Compulsory Redemption Completion - FTX Token ETP

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The Issuer hereby informs the holders of the CoinShares FTX Physical FTX Token (CFTT) that, following the suspension of trading, the giving of the Termination Notice pursuant to Condition 8.1(a) (Compulsory Redemption on Termination) with respect to the CoinShares FTX Physical FTX Token (CFTT), the delisting from BX Swiss as of 25 November 2022 and from Xetra as of 15 December, 2022, the Issuer has completed the Compulsory Redemption and arranged for the sale the underlying FTT Digital Currency as per the Conditions.

Metadata

Provider:

EQS

Retrieved on:

Sunday, January 22, 2023

Information

Tags:

CFTT, Termination, USD, Digital, BX Swiss, FTT, Digital security, Condition, Sale, CREST, Security (finance), XETRA, Issuer

Geotags:

JERSEY GUERNSEY

⚠ partially generated by AI ↴

Organisation:

COINSHARES DIGITAL SECURITIES, COINSHARES DIGITAL SECURITIES LIMITED

Stock Symbol:

ISIN:GB00BNRRFJ82

Summary

Key Points:

The Issuer hereby informs the holders of the CoinShares FTX Physical FTX Token (CFTT) that, following the suspension of trading, the giving of the Termination Notice pursuant to Condition 8.1(a) (Compulsory Redemption on Termination) with respect to the CoinShares FTX Physical FTX Token (CFTT), the delisting from BX Swiss as of 25 November 2022 and from Xetra as of 15 December, 2022, the Issuer has completed the Compulsory Redemption and arranged for the sale the underlying FTT Digital Currency as per the Conditions.
The closing Coin Entitlement was 0.0990316377, and the underlying FTT has been sold for USD, resulting in proceeds of $0.10 USD per Digital Security, which will be distributed to the registered holders via CREST, with an expected settlement date of December 2022.
Terms used in this announcement and not otherwise defined bear the same meanings as where used in the base prospectus of the Issuer dated 20 April 2022.

CoinShares Digital Securities Limited

/ Key word(s): Miscellaneous

Compulsory Redemption Completion - FTX Token ETP

19.12.2022 / 18:40 CET/CEST

19 December 2022

CoinShares Digital Securities Limited

LEI: 549300DR7967WVLR3P83

CoinShares FTX Physical FTX Token

CoinShares Digital Securities Limited (the "Issuer") announces the completion of the compulsory redemption for CoinShares FTX Physical FTX Token securities.

Product Name	ISIN	WKN	Valour	Closing Coin Entitlement	USD per outstanding Digital Security
CoinShares FTX Physical FTX Token	GB00BNRRFJ82	A3GX39	CH117458440	0.0990316377	$0.10

The Issuer hereby informs the holders of the CoinShares FTX Physical FTX Token (CFTT) that, following the suspension of trading, the giving of the Termination Notice pursuant to Condition 8.1(a) (Compulsory Redemption on Termination) with respect to the CoinShares FTX Physical FTX Token (CFTT), the delisting from BX Swiss as of 25 November 2022 and from Xetra as of 15 December, 2022, the Issuer has completed the Compulsory Redemption and arranged for the sale the underlying FTT Digital Currency as per the Conditions.

The closing Coin Entitlement was 0.0990316377, and the underlying FTT has been sold for USD, resulting in proceeds of $0.10 USD per Digital Security, which will be distributed to the registered holders via CREST, with an expected settlement date of December 2022.

Terms used in this announcement and not otherwise defined bear the same meanings as where used in the base prospectus of the Issuer dated 20 April 2022.

For further information, please contact:

CoinShares Digital Securities Limited

2 Hill Street

St. Helier, Jersey,

JE24UA

Channel Islands

[email protected]

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

End of Media Release

Language:	English
Company:	CoinShares Digital Securities Limited
	2 Hill Street
	JE2 4UA St Helier
	Jersey Guernsey
Phone:	+44 1534513100
E-mail:	[email protected]
Internet:	https://coinshares.com/
ISIN:	GB00BNRRFJ82, GB00BNRRFW10
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; SIX Swiss Exchange
EQS News ID:	1516941


End of News	EQS News Service

1516941 19.12.2022 CET/CEST