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Apr. 03, 2023 TSE Designation of Securities Under Supervision (Confirmation): UBS ETF EURO STOXX 50 UCITS ETF-JDR and 9 Other Issues
TSE has designated issues as Securities Under Supervision (Confirmation) as follows.
| １．Issue Name | UBS ETF EURO STOXX 50 UCITS ETF-JDR beneficiary certificates (Code: 1385, Product: ETF) UBS ETF MSCI Europe UCITS ETF-JDR beneficiary certificates (Code: 1386, Product: ETF) UBS ETF MSCI EMU UCITS ETF-JDR beneficiary certificates (Code: 1387, Product: ETF) UBS ETF MSCI EMU Small Cap UCITS ETF-JDR beneficiary certificates (Code: 1388, Product: ETF) UBS ETF FTSE 100 UCITS ETF-JDR beneficiary certificates (Code: 1389, Product: ETF) UBS ETF MSCI Pacific (ex Japan) UCITS ETF-JDR beneficiary certificates (Code: 1390, Product: ETF) UBS ETF MSCI Switzerland 20/35 UCITS ETF-JDR beneficiary certificates (Code: 1391, Product: ETF) UBS ETF MSCI United Kingdom UCITS ETF-JDR beneficiary certificates (Code: 1392, Product: ETF) UBS ETF MSCI USA UCITS ETF-JDR beneficiary certificates (Code: 1393, Product: ETF) UBS ETF MSCI World UCITS ETF-JDR beneficiary certificates (Code: 1394, Product: ETF) |
| ２．Period of Designation as Securities Under Supervision (Confirmation) | From Apr. 3, 2023 (Mon.) to the day when TSE determines whether the ETFs have fallen under the delisting criteria |
| Provision | Enforcement Rules for Securities Listing Regulations, Rule 1115, Paragraph 1, Item (13) (Due to TSE deeming that the issue is likely to fall under the case where a deposit agreement or any other agreement pertaining to listed foreign ETF trust beneficiary certificates will be terminated.) |
| ３．Reason | Today, the management company pertaining to the beneficiary certificates described in "1. Issue Name" above (hereinafter "the ETFs") made a decision concerning an amendment to the trust agreement pertaining to the ETFs that will make the trust period expire on Jul. 24, 2023 and announced said decision. If the number of beneficiary right units held by the beneficiaries who object to the amendment to the trust agreement during the period for objections does not exceed half of the total number of beneficiary right units, the ETFs will be delisted on Jul. 21, 2023. As such, TSE deems that it is likely that the ETFs will be delisted and thus has designated the ETFs as Securities Under Supervision (Confirmation). |
Designation History of Securities Under Supervision & Securities to Be Delisted
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