PTO3 3x Pton

TIDMPTO3 TIDM3PTO TIDM3PTE

RNS Number : 5600R

Leverage Shares PLC

05 November 2021

Leverage Shares plc

5 November 2021

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 notice 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 to ETP Securityholders of the following series of ETP Securities issued by Leverage Shares plc (the "Issuer")

Leverage Shares 3x Peloton Alphabet ETP Securities (ISIN: XS2337088012)

(the "Relevant Series")

NOTICE OF INTRADAY REBALANCE AND ISSUER CALL REDEMPTION

Capitalised terms used, but not defined, in this notice shall have the meaning given thereto in the Amended and Restated Master Definitions Schedule dated 18 December 2020 in relation to the Issuer's collateralised exchange traded securities programme.

The Issuer hereby gives notice of the following:

1. At 9:30 ET on 5 November 2021 (the "Trigger Time"), the price of Peloton Interactive, Inc., the Reference Asset for the Relevant Series reached a trading price of US$57.13 on exchange (the "Trigger Value"), representing a drop of 33.62% from its previous closing price of US$ 86.06, thereby crossing the 16.67% as set out in the index methodology for the iSTOXX Leveraged 3x PTON Index.

The event triggered an intraday rebalance of the Index, which in turn triggered an intraday rebalance of the ETP Securities of the Relevant Series as provided for in the Base Prospectus of the Issuer.

The Issuer carried out an intraday rebalance following the Trigger Time, selling all the shares in the Reference Asset and achieving an average price of $57.35 and setting an ETP Security Value below $0.0.

2. In accordance with Condition 8.6 of the Terms and Conditions of the ETP Securities of the Relevant Series, the Issuer hereby gives notice of redemption (the "Issuer Call Redemption Notice") of all the outstanding ETP Securities of the Relevant Series effective on 11 November 2021 (the "Mandatory Redemption Date").

Since the intraday rebalance described above resulted in the Collateral Assets in the Margin Account for the Relevant Series becoming 100% cash and ETP Security Value being negative, the Mandatory Redemption Amount payable per ETP Security will be equal to $0.01, it being the Principal Protection Amount of such ETP Security

If you have any queries arising from this notice, please contact us at info@leverageshares.com .

Yours sincerely

The Directors

Leverage Shares plc

http://www.rns-pdf.londonstockexchange.com/rns/5600R_1-2021-11-5.pdf

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END

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(END) Dow Jones Newswires

November 05, 2021 13:31 ET (17:31 GMT)

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