Lyxor International Asset Management (DOSH)
Lyxor ETF - FTSE UK Quality Low Vol Dividend (DR) UCITS ETF - Liquidation
12-Jul-2019 / 08:07 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
LYXOR Index Fund
Société d'Investissement à Capital Variable
Registered office: 28-32, place de la Gare, L-1616 Luxembourg
RCS Luxembourg B 117.500
(the "Company")
_______________________________________________________________
NOTICE TO THE SHAREHOLDERS OF Lyxor FTSE UK Quality Low Vol Dividend (DR)
UCITS ETF
Terms not specifically defined herein shall have the same meaning as in the
articles of incorporation and in the latest Prospectus of the Company or any
supplement.
Luxembourg, June 25th, 2019
Dear Shareholder,
The board of directors of the Company (the "Board") considers that the value
of the net assets in the Lyxor FTSE UK Quality Low Vol Dividend (DR) UCITS
ETF (the "Sub-Fund") has decreased to an amount determined by the Board to
be below the minimum level for the Sub-Fund to be operated in an
economically efficient manner.
Therefore, in accordance with article 34 of the articles of incorporation of
the Company, the Board has decided to liquidate the Sub-Fund as of July
25th, 2019 and to set the last Net Asset Value for the Sub-Fund at this
date.
Please note that any fees or costs incurred within the context of the
liquidation will be borne by the Management Company.
The Board has decided that after July 19th, 2019 at 5 p.m. CET the issue and
the redemption of Shares within the Sub-Fund will be suspended. Until such
date, Shares within the Sub-Fund may be redeemed. For Shares sold on any
exchange where the Sub-Fund is listed, market intermediaries may charge
broker fees, and taxes may be levied if applicable.
The delisting of the Shares within the Sub-Fund from all of the stock e
xchanges on which they are listed will be effective as from July 17th, 2019
(after the close of the stock exchanges).
Finally, the Board has decided that all the remaining Shareholders will be
compulsory redeemed as of July 25th, 2019 at the Net Asset Value calculated
on July 26th, 2019.
Any liquidation proceeds which cannot be distributed to Shareholders will be
deposited on their behalf with the Caisse de Consignation in Luxembourg.
The Board would also like to inform the Shareholders of the existence of
other funds, managed by the Management Company in which the Shareholders
could invest.
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:
client-services-etf@lyxor.com.
Yours sincerely,
For the Board.
ISIN: LU1950341179
Category Code: MSCH
TIDM: DOSH
Sequence No.: 13240
EQS News ID: 840439
End of Announcement EQS News Service
(END) Dow Jones Newswires
July 12, 2019 03:09 ET (07:09 GMT)
