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Oil Securities Ltd (OILB)

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Thursday 05 March, 2009

Oil Securities Ltd

Redemp Of Securities

RNS Number : 3658O
ETFS Oil Securities Limited
05 March 2009
 

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    04 March 2009

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

100,000 Oil BRENT 1 Month Oil Securities


This Pricing Supplement (as referred to in the prospectus (the 'Prospectus') dated 01st October 2008 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:

    05 March 2009

Class:

ETFS BRENT OIL 1 Month

Oil Major Company:

Shell Trading Switzerland A.G

Near Entitlement:

0.5295338

Next Entitlement:

  0.1294696

Near contract price:

US42.21

Next Contract price:

US$43.16

Multiplier:

1.0246908

Creation price:

US$28.629379

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

   100,000



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:





Shell Trading Switzerland AG

Total

Brent 1mth

11,045,505

11,045,505

Brent 1yr

34,289

34,289

Brent 2yr

4,867

4,867

Brent 3yr

8,000

8,000

WTI 2mth    

3,579,069

3,579,069

WTI 1yr    

20,107

20,107

WTI 2yr    

6,347

6,347

WTI 3y

7,526

7,526

Carbon                                            10,000                                           10,000


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