CoinShares Digital Securities Limited

CoinShares Physical Ethereum - Result of Meeting

CoinShares Digital Securities Limited / Key word(s): Miscellaneous CoinShares Digital Securities Limited: CoinShares Physical Ethereum - Result of Meeting 06-Oct-2023 / 08:42 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. 06 October 2023

CoinShares Digital Securities Limited

LEI: 549300DR7967WVLR3P83

 

CoinShares Physical Ethereum – Result of Meeting

 

 

 

Jersey – 06 October 2023 - Further to the announcement made by CoinShares Digital Securities Limited (the “Issuer”) made on 11 September 2023 of a proposal for the amendment of the Conditions to add CoinShares Physical Ethereum Digital Securities to the Staking Classes, the Issuer announces the result of the proposal.

 

The CoinShares Physical Ethereum Digital Securities are as specified below:

 

Product Name	ISIN	WKN	Valor
CoinShares Physical Ethereum	GB00BLD4ZM24	A3GQ2N	59635770

 

 

The purpose of the proposal was to amend the Conditions to add the CoinShares Physical Ethereum (ETHE) Digital Securities to the Staking Classes and to change the name of such securities to CoinShares Physical Staked Ethereum.  The proposed change would have allowed the Issuer to stake the underlying Digital Currency and share staking rewards with investors.

 

A meeting of the Security Holders was convened for the purpose of approving the proposal but the resolution set out in the notice of meeting was not passed at the meeting or at an adjourned meeting due to the lack of quorum.