Notice is hereby given to all investors of the exchange traded Instruments named MEZ Capital ETI (ISIN AT0000A15PX3) (“ETI Units”) issued by ETI Securities PLC (the “Company”), bearing registration number C 55602, that the board of directors of the collateral obligor i.e. ETI Malta Ltd on behalf of compartment 19, has notified the Company that it has resolved to terminate the investment management agreement entered into with Financial Marketing Advisors GmbH, effective date being the 28th September 2018.
The collateral obligor further notified the Company that it is in the process of liquidating the underlying investments.
Investors’ attention is brought to the fact that the Company on behalf of linked compartment 11, has resolved to therefore liquidate linked compartment 11. It is expected that the liquidation will be completed by early 2019. The board of directors of the Company will pay out any proceeds to the Investors within five (5) Business Days from receipt of the funds from the Collateral Obligor.
Furthermore, Investors are hereby notified that the Company on behalf of linked compartment 11 will still carry out buy-backs of any ETI Units, until such date as otherwise resolved by the Company and notified to Investors.
Once the Company in respect of linked compartment 11 is in possession of all the ETI Units issued and proceeds paid out to investors (after deduction of costs), the board of directors of the Company will destroy all the ETI Units named MEZ Capital ETI and to subsequently close linked compartment 11.