| Wed 18 Jan 2012, 13:49 | | NFTRCI - NEWFUNDS TRACI 3 MONTH ETF - Results of Initial Offer for NewFunds |
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JSE
NFS
NFTRCI - NEWFUNDS TRACI 3 MONTH ETF - Results of Initial Offer for NewFunds
TRACI 3 MONTH ETF Participatory Interests
NEWFUNDS TRACI 3 MONTH EXCHANGE TRADED FUND PORTFOLIO
ABBREVIATED NAME: NEWFTRACI
SHARE CODE: NFTRCI
ISIN: ZAE000162251
A portfolio in the NewFunds Collective Investment Scheme in Securities
("NewFunds") (established on 21 December 2011 in the Republic of South Africa in
terms of the Collective Investment Schemes Control Act, 45 of 2002)) (the "TRACI
ETF"), managed by NewFunds (Proprietary) Limited
Results of Initial Offer for NewFunds TRACI 3 Month ETF Participatory Interests
("NewFunds securities")
Further to the announcement published on SENS on 12 January 2012, in specie
subscriptions were received in respect of 1 275 000 NewFunds securities, which
will, subject to JSE approval, be listed on the JSE from commencement of trading
on Thursday, 26 January 2012. No cash subscriptions were received. The initial
offer price per NewFunds security, calculated using the closing index level on
17 January 2012, has been determined as R16.23594.
Johannesburg
18 January 2012
Originator, issuer agent, corporate advisor and sponsor
Absa Capital
(the investment banking division of Absa Bank Limited, affiliated with Barclays
Capital)
Legal Adviser
Webber Wentzel
Date: 18/01/2012 13:49:42 Produced by the JSE SENS Department.
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