Japan Exchange Group Inc.

12/01/2023 | Press release | Distributed by Public on 12/01/2023 01:32

Dec. 01, 2023TSE Designation of Securities Under Supervision (Confirmation): MAXIS JPX-Nikkei Mid and Small Cap Index ETF

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Dec. 01, 2023 TSEDesignation of Securities Under Supervision (Confirmation): MAXIS JPX-Nikkei Mid and Small Cap Index ETF

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TSE has designated an issue as Securities Under Supervision (Confirmation) as follows.

1.Issue Name MAXIS JPX-Nikkei Mid and Small Cap Index ETF beneficiary certificates
(Code: 1492, Product: ETF)
2.Period of Designation as
  Securities Under Supervision
  (Confirmation)
From Dec. 1, 2023 (Fri.) to the day when TSE determines whether the ETF has fallen under the delisting criteria
  Reason
  (Related Clause)
Due to falling under cases where a decision concerning an amendment to the trust deed of an investment trust has been made, which falls under establishment of an investment trust agreement period
(Enforcement Rules for Securities Listing Regulations, Rule 1115, Paragraph 1, Item (2) )
3.Details of Reason Today, the management company pertaining to MAXIS JPX-Nikkei Mid and Small Cap Index ETF (hereinafter "the ETF"), made a decision concerning an amendment to the trust deeds of the investment trust for the ETF that will make the investment trust agreement period expire on Apr. 16, 2024 and announced said decision.
If the agenda of the aforementioned amendment to the trust deeds is approved by written resolution of the beneficiaries scheduled for Mar. 13, 2024, the ETF will be delisted on Apr. 14, 2024. As such, TSE deems that it is likely that the ETF will be delisted and thus has designated the ETF as Securities Under Supervision (Confirmation).

DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

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