Compulsory Redemption by the Issuer

Valour Digital Securities has exercised its right of Compulsory Redemption under Condition 10.1(a) for the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP (ISIN GB00BPDX1969), issued under the Base Prospectus dated 13 May 2024.

Rhea-AI Summary

Valour Digital Securities has exercised its right of Compulsory Redemption under Condition 10.1(a) for the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP (ISIN GB00BPDX1969), issued under the Base Prospectus dated 13 May 2024.

According to the company, holders will by default receive cash settlement under Condition 10.8 unless, by 1 September 2026, they submit a valid Redemption Notice requesting physical delivery and complete an Acceptable Delivery under Condition 10.7. The last trading day is 11 September 2026, the Compulsory Redemption Date is 15 September 2026, and settlement for both cash and physical delivery is scheduled for 16 September 2026, in line with the Conditions.

Positive

• Clear compulsory redemption timeline with key dates through 16 September 2026
• Option for investors to elect physical delivery instead of default cash settlement
• Redemption and settlement mechanics defined under existing Conditions and Base Prospectus

Negative

• Product termination through compulsory redemption removes future trading after 11 September 2026
• Security holders forced to exit position on 15 September 2026 regardless of preference
• Administrative deadline of 1 September 2026 to arrange physical delivery may be missed by some holders

Argus Aug 11 session 3 alerts

+5.11% close to close 0.4x rel. volume Open Argus

Details

Market move: DEFT +5.11% in the Aug 11 session. compulsory redemption

$192.13M Market Cap

On Aug 11, the day this news came out, DEFT closed 5.11% above the previous close. Our momentum scanner recorded 3 alerts for this stock that day.

Data tracked by StockTitan Argus for the Aug 11 session.

Market Context

On Aug 11, the day this news came out, the stock closed 5.1% above the previous close. News ID 10869...

Analysis

On Aug 11, the day this news came out, the stock closed 5.1% above the previous close. News ID 1086985 recorded a +8.59% 24-hour reaction to the CEO letter. A strong positive scenario would be assessed against that history, while the platform reports low short positioning; redemption timing and holder elections remained key risks.

Key Figures

Redemption notice deadline: 1 September 2026 Last trading day: 11 September 2026 Compulsory redemption date: 15 September 2026 +2 more

Redemption notice deadline

1 September 2026

Deadline to request physical delivery

Last trading day

11 September 2026

Digital asset ETP

Compulsory redemption date

15 September 2026

Issuer redemption schedule

Cash settlement date

16 September

Compulsory redemption

Physical delivery settlement date

16 September

Compulsory redemption

Historical Context

5 past events · Latest: Aug 03

5 events

1. Aug 03

   Q2 results scheduling

   24h Move

   -0.4%

   Scheduled shareholder call to discuss Q2 2026 financial results on August 14.

2. Jul 27

   CEO shareholder letter

   24h Move

   +8.6%

   CEO letter addressed share-price decline, crypto markets, sector rotation and capital-raise effects.

3. Jul 07

   AGM voting results

   24h Move

   -1.4%

   Shareholders approved directors, auditors, share consolidation and by-law changes.

4. Jun 25

   Proxy deadline extension

   24h Move

   -4.7%

   Proxy deadline extended to support voting participation and quorum.

5. May 14

   Q1 earnings report

   24h Move

   -12.1%

   Q1 results reported revenue, net income and balance-sheet metrics.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

compulsory redemption, cash settlement, physical delivery, redemption notice

4 terms

compulsory redemption regulatory

"The Issuer ... has made use of its right for Compulsory Redemption"

A compulsory redemption is a contract clause that lets the issuer force holders to return certain securities (like bonds or preferred shares) before their scheduled maturity, usually at a pre‑specified price or formula. It matters to investors because it changes the timing and amount of expected payments — similar to a landlord ending a lease early and handing back a deposit plus a set payment — which affects cash flow, yield and reinvestment plans.

cash settlement financial

"Cash Settlement in accordance with Condition 10.8 will apply"

Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.

physical delivery financial

"delivered to the Issuer a valid Redemption Notice specifying Physical Delivery"

Physical delivery is when a contract is completed by handing over the actual underlying asset — such as barrels of oil, bushels of grain, or shares of stock — rather than by paying the cash value. For investors this matters because it brings real-world costs and logistics (storage, transport, quality checks) into play and can affect pricing, risk and margin requirements; think of it like choosing to receive a purchased item instead of accepting a refund.

redemption notice financial

"Security Holders will receive Cash Settlement"

A redemption notice is a formal announcement from the issuer of a bond, preferred share or similar security that it will repay and retire that instrument on a specified future date. It matters to investors because it sets when they will get their principal (and any final payment) back, which affects income timing, reinvestment plans and the security’s market value—think of it like being told when a rented tool must be returned so you can plan what to do next.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ZUG, Switzerland, Aug. 11, 2026 (GLOBE NEWSWIRE) -- The Issuer, Valour Digital Securities Limited, has made use of its right for Compulsory Redemption pursuant to Condition 10.1(a) of the Conditions with respect to the following security issued pursuant to the Base Prospectus dated 13th May 2024:

1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP

ISIN: GB00BPDX1969

Settlement will be effected pursuant to and in accordance with the rules and procedures set out in the Conditions, in particular Condition 10, 11 and 12.

Compulsory Redemption will be effected pursuant to Condition 10.1. Cash Settlement in accordance with Condition 10.8 will apply to the Compulsory Redemption unless the Security Holder in respect of the Digital Security has, no later than 1 September 2026, delivered to the Issuer a valid Redemption Notice specifying Physical Delivery and effected an Acceptable Delivery in respect of the Digital Securities to be Redeemed. Physical delivery will be effected in accordance with Condition 10.7.

In the absence of a valid Redemption Notice requesting Physical Delivery, Security Holders will receive Cash Settlement in accordance with Condition 10.8.

The last day of trading is 11 September 2026.

The Compulsory Redemption Date is 15 September 2026.

The Compulsory Redemption Settlement Date for Cash Settlement is 16 September.

The Compulsory Redemption Settlement Date for Physical Delivery is 16 September.

Capitalised terms not defined in this notice shall have the same meaning given to them in the conditions of the securities or in the Base Prospectus, as applicable.

Zug, 11/08/2026

For further information, please contact:
Johan Wattenstrom, Chief Executive Officer, ir@defi.tech, (323) 537-7681

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is happening to the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP (DEFT)?

The ETP is being compulsorily redeemed under Condition 10.1(a). According to Valour Digital Securities, trading ends on 11 September 2026, the Compulsory Redemption Date is 15 September 2026, and settlement for cash or physical delivery is scheduled on 16 September 2026.

When is the last trading day and redemption date for DEFT in 2026?

The last trading day for the DEFT-linked ETP is 11 September 2026. According to Valour Digital Securities, the Compulsory Redemption Date is 15 September 2026, with settlement on 16 September 2026 for both cash settlement and any elected physical delivery.

Will DEFT security holders receive cash or physical delivery at redemption?

Holders will receive cash settlement by default for the compulsory redemption. According to Valour Digital Securities, investors can instead request physical delivery by submitting a valid Redemption Notice and completing an Acceptable Delivery no later than 1 September 2026, under Conditions 10.7 and 10.8.

What is the deadline to request physical delivery for the DEFT-linked ETP redemption?

The deadline to request physical delivery is 1 September 2026. According to Valour Digital Securities, holders must submit a valid Redemption Notice specifying physical delivery and complete an Acceptable Delivery of the digital securities by that date; otherwise, cash settlement will apply.

On what date will cash settlement for the DEFT compulsory redemption be made?

Cash settlement is scheduled for 16 September 2026. According to Valour Digital Securities, this date is the Compulsory Redemption Settlement Date for both cash settlement and any physical delivery elections, following the Compulsory Redemption Date of 15 September 2026 under the Conditions.

Which security issued by Valour Digital Securities is subject to compulsory redemption in 2026?

The affected security is the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP, ISIN GB00BPDX1969. According to Valour Digital Securities, it was issued under the Base Prospectus dated 13 May 2024 and will be compulsorily redeemed with key dates in September 2026.