read as an introduction to the base prospectus of Leverage Shares plc (the “Base Prospectus” and “the Issuer”). Any decision to invest in the ETP Securities (as defined below) should be based on consideration of the Base Prospectus as a whole by the investor. AN INVESTOR MAY LOSE THE VALUE OF ITS ENTIRE INVESTMENT OR PART OF IT. Where a claim relating to the information contained in the Base Prospectus is brought before a court, the plaintiff investor might, under the national legislation of the Member States, have to bear the costs of translating the Base Prospectus before the legal proceedings are initiated. Civil liability attaches only to those persons who have tabled the summary including any translation thereof, but only if the summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read together with the other parts of the Base Prospectus, key information in order to aid investors when considering whether to invest in the ETP Securities. Issuer: Leverage Shares Plc, 2nd Floor, Block 0, Xxxxx Xxxx Xxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxx 0, X00 X000, Ireland. Website: xxxxx://xxxxxxxxxxxxxx.xxx Telephone: +000 0 0000000 LEI: 635400TLFJSNHVSOFH59 Competent Authority: Central Bank of Ireland, New Wapping Street, North Wall Quay, Dublin 1, Ireland Website: xxxxx://xxxxxxxxxxx.xx Telephone: + 000 (0) 0 000 0000 Financial Conduct Authority, 00 Xxxxxxxxx Xxxxxx, Xxxxxx X00 0XX Website: xxxxx://xxx.xxx.xx Telephone: +00 000 000 0000 Date of approval of the Base Prospectus: 7 December 2021
Issue Specific Summary. The estimated net amount of the proceeds of issuance is USD 200000.00. The Issuer will use the proceeds of issuance to fund the related Margin Accounts as may be required to maintain positions in the Reference Assets in order to replicate (to the degree practicable) the return of the Index or to pursue the Investment Strategy referenced by the Series taking into account the applicable Leverage Factor. Amounts standing to the credit of the Margin Account may also, at the discretion of the Portfolio Administrator, be maintained as cash balances in the Margin Account or invested in Ancillary Assets. The offer of ETP Securities is not subject to an underwriting agreement on a firm commitment basis.
Issue Specific Summary. The Issuer has appointed the following service providers in respect of the ETP Securities: • Apex Corporate Trustees (UK) Limited will act as trustee (the “Trustee”); • GWM Limited will act as portfolio administrator (the “Portfolio Administrator”); • Interactive Brokers Ireland Limited and/or Xxxxxxx Xxxxx & Co. LLC will act as margin loan provider (the “Margin Loan Provider(s)”); • Leverage Shares Management Company Limited will act as the arranger; • Elavon Financial Services DAC will act as issuing and paying agent; • Elavon Financial Services DAC will act as registrar; • Calculation Agent Services LLC will act as determination agent; • GWM Limited will act as broker dealer of record;
Issue Specific Summary. An offer of the ETP Securities that is not within an exemption from the requirement to publish a prospectus under the United Kingdom’s version of Regulation (EU) No 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, during the relevant period may be made in the United Kingdom. Why is this prospectus being produced? The reasons for the offer and use of proceeds are profit making and/or hedging.
Issue Specific Summary. The Issuer has appointed the following service providers in respect of the ETP Securities: Apex Corporate Trustees (UK) Limited will act as trustee (the “Trustee”); GWM Limited will act as portfolio administrator (the “Portfolio Administrator”); Interactive Brokers LLC will act as margin loan provider (the “Margin Loan Provider); Leverage Shares Management Company Limited will act as the arranger; Elavon Financial Services DAC will act as issuing and paying agent; Elavon Financial Services DAC will act as registrar; Calculation Agent Services LLC will act as determination agent; GWM Limited will act as the broker dealer of record; and GWM Limited is the authorised participant. What is the key financial information regarding the Issuer? Statement of Comprehensive income of Leverage Shares plc for the financial period 1-Jul-19 to 30-Jun-20 USD - Audited 1-Jul-18 to 30-Jun-19 USD - Audited Net profit/(loss) 0 0 Statement of financial position of Leverage Shares plc for the financial period ended 30-Jun-20 USD - Audited 30-Jun-19 USD- Audited Total Assets 35,113,428 11,463,915 Total Liabilities 35,086,063 11,436,550 Financial Assets designated at fair value through profit or loss 28,798,446 11,358,467 Derivative financial assets 0 0 Financial liabilities designated at fair value through profit or loss 19,180,104 5,668,141 Derivative financial liabilities 0 0 What are the key risks that are specific to the Issuer? The Issuer is a special purpose vehicle: The Issuer is a special purpose vehicle with the sole business of issuing ETP Securities. The Issuer's only funds to make payments in respect of a Series of ETP Securities are the amounts received by the Issuer from the realisation of the Collateral Assets (as defined below). For each Series, the Issuer will create security over the Collateral Assets in respect of that Series for the benefit of, amongst others, the ETP Securityholders of that Series. In the event that the security created by the Issuer is enforced, and the proceeds of such enforcement are, after making payment to all senior ranking creditors, insufficient to pay all amounts due to such ETP Securityholders in full, the Issuer shall have no liability, obligation or debt for any shortfall in payment and none of the ETP Securityholders or the Trustee (or any other party acting on their behalf) may take any further action to recover such amounts. Claims of the Margin Loan Provider: Investors should be aware that the New York law go...
