Lyxor ETF - Lyxor Scientific Beta Developed Long/Short UCITS ETF - Liquidation

Lyxor International Asset Management (MFLS) 
Lyxor ETF - Lyxor Scientific Beta Developed Long/Short UCITS ETF - 
Liquidation 
 
12-Jul-2019 / 08:21 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. 
 
                           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 
 
                              (the "Company") 
 
                                     ") 
 
      _______________________________________________________________ 
 
  NOTICE TO THE SHAREHOLDERS OF Lyxor Scientific Beta Developed Long/Short 
                                 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 Scientific Beta Developed Long/Short 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 
     26th, 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 22nd, 2019 at 6:30 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 
exchanges on which they are listed will be effective as from July 18th, 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 26th, 2019 at the Net Asset Value calculated 
                                                         on July 29th, 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 [phone] - Email address: 
                                              [e-mail]. 
 
                                                            Yours sincerely, 
 
For the Board. 
 
ISIN:          LU1950341179 
Category Code: MSCH 
TIDM:          MFLS 
Sequence No.:  13251 
EQS News ID:   840467 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

July 12, 2019 03:22 ET (07:22 GMT)