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Merger for 2 db x-trackers ETF

Merger exchange ratio for the merger of db x-trackers Russell 2000 UCITS ETF – db x-trackers Russell MIDCAP UCITS ETF into db x-trackers Russell 2000 UCITS ETF (DR) – db x-trackers Russell Midcap UCITS ETF (DR).


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The boards of directors of the Merging and Receiving Funds wish to announce that the merger of the Merging Sub-Funds into the Receiving Sub-Funds became effective on 18 June 2015. Further to the notification to shareholders in the Merging Sub-Funds dated 8 May 2015, the exchange ratio used to calculate the number of shares in the relevant Receiving Sub-Fund(s) issued to former shareholders of the Merging Sub-Fund(s) was as follows:

The Merging Sub-Funds have been delisted from each of the relevant exchanges.

The time(s) at which shareholders of the relevant Merging Sub-Fund(s) will receive shares in the corresponding Receiving Sub-Fund(s) will depend on the timeframes and arrangement agreed between shareholders and their custodian, broker and/or relevant central securities depositary for processing such corporate actions.

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 should also consult their own professional advisers as to the specific tax implications under the laws of the countries of their nationality, residence, domicile or incorporation.

 

1 On the Effective Date, the Receiving Sub-Fund was renamed from db x-trackers Russell 2000 UCITS ETF (Prospective DR)

2 On the Effective Date, the Receiving Sub-Fund was renamed from db x-trackers Russell Midcap UCITS ETF (Prospective DR)

3 In the currency of the relevant Merging Sub-Fund

4 In the currency of the relevant Receiving Sub-Fund

5 Merger Exchange Ratio – the number of shares of the relevant Receiving Sub-Fund received for each share of the respective Merging Sub-Fund

 

Source: ETFWorld.co.uk