Boost Natural Gas 3X Leverage Daily Proposed Amendment to Principal Amount (9188J)
10 Abril 2015 - 11:49AM
UK Regulatory
TIDM3NGL
RNS Number : 9188J
Boost Natural Gas 3X Leverage Daily
10 April 2015
10 April 2015
LSE Code: 3NGL
BOOST ISSUER PUBLIC LIMITED COMPANY
(a public company incorporated with limited liability in
Ireland)
BOOST NATURAL GAS 3X LEVERAGE DAILY ETP SECURITIES
PROPOSED AMENDMENT TO THE PRINCIPAL AMOUNT OF THE AFFECTED
SECURITIES
MEETING OF THE ETP SECURITYHOLDERS
NOTICE is hereby given that, pursuant to the provisions of the
trust deed dated 20 December 2012 constituting (inter alia) the
Boost Natural Gas 3x Leverage Daily ETP Securities (the "Affected
Securities" with ISIN IE00B8VC8061) and made between (1) Boost
Issuer Public Limited Company (the "Issuer"), (2) The Law Debenture
Trust Corporation p.l.c. (the "Trustee") and (3) Boost Management
Limited (the "Manager"), a meeting of the holders of the Affected
Securities (the "Affected Securities Holders"), convened by the
Issuer, will be held at the offices of Capita International
Financial Services (Ireland) Limited in 2 Grand Canal Square, Grand
Canal Harbour, Dublin 2, Ireland on Friday 8 May 2015 at 11 a.m.
Irish Standard Time (the "Meeting").
The Meeting is being held to consider certain amendments, made
under the powers set out in clause 2 of schedule 7 of the master
trust deed of the Affected Securities, to documentation required to
effect a reduction in the principal amount of the Affected
Securities from USD 2.00 to USD 0.20. This follows the price of the
Affected Securities falling below 500 per cent. of its current
principal amount on 9 April 2015 (the "Threshold Event Date"), and
is designed to maintain the normal trading and operations of the
Affected Securities.
Affected Securities Holders will receive notification by post,
including a form of proxy allowing them to vote on the matters
being consider at the Meeting by proxy. Affected Securities Holders
may also access the notification and the form of proxy on the
website of the Issuer, at
www.boostetp.com/Content/Regulatory-Documents.
Affected Security Holders will be notified of the outcome of the
Meeting shortly thereafter.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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