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Oil Securities Ltd (OILB)

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Thursday 19 May, 2011

Oil Securities Ltd

Issue of ETFS Oil Securities

RNS Number : 9487G
ETFS Oil Securities Limited
19 May 2011
 

PRICING SUPPLEMENT
Dated 18 May 2011

ETFS Oil Securities Limited

(Incorporated and registered in Jersey under

the Companies (Jersey) Law 1991 (as amended) with registered number 88371)

 

 

Program for the Issue of Oil Securities

 

Issue of

35,000 Oil WTI 2 month Oil Securities

 

This Pricing Supplement (as referred to in the Prospectus (the ''Prospectus'') dated 21st September 2010 in relation to the above Programme) relates to the issue 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

Issue Date:                                                           19 May 2011

Class:                                                                  ETFS WTI OIL 2mth

Oil Major Company:                                               Shell Trading Switzerland A.G

Near Entitlement:                                                  0.5705235

Next Entitlement:                                                  0.00

Near Contract Price:                                              US$98.25

Next Contract Price:                                              US$98.59

Multiplier:                                                              0.9977811

Creation Price:                                                      US$55.9295558

Aggregate Number of Oil                                        35,000

Securities to which this Pricing
Supplement applies:

 

 

 

 

 

 

 

 

Following the issue 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

6,875,512


Brent 1yr

174,482


Brent 2yr

31,958


Brent 3yr

47,042


WTI 2mth         

1,819,720


WTI 1yr

57,762


WTI 2yr

125,196


WTI 3y

129,082


Carbon

78,505


 

 

 

 

_________________                  ______________________


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