LYXOR ETF - Liquidation - Lyxor FTSE Emerging Minimum Variance UCITS ETF

Lyxor International Asset Management (MVAM) 
LYXOR ETF - Liquidation - Lyxor FTSE Emerging Minimum Variance UCITS ETF 
 
22-Apr-2020 / 17:26 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 THE SUB-FUND Lyxor FTSE Emerging Minimum 
            Variance 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, April 8, 2020, 
 
            Dear Shareholder, 
 
The board of directors of the Company (the "Board") considers that the value 
of the net assets in the sub-fund Lyxor FTSE Emerging Minimum Variance 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. 
 
      Considering that the level of assets is not sufficient to carry out an 
    efficient replication of the FTSE Emerging Minimum Variance Index and in 
 accordance with article 34 of the Articles of Incorporation of the Company, 
  the Board has decided to liquidate the Sub-Fund as specified in the below: 
 
ISIN Code    Delisting on Primary      Liquidation  Final Net 
             the          Market       Day (Last    Asset Value 
             Secondary    Suspension   NAV close of Calculation 
             Market       (close of    the below    date 
             (close of    the below    days) 
             the below    days) 
             days) 
LU1237527673 22/04/2020   22/04/2020   27/04/2020   28/04/2020 
 
       Please note that any fees or costs incurred within the context of the 
            liquidation will be borne by the Sub-Fund. 
 
          Further, the Board has decided to suspend the Subscription and the 
 Redemption of Shares within the Sub-Fund as from April 22, 2020. Until such 
  date, the Shareholders may therefore continue to request the Redemption of 
    their Shares free of charge on the Primary Market in accordance with the 
     provisions of the Prospectus. 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 from all of the stock exchanges on which they 
 are listed will be effective as from April 22, 2020 (after the close of the 
            stock exchanges). 
 
  Finally, the Board has decided that all the remaining Shareholders will be 
    compulsory redeemed as of April 27, 2020 at the final Net Asset Value of 
            April 27, 2020 calculated on April 28, 2020. 
 
Any liquidation proceeds which cannot be distributed to Shareholders will be 
    deposited on their behalf with the Caisse de Consignation in Luxembourg. 
 
            This liquidation will be reflected in the Prospectus at the next 
            opportunity. 
 
  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:          LU1237527673, LU1237527673 
Category Code: MSCH 
TIDM:          MVAM 
Sequence No.:  59872 
EQS News ID:   1027741 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

April 22, 2020 12:26 ET (16:26 GMT)