5 May 2010 11:44
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 May 2010
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
50,000 Oil BRENT 1 Month Oil Securities
This Pricing Supplement (as referred to in the prospectus (the "Prospectus") dated 28th September 2009 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 May2010 |
| Class: | ETFS BRENT OIL 1 Month |
| Oil Major Company: | Shell Trading Switzerland A.G |
| Near Entitlement: | 0.5670528 |
| Next Entitlement: | 0.00 |
| Near contract price: | US$86.90 |
| Next Contract price: | US$87.84 |
| Multiplier: | 1.0105944 |
| Creation price: | US$49.7989474 |
| Aggregate number of Oil securities to which this Pricing supplement applies: | 50,000 |
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 | 5,765,170 |
|
| Brent 1yr | 249,365 |
|
| Brent 2yr | 5,774 |
|
| Brent 3yr | 31,473 |
|
| WTI 2mth | 1,666,271 |
|
| WTI 1yr | 74,613 |
|
| WTI 2yr | 22,196 |
|
| WTI 3y | 12,727 |
|
Carbon 70,482
_________________________________________
PRICING SUPPLEMENT
Dated 04 May 2010
ETFS Oil Securities Limited
(Incorporated and registered in Jersey under the Companies (Jersey) Law 1991 (as amended) with registered number 88371)
(the "Company")
Programme for the Redemption of Energy Securities
Redemption of
25,287 Carbon Energy Securities
(the "Energy Securities")
This Pricing Supplement (as referred to in the prospectus (the "Prospectus") dated 28th September 2009 in relation to the above Programme) relates to the redemption of the Energy Securities referred to above. The Energy 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 Energy Securities. Terms used in this Pricing Supplement bear the same meaning as in the Prospectus. The particulars in relation to this redemption of Energy Securities are as follows:
| Issuer: | ETFS Oil Securities Limited |
| ISIN | JE00B3CG6315 |
| Redemption Date: | 05 May 2010 |
| Class: | CARBON SECURITIES |
| Oil Major Company: | Shell Trading Switzerland A.G |
| Near Entitlement: | 0.9753519 |
| Next Entitlement: | 0.00 |
| Near contract price: | US$15.35 |
| Next Contract price: | US$15.77 |
| Multiplier: | 0.9945646 |
| Creation price: | US$14.8902747 |
| Aggregate number of Oil securities to which this Pricing supplement applies: | 25,287 |
Following the redemption of Energy Securities to which this Pricing Supplement applies, Energy Securities will be in issue corresponding to the following outstanding Energy Contracts with the following Oil Major Companies:
|
| Shell Trading Switzerland AG |
|
| Brent 1mth | 5,815,170 |
|
| Brent 1yr | 249,365 |
|
| Brent 2yr | 5,774 |
|
| Brent 3yr | 31,473 |
|
| WTI 2mth | 1,666,271 |
|
| WTI 1yr | 74,613 |
|
| WTI 2yr | 22,196 |
|
| WTI 3y | 12,727 |
|
Carbon 70,482
______________________________ ____________________________