November 3, 2021
LSE code: 3EUS
WISDOMTREE MULTI ACTIVE PUBLIC IDENTITY COMPANY ISSUER
(a public company incorporated with limited liability in Ireland)
TREE OF WISDOM SHORT DAY EURO STOXX 50® 3x SECURITIES
IS IN: IE00B8JF9153
PROPOSED MODIFICATION OF 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 EURO STOXX 50® 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 Securities Holders“), convened by the Issuer, will be held by virtual meeting on Friday November 26, 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 Assigned Securities. Affected Securities of 0.2 EUR. at € 0.02. This follows the price of the relevant Notes falling below 500 percent of their current principal amount on Thursday, October 28, 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 the principal amount of the titles concerned does NOT dilute a Affected Securities Incumbentholds or reduces the value of a Affected Securities Incumbentis holding.
- The reduction of the principal amount has NO negative impact on the ability of the investor to trade the Securities concerned.
- The reduction of the principal amount does NOT affect the amount of a Affected Securities Incumbent would receive, in practice, upon the redemption of the Securities concerned.
The Noteholders concerned can also access the notification, including the circular, on the Issuer’s website, at the address
Securityholders concerned are advised to check with a bank, securities broker or other intermediary through which they hold their relevant securities when such intermediary would need to receive instructions from a holder of the securities concerned so that the holder of the securities concerned participates 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 arrangement 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 precede the deadlines set in this circular.
Relevant Noteholders will be informed of the outcome of the Meeting shortly thereafter.