September 15, 2021
LSE code: 3NGS
WISDOMTREE MULTI ACTIVE PUBLIC IDENTITY COMPANY ISSUER
(a public company incorporated with limited liability in Ireland)
TREE OF WISDOM NATURAL GAS 3X DAILY SHORT SECURITIES
IS IN: IE00B76BRD76
PROPOSALOF AMENDMENT TO THE MAIN AMOUNT OF ALLOCATED SECURITIES
MEETING OF ETP SECURITY HOLDERS
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If in doubt about what action to take, it is recommended that you consult your independent financial advisor.
NOTICE is hereby given that, pursuant to the provisions of the Indenture dated November 30, 2012 (as amended) constituting (among others) the WisdomTree Natural Gas 3x Daily Short Securities (the “Securities concerned“) and entered into between (1) WisdomTree Multi Asset Issuer Public Limited Company (the”Transmitter“), (2) The Law Debenture Trust Corporation plc (the”Curator“) and (3) WisdomTree Multi Asset Management Limited (the”Director“), a meeting of the holders of the Relevant Notes (the”Affected Securityies Holders“), convened by the Issuer, will be held by means of a virtual meeting on Friday 8 October 2021 at 11 a.m. local time (the”Meeting“).
The Meeting is required to consider certain amendments, made by virtue of the powers set out in clause 2 of appendix 7 of the main trust deed of the Allocated Securities, to the documentation required to effect a reduction in the principal amount of the Affected Securities of 0.2 USD. to 0.02 USD. This follows the fall in the price of the relevant Notes below 500% of their current principal amount on Friday, September 10, 2021 (the “”Threshold event date“).
In a scenario where the vote is not passed, if the price then falls below 200% of the principal amount no later than 60 days from the date of the threshold event, then a mandatory redemption event will be triggered and the issuer will be required to compulsorily redeem all the security holders concerned.
In order to maintain normal trading and operations of the Affected Notes and to avoid the triggering of a forced redemption event, the Issuer considers that the principal amount of the Affected Notes should be reduced.
The reduction in the principal amount will not affect the price of the Affected Notes since the price is calculated by reference to the underlying index and not to the principal amount of the Affected Notes.
It is important to note that:
The reduction of pmain aascend of the titles concerned does NOT dilute a Affected Securityies Incumbentholds or reduces the value of a Affected Securityies Incumbentis holding.
The reduction of pmain aascend has NO negative impact on the ability of the investor to trade the Securities concerned.
The reduction of pmain aascend does NOT affect the amount of a Affected Securityies Incumbent would receive, in practice, upon the redemption of the Securities concerned.
Affected Noteholders can also access the notification, including the circular, on the Issuer’s website, at the address
Holders of Relevant Notes are advised to check with any bank, securities broker or other intermediary through which they hold their Targeted Notes when this intermediary would need to receive instructions from a holder of Relevant Notes so that this target holder of Securities may participate in the Meeting within the time limits specified in this circular. The deadlines set by such intermediary and each ICSD for submission instructions will be earlier than the relevant deadlines specified in this Circular.
With regard to delivery instructions or obtaining voting certificates or any other arrangements for the transmission of voting instructions, in each case through the ICSD, the holders of the Affected Notes should take note of the particular practice and policy of the ICSDs concerned, including any earlier deadlines set by such ICSD. The deadlines set by any intermediary or by the ICSDs will be earlier than the deadlines set in this circular.
Relevant Noteholders will be informed of the outcome of the Meeting shortly thereafter.