General Announcement::PERMANENT SUSPENSION ANNOUNCEMENT

Issuer & Securities

Issuer/ Manager
UBS AG
Securities
HSTECH 7XLONGUBS 260130 - CH1227876625 - FLBW
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
08-Oct-2024 11:07:20
Status
New
Announcement Sub Title
PERMANENT SUSPENSION ANNOUNCEMENT
Announcement Reference
SG241008OTHRTYCV
Submitted By (Co./ Ind. Name)
Alvin Li
Designation
Director
Effective Date and Time of the event
08/10/2024 10:30:00
Description (Please provide a detailed description of the event in the box below)
Unless otherwise defined, the capital terms in this Announcement shall bear the same meaning in the relevant Supplemental Listing Document in relation to the Securities.

UBS AG (the Issuer ), acting through its London Branch, would like to notify the holders of the Securities regarding the trigger of the Air Bag Mechanism (and the subsequent suspension of the Securities) on the effective date and time stated herein. As the New Observed Price/ Level represents a sharp intraday movement in the price/level of the Underlying Stock/Index of more than 20% compared to its previous close, the Securities have lost 100% of their value according to the Supplemental Listing Document. Details as follows:

Airbag Trigger Time: 10:30
New Observed Price/Level: 4611.45
Underlying Stock/Index previous close: 5386.48

In accordance with the Supplemental Listing Document, the Securities will not recover in value even if the Underlying Stock/Index resumes trading and recovers from its sharp intraday move. The trading and market making activities for the Securities will be permanently suspended. Please refer to the website at [dlc.ubs.com] for more information.