Waystone ETF ICAV - Stock split notification for Global Target Saving 2031-2034 UCITS ETF
Waystone ETF ICAV
An open-ended umbrella Irish collective asset- management vehicle with segregated liability between sub-funds formed in
IMPORTANT NOTICE TO THE SHAREHOLDERS OF:
Global Target Saving 2031-2034 UCITS ETF (ISIN IE000M0ZE9W5) (the “Sub- Fund”)
17
th
In
accordance
with
Article
8.1
of
the
Instrument
of
Incorporation
of
the
ICAV
the
board
of
directors
of
the ICAV (the “Board of Directors”) has decided to proceed with a split of the Shares in respect of the
Capitalised terms not defined herein shall have the meaning given to them in the most recent version of
the prospectus of the ICAV (the “Prospectus”), unless the context otherwise requires.
The
number
of
Shares
in
relation
to
the
The
Share
Split
will
lead
to
a
change
in
the
number
of
Shares
that
a
Shareholder
holds
in
the
For illustration purposes, an example of the Stock Split at the proposed Share Split Factor is detailed in in Schedule A below
The Share Split and simultaneous Net Asset Value division aims to reduce the Net Asset Value per Share of each Share Class in the
The aforementioned NAV division and simultaneous Share Split will be carried out on 2
nd
Fees or costs incurred by the Share Split will be borne by the Investment Manager.
General Information
This notice is for information purposes only. Shareholders are not required to take any action. Shareholders
who
subscribe
for
Shares
in
the
Please note that the ICAV does not charge any redemption fee for the sale of Shares in the secondary market. Orders to sell Shares through a stock exchange can be placed via an authorised intermediary or stockbroker.
Shareholders should note that orders in the secondary market may incur costs over which the ICAV has no control and to which the above exemption on redemption charges does not apply.
Shareholders who have any queries or to whom any of the above is not clear should seek advice from their stockbroker, bank manager, legal adviser, accountant or other independent financial advisor.
Shareholders are advised to consult their tax advisor to assess the impact of the Share Split and any potential tax consequences thereof under the laws of the countries of their nationality, residence, domicile or incorporation.
Further information in relation to the changes set out herein may be obtained from the offices of foreign representatives or by sending an email to ETFCapmarkets@waystone.com .
For and on behalf of Waystone ETF ICAV
The
Board
of
Directors
Schedule A – Stock Split Example
_______________________________________________________________________________________________________________________
| |NAV |TotalValue| | |NAV |TotalValue|
|SharesPreStockSplit|persharePreStockSplit|Pre |SplitFactor|SharesPostStockSplit|persharePostStockSplit|Post |
| | |StockSplit| | | |StockSplit|
|___________________|_____________________|__________|___________|____________________|______________________|__________|
|6,000 |$104.00 |$624,000 |10 |60,000 |$10.40 |$624,000 |
|___________________|_____________________|__________|___________|____________________|______________________|__________|
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