| Thu 5 Dec 2024, 16:15 | | Finalisation of results to the Extraordinary Resolution for Portfolio Notes Linked to PrivateClient Global Portfolio |
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Finalisation of results to the Extraordinary Resolution for Portfolio Notes Linked to PrivateClient Global Portfolio
UBS AG, London Branch
("UBS AG" or the "Company")
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)
ALPHA CODE: UPCHPA
ISIN: ZAE000263943
Finalisation of results relating to the Extraordinary Resolution for
Portfolio Notes Linked to PrivateClient Global Growth Portfolio 1 Portfolio
(Series 5)
1. Introduction
1.1 Noteholders are referred to the notice announced via SENS on 30 October
2024 to all the outstanding Noteholders regarding consent to approve
the proposed Final Terms and replace them with a further amended and
restated Final Terms by passing the Written Resolution.
1.2 Noteholders' consent was requested by Written Resolution in terms of
Condition 15.2 of the General Terms and Conditions of the Notes, whereby
a majority (not less than 75%) of the outstanding number of issued Notes
(excluding Notes held by the Issuer) is required to pass the
Extraordinary Resolution.
1.3 As per the announcement via SENS dated 30 October 2024, voting closed
on Wednesday 04 December 2024 at 12:00 midday. The amendments to the
Applicable Pricing Supplement for Portfolio Notes linked to the
PrivateClient Global Growth Portfolio 1 Portfolio have been approved by
Noteholders, based on the results shown below, and will take effect
from Monday, 23 December 2024.
2. Results
Breakdown of Notes in issue:
Total number of issued Notes (unitised) 2,000,000 (100%)
Total number of notes held by the Issuer 478,229 (24%)
(unitised)
Total number of Notes held by Noteholders 1,521,771 (76%)
(unitised)
Results of the voting by Noteholders are as follows:
Extraordinary Resolution Number 1 of the Number Percent
Noteholders of all outstanding Notes – (unitised) (%)
Amendments to Final Terms
For 1,302,953 85.62%
Against - -%
Abstain 218,818 14.38%
Total 1,521,771 100.00%
3. Important Dates and Times
Important Salient Dates relating to the change to the description and the
JSE Long Name:
Confirmed last day to trade prior to the Tuesday, 17 December 2024
description change; and the old JSE long
name change
Commencement of trading in the new name (new Wednesday, 18 December 2024
description: PrivateClient Global Growth
Portfolio; new JSE long name: UBS AMC PCH
GLOBAL GRWTH)
Record date Friday, 20 December 2024
Accounts of dematerialised securities holder Monday, 23 December 2024
updated by CSDPs / Brokers
For further information regarding the results of this Written Resolution
and/or the Portfolio Notes, please contact:
UBS KeyInvest South Africa
Tel.: +27 11 322 7129 / 7317
E-mail: keyinvestza@ubs.com
Web: http://keyinvest-za.ubs.com
Johannesburg
05 December 2024
Sponsor: UBS South Africa (Pty) Limited
Date: 05-12-2024 04:15:00
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