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DUBLIN - WisdomTree Multi Asset Issuer PLC announced today that the meeting of holders of its Brent Crude Oil 3X Daily Short Securities scheduled for Friday has been adjourned due to lack of a quorum.
The adjourned meeting will be reconvened on August 1, 2025, at the offices of Apex IFS Limited in Dublin, according to a company press release.
The meeting aims to consider amendments to reduce the principal amount of the affected securities from $0.114 to $0.0114. This proposed change follows the price of the securities falling below 500 percent of its current principal amount on June 13, 2025.
The company stated the reduction is designed to maintain normal trading and operations of the securities, which trade under the LSE code 3BRS with ISIN IE00BLRPRK35.
Holders of the affected securities should note that voting instructions already submitted for the original meeting will not remain valid for the adjourned meeting. New voting arrangements must be made to participate in the August 1 meeting.
The Law Debenture Trust Corporation, as trustee, has expressed no opinion on the merits of the proposal but has no objection to the form in which it is presented to securities holders.
WisdomTree advised holders to check with their banks, securities brokers or other intermediaries regarding deadlines for submitting instructions, as these will be earlier than the deadlines specified in the company’s circular.
The outcome of the adjourned meeting will be communicated to securities holders shortly after it takes place.
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