VanEck UCITS ETFs Plc - Delisting of one sub-fund
Official notice
Delisting of one sub-fund (the « Fund ») of the open-ended investment company with variable capital incorporated in Ireland
VanEck UCITS ETFs plc
(the « Company »)
The Company is an umbrella investment company with segregated liability between its sub-funds and with variable capital under the laws of Ireland and is authorised in Ireland as an undertaking for collective investment in transferable securities pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 and the European Union (Undertakings for Collective Investment in Transferable Securities) (Amendment) Regulations 2016 as amended and as may be further amended, supplemented or consolidated from time to time.
The investors are informed that the Directors of the Company have resolved to delist the following Fund:
Name of the Fund | ISIN Code |
VanEck Smart Home Active UCITS ETF | IE000FN81QD2 |
The Directors have been informed by the Manager that the investment advisor which was appointed to provide investment advisory services to the Fund, Dasym Managed Accounts B.V., has notified the Manager of its intention to terminate the investment advisory agreement. In light of the proposed termination of the investment advisory agreement and the assets under management of the Fund at a level which has been below the expectations since the Fund was launched on 5 November 2021 the Directors have considered the viability of the Fund in light of the “value for money” principles. After careful consideration and with the long-term interests of investors in mind, the Directors have resolved that it is in the best interest of the Fund and its investors as a whole to effect a total redemption of all remaining Shares in the Fund in accordance with the applicable provisions of the Constitution and the Prospectus.
The delisting of the above-mentioned Fund from London Stock Exchange will be applied for according to the regulatory standard for collective investment schemes per 20 August 2024.
The last trading day of the above-mentioned Fund on London Stock Exchange will be 19 August 2024.
The timetable for last trading day 19 August 2024 and delisting 20 August 2024 will be the same for the other exchanges at which the above-mentioned Fund is listed: Euronext Amsterdam, Deutsche Börse Xetra, Borsa Italiana, SIX Swiss Exchange and Euronext Dublin.
Company:
VanEck UCITS ETFs plc, 33 Sir John Rogerson’s Quay, Dublin 2, D02 XK09, Ireland.
Date : 19 July 2024
Contact person: Floor Klarenbeek
Phone: +31 20 719 51 11
e-mail: capitalmarketsEU@vaneck.com
VanEck UCITS ETFs plc 33 Sir John Rogerson’s Quay, Dublin 2 Ireland
| Registered in Dublin as an open-ended variable capital umbrella investment company with limited liability between sub-funds. Directors: Adrian Waters (IE), Mary Canning (IE), Gijsbert Koning (NL), Register Number: 548554 | Tel: + 35 31 485 4989 Fax: +49 69 4056695 69 www.vaneck.com |