July 14th, 2022
CoinShares Digital Securities Limited
CoinShares Physical Staked Algorand
Sharing of Staking Rewards
CoinShares Digital Securities Limited (the "Issuer") hereby announces in accordance with Condition 5.3.2 of the Conditions of the CoinShares Digital Securities that Staking Rewards in relation to the class (the "Specified Class") specified below will be applied by a reduction in the Management Fee applicable to the Specified Class to zero and a positive daily accrual to the Coin Entitlement to the Specified Class provided in the table below. Such reduction to the Management Fee and positive daily accrual to the Coin Entitlement shall apply from the start of trading on July 14th, 2022 until a date to be specified in a further announcement in accordance with Condition 5.3.2.
| Class |
ISIN |
Management Fee |
Staking Reward (positive daily accrual to Coin Entitlement)
|
CoinShares Physical Staked Algorand
|
GB00BNRRF105 |
Reduced to 0.00% p.a. |
2.00% p.a. |
Terms used in this announcement and not otherwise defined bear the same meanings as defined or used in the base prospectus of the Issuer dated April 20th, 2022 (the "Prospectus") approved by the Swedish Financial Supervisory Authority and Supplement No 1 thereto dated June 1st, 2022.
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 rns@lseg.com or visit www.rns.com.
.