- Oops!Something went wrong.Please try again later.
Lyxor International Asset Management (BNKU)
MULTI UNITS Luxembourg
Société d'investissement à capital variable
Registered Office : 28-32 Place de la Gare L-1616 Luxembourg
RCS Luxembourg B 115 129
NOTICE TO THE SHAREHOLDERS OF THE SUB-FUND Lyxor S&P 500 Banks UCITS ETF (ISIN CODE: LU1829221966)
Terms not specifically defined herein shall have the same meaning as in the Articles of Incorporation and in the latest Prospectus of the Company.
Luxembourg, April 02, 2021,
The board of directors of the Company (the "Board") considers that the value of the net assets under management of the Lyxor S&P 500 Banks UCITS ETF (the "Sub-Fund") remains limited while prospective investors show interest in other investment products proposed by the Company. Therefore and in accordance with article 34 of the Articles of Incorporation, the Board has decided to liquidate the Sub-Fund as detailed below:
Please note that any fees or costs incurred within the context of the liquidation will be borne by the Sub-Fund.
Further to the above, the Board has decided to suspend the subscription and the redemption of Shares within the Sub-Fund as from April 28, 2021 on the Secondary Market and as from April 29, 2021 on the Primary Market.
The delisting of the Shares from all of the stock exchanges on which they are listed will be effective as from April 28, 2021 (after the close of the stock exchanges).
Finally, the Board has decided that all the remaining Shareholders will be compulsory redeemed as of May 05, 2021 at the final Net Asset Value of May 05, 2021 calculated on May 06, 2021.
The Board draws the attention of Shareholders to the fact that for Shares sold on any exchange where the share classes of the Sub-Fund are listed, market intermediaries may charge broker fees, and taxes may be levied if applicable.
Any liquidation proceeds which cannot be distributed to Shareholders will be deposited on their behalf with the Caisse de Consignation in Luxembourg.
This liquidation will be reflected in the Prospectus at the next opportunity.
For any questions, do not hesitate to contact Lyxor Client Services at the following contact details: Phone number +33 1 42 13 42 14 - Email address: firstname.lastname@example.org.
For the Board.
EQS News ID:
End of Announcement
EQS News Service