OSSIAM WORLD MINIMUM VARIANCE NR: delisting and liquidation of the sub-fund

OSSIAM WORLD MINIMUM VARIANCE NR UCITS ETF (WDMV) 
OSSIAM WORLD MINIMUM VARIANCE NR: delisting and liquidation of the sub-fund 
 
05-Jun-2020 / 09:04 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
     OSSIAM LUX 
 
     Société d'investissement à capital variable 
 
 Registered office: 49 Avenue J.F. Kennedy, L-1855 Luxembourg - Grand Duchy 
     of Luxembourg 
 
     RCS Number B. 160 071 
 
     (the "Company") 
 
           Luxembourg, June 5, 2020, 
 
Dear Shareholders, 
 
 We would like to inform you that the board of directors of the Company (the 
     "Board") has resolved, in accordance with article 24 of the articles of 
incorporation of the Company, to liquidate the sub-fund OSSIAM WORLD MINIMUM 
     VARIANCE NR (ISIN: LU0799656342) (the "Sub-Fund") that has demonstrated 
   small levels of demand and assets under management, while focusing on key 
 areas of growth with the intention of bringing the sub-funds of the Company 
in line with current and future investor demand for better serving the needs 
           of shareholders. 
 
        The liquidation of the Sub-Fund will take place on July 8, 2020 (the 
           "Liquidation Date"). 
 
Due to the liquidation of the Sub-Fund, the Board has resolved to cancel the 
         listing of the share classes of the Sub-Fund on the following Stock 
        Exchanges with effect of the following dates (the "Delisting Date"). 
 
The Board has also resolved to cancel the right of the Sub-Fund to be traded 
         on the following Stock Exchanges with effect as of the business day 
           following the "Last Trading Date": 
 
                 Stock Exchange Last Trading Date Delisting Date 
      Luxembourg Stock Exchange 
 
                                July 7, 2020        July 8, 2020 
                 Euronext Paris 
          London Stock Exchange 
                 Borsa Italiana 
             SIX Swiss Exchange 
      Frankfurt Stock Exchange, 
                 Deutsche Börse 
 
         Redemption or subscription requests for shares in the Sub-Fund (the 
 "Shares") may be made in the usual manner for processing in accordance with 
  the prospectus of the Company (the "Prospectus") prior to the Last Trading 
     Date. Such redemptions will be free of redemption charge up to the Last 
   Trading Date. From the day after the Last Trading Date to the Liquidation 
           Date, no further subscriptions and redemptions will be accepted. 
Accordingly, the sale or purchase of Shares in the Sub-Fund on the secondary 
  market may only take place until the close of business on the Last Trading 
           Day. 
 
     Please note that the Company does not charge any redemption charge (the 
        "Redemption Charge") for the sale of Shares in the secondary market. 
   However, shareholders should note that orders in the secondary market may 
    incur costs over which the Company has no control and to which the above 
       disapplication of the Redemption Charge does not apply. Redemption or 
 subscription for Shares on the secondary market of the relevant above Stock 
           Exchanges will be possible until the Last Trading Date. 
 
 Following the liquidation of the Sub-Fund, the liquidation proceeds will be 
  distributed to the remaining shareholders proportionnally to the number of 
       Shares held by each shareholder prior to the liquidation. Liquidation 
       proceeds which may not be distributed to their beneficiaries upon the 
       implementation of the redemption will be deposited with the Caisse de 
  Consignation (the Luxembourg public trust office) on behalf of the persons 
           entitled thereto. 
 
Shareholders are informed that, by derogation of the provisions contained in 
          the Prospectus in the Chapter entitled "Charges and Expenses", the 
 liquidation expenses shall not be borne by the shareholders of the Sub-Fund 
   but will be borne by OSSIAM, acting as management company of the Company. 
 
      Shareholders are also informed that the next Prospectus will take into 
           account the liquidation of the Sub-Fund. 
 
  Any further information in relation to the termination of the Sub-Fund may 
           be obtained by sending an email to [e-mail]. 
 
       Shareholders should consult their own professional advisers as to the 
specific tax implications of the termination under the laws of the countries 
   of their nationality, residence, domicile or incorporation. If any of the 
       above is not clear you should seek advice from your stockbroker, bank 
  manager, legal adviser, accountant or other independent financial advisor. 
 
           Yours faithfully, 
 
The board of directors of Ossiam Lux 
 
ISIN:          LU0799656342 
Category Code: MSCH 
TIDM:          WDMV 
LEI Code:      549300AWGH9QKY37W566 
Sequence No.:  68190 
EQS News ID:   1063937 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

June 05, 2020 04:04 ET (08:04 GMT)