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Oil Securities Ltd (OILB)

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Friday 18 November, 2011

Oil Securities Ltd

Redemption Of ETFS Oil Securities

RNS Number : 4066S
ETFS Oil Securities Limited
18 November 2011
 

 

FORM OF PRICING SUPPLEMENT

Pricing Supplement for an issue by ETFS Oil Securities Limited under the Programme for the Issue of Oil Securities

 

PRICING SUPPLEMENT

Dated 17 November 2011

ETFS Oil Securities Limited

(Incorporated and registered in Jersey under
the Companies (Jersey) Law 1991 (as amended) with registered number 88371)

 

Programme for the Redemption of Oil Securities

 

Redemption of

60,000 Oil BRENT 1 Month Oil Securities

 

This Pricing Supplement (as referred to in the prospectus (the "Prospectus") dated 15th September 2011 in relation to the above Programme) relates to the redemption of the Oil Securities referred to above. The Oil Securities have the terms provided for in the Trust Instrument dated 13 July 2005 (as amended) between the Company and The Law Debenture Trust Corporation p.l.c. as Trustee constituting the Oil Securities. Terms used in this Pricing Supplement bear the same meaning as in the Prospectus. The particulars in relation to this issue of Oil Securities are as follows:

Issuer:

ETFS Oil Securities Limited

ISIN

GB00B0CTWC01

Redemption Date:

     18 November 2011

Class:

ETFS BRENT OIL 1 Month

Oil Major Company:

Shell Trading Switzerland A.G

Near Entitlement:

0.5716132

Next Entitlement:

     0.00

Near contract price:

US$112.18

Next Contract price:

US$111.75

Multiplier:

0.991311

Creation price:

US$63.5663991

Aggregate number of Oil securities to which this Pricing supplement applies:

    60,000

 

 

 

 

 

 

 

Following the redemption of Oil Securities to which this Pricing Supplement applies, Oil
Securities will be in issue corresponding to the following outstanding Oil Contracts with the following Oil Major Companies:

 

 

 


Total

Shell Trading Switzerland AG


Brent 1mth

4,702,112


Brent 1yr

223,762


Brent 2yr

6,645


Brent 3yr

46,542


WTI 2mth         

1,177,720


WTI 1yr

87,192


WTI 2yr

124,967


WTI 3y

105,684


Carbon                                        103,505             

 

 

____________                           ________________

FORM OF PRICING SUPPLEMENT

Pricing Supplement for an issue by ETFS Oil Securities Limited under the Programme for the Issue of Oil Securities

 

PRICING SUPPLEMENT

Dated 17 November 2011

ETFS Oil Securities Limited

(Incorporated and registered in Jersey under
the Companies (Jersey) Law 1991 (as amended) with registered number 88371)

 

Programme for the Redemption of Oil Securities

 

Redemption of

70,000 Oil WTI 2 Month Oil Securities

 

This Pricing Supplement (as referred to in the prospectus (the "Prospectus") dated 15th September 2011 in relation to the above Programme) relates to the redemption of the Oil Securities referred to above. The Oil Securities have the terms provided for in the Trust Instrument dated 13 July 2005 (as amended) between the Company and The Law Debenture Trust Corporation p.l.c. as Trustee constituting the Oil Securities. Terms used in this Pricing Supplement bear the same meaning as in the Prospectus. The particulars in relation to this issue of Oil Securities are as follows:

Issuer:

ETFS Oil Securities Limited

ISIN

GB00B0CTWK84

Redemption Date:

     18 November 2011

Class:

ETFS WTI OIL 2 Month

Oil Major Company:

Shell Trading Switzerland A.G

Near Entitlement:

0.5594409

Next Entitlement:

     0

Near contract price:

US$99.35

Next Contract price:

US$99.27

Multiplier:

0.991311

Creation price:

US$55.0975149

Aggregate number of Oil securities to which this Pricing supplement applies:

70,000

 

 

 

 

 

 

 

Following the redemption of Oil Securities to which this Pricing Supplement applies, Oil
Securities will be in issue corresponding to the following outstanding Oil Contracts with the following Oil Major Companies:

 

 

 


Total

Shell Trading Switzerland AG


Brent 1mth

4,702,112


Brent 1yr

223,762


Brent 2yr

6,645


Brent 3yr

46,542


WTI 2mth        

1,177,720


WTI 1yr          

87,192


WTI 2yr          

124,967


WTI 3y

105,684


Carbon                                     103,505           

 

 

 

                       

_____________                                  ________________

 

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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