Closing of Recon Capital FTSE 100 ETF

GREENWICH, Conn.--(BUSINESS WIRE)--

Recon Capital Series Trust and its series Recon Capital FTSE 100 ETF UK (the "Fund") announce that the Fund will close to new investors on March 8, 2016 and liquidate on or about March 11, 2016.

The decision to close the Fund was made by the Recon Capital Series Trust's Board of Trustees after consultation with Recon Capital Advisors, LLC, the investment adviser to the Fund. On consideration of current market conditions, as well as prospects for growth in the Fund's assets, the Board determined that it was in the best interests of the Fund and its shareholders to liquidate the Fund's shares, which are listed on NASDAQ. The last day of trading for the Fund is scheduled to be Thursday, March 10, 2016.

From February 29, 2016 through March 11, 2016, the Fund will be in the process of closing down and liquidating its portfolio. The process will result in the Fund not tracking its underlying index and its cash holdings increasing, which may be inconsistent with the Fund's investment objective and strategy. From March 8, 2016 to March 10, 2016, shareholders may be able to sell their shares to certain broker-dealers, but there can be no assurance that there will be a market for the Fund.

Shareholders holding shares in the Fund as of the liquidation date will receive a cash distribution equal to the net asset value of their shares. Shareholders receiving this cash distribution will not incur transaction fees in connection with this distribution or the liquidation of their shares in the Fund. A portion of the distribution may represent an ordinary income dividend or a capital gain distribution.

For more information, please visit www.reconfunds.com or call 844-RC-FUNDS. Recon Capital Series Trust also offers the Recon Capital DAX Germany ETF DAX and the Recon Capital NASDAQ 100 Covered Call ETF QYLD.

About Recon Capital

Recon Capital Advisors, LLC, is an SEC Registered Investment Adviser headquartered in Greenwich, CT that uses its investment expertise and operational infrastructures to deliver market-driven, value-added products that meet the evolving needs of global investors. Please visit ReconCapitalPartners.com for more information.

Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Funds and tender those Shares for redemption to the Funds in Creation Unit aggregations only, consisting of 50,000 Shares.

You should consider the Fund's investment objectives, risks, and charges and expenses carefully before investing. Contact Recon Capital Advisors at 1-844-RC-FUNDS/1-844-723-8637 or visit www.ReconFunds.com to obtain a prospectus or summary prospectus which contains this and other information about the Fund. The prospectus or summary prospectus should be read carefully before investing.

Investors are subject to normal brokerage commissions when trading shares. Brokerage commissions will reduce returns.

International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or in concentrations of single countries. The Fund is considered non-diversified and may be subject to greater risks than a diversified fund.

The Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Recon Capital Advisors, LLC or any of its affiliates.

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