3SRR – Early Redemption Event

Topic: Industrials
Publication Type: Articles

The Value per ETP for the GraniteShares 3x Short Rolls-Royce Daily ETP has been less than 200% of the Minimum Redemption Amount on two consecutive Scheduled Valuation Days.  In application of Condition 8 (d) (vii) such occurrence represents an Early Redemption Event for which the Issuer has given notice to Securityholders through an RNS announcement.

As of 10 November 2020, it is expected that the Early Redemption Amount will be determined after market close on 11 November 2020 and notified through an RNS announcement that the Issuer expects to release on 12 November 2020.  This RNS announcement will also be posted on graniteshares.com.  Proceeds are expected to be transferred to the clearing system on 17 November (Early Redemption Date) after which they will be distributed.

Early Redemption Amount 11 November 2020. To be announced on 12 November 2020
Early Redemption Date 17 November 2020