| Fri 21 Sep 2007, 16:04 | | PTXSPY - Proptrax SAPY - Listing Of Proptrax SAPY |
|
JSE
PTXSPY
PTXSPY - Proptrax SAPY - Listing Of Proptrax SAPY Securities
PROPTRAX SAPY
Share code: PTXSPY
ISIN: ZAE000101911
A portfolio in the Property Index Tracker Collective Investment Scheme
("PropTrax") registered as such in terms of the Collective Investment Schemes
Control Act, 45 of 2002 (the "portfolio"), managed by Property Index Tracker
Managers (Proprietary) Limited ("PropTrax Managers")
LISTING OF PROPTRAX SAPY SECURITIES
Further to the announcements published on 13 and 24 August 2007 regarding the
initial public offering for PropTrax SAPY securities, Java Capital is authorised
to announce the listing on the main board of the JSE Limited of PropTrax SAPY
securities in the "Exchange Traded Funds" sector, with effect from commencement
of business on Tuesday, 25 September 2007.
SUBSCRIPTIONS
6 452 020 PropTrax SAPY securities will be issued to successful applicants (to
whom LAs were issued on 10 September 2007) at commencement of trade on 25
September 2007 at a price per security of approximately R35.31 and at a
conversion ratio of 0.02874 securities for every 1 LA issued.
NOTICE
PropTrax Managers has been granted permission to use the name "SAPY".
PropTrax SAPY securities are not in any way sponsored, endorsed, sold or
promoted by FTSE International Limited ("FTSE"), the London Stock Exchange Plc
(the "LSE") or The Financial Times Limited ("FT") and neither FTSE nor the LSE
nor FT makes any warranty or representation whatsoever, expressly or implied,
either as to the results to be obtained from the use of the FTSE/JSE SAPY Index
( "the Index") and/or the figure at which the Index stands at any particular
time on any particular day or otherwise. The Index is compiled and calculated by
FTSE in collaboration with the JSE. However, neither the JSE, FTSE, the LSE nor
FT shall be liable (whether in negligence or otherwise) to any person for any
error in the Index and neither the JSE, FTSE, the LSE nor FT shall be under any
obligation to advise any person of any error therein. "FTSE", "FT-SE" and
"Footsie" are trade marks of the LSE and FT and are used by FTSE and the JSE
under licence. "JSE" is a trade mark of the JSE and is used by FTSE under
licence.
The securities being issued are not eligible for sale in the United States or in
any other jurisdiction in which trading in the securities would be illegal. The
securities have not been, and will not be, registered under the U.S. Securities
Act of 1933, as amended, and trading in securities has not been approved by the
U.S. Commodity Futures Trading Commission under the U.S. Commodity Exchange Act.
The securities may not be offered, sold or delivered within the United States or
to U.S. persons, nor may any U.S. person at any time trade or maintain a
position in the securities.
Johannesburg
21 September 2007
Manager
PropTrax Managers (Proprietary) Limited
Corporate advisor, legal advisor and sponsor
Java Capital (Proprietary) Limited
Date: 21/09/2007 16:04:36 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
