First Trust Announces Adjournment of Special Shareholder Meeting to Approve the Reorganization of First Trust Value Line® 100 Exchange-Traded Fund with First Trust Value Line® Dividend Index Fund

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announced today that the special meeting of shareholders of First Trust Value Line® 100 Exchange-Traded Fund (NYSE Arca: FVL), a series of First Trust Exchange-Traded Fund (the “Trust”), has been adjourned in order to allow shareholders additional time to vote on the reorganization transaction whereby FVL will be combined with First Trust Value Line® Dividend Index Fund (NYSE Arca: FVD), a series of the Trust, and to permit additional solicitation of shareholders. The shareholder meeting will reconvene on Monday, October 19, 2020 at 12:00 p.m. Central time at the offices of FTA at 120 East Liberty Drive, Suite 400, in Wheaton, Illinois.