SATRIX COLLECTIVE INVESTMENT SCHEME - Conversion Ratio and The Listing Of The Satrix MSCI World Feeder Portfolio (The Portfolio)-STXWDM
STXWDM 201707240027A
Conversion Ratio and The Listing Of The Satrix MSCI World Feeder Portfolio (“The Portfolio”)-STXWDM
SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX MSCI WORLD FEEDER PORTFOLIO
JSE Code: STXWDM
ISIN: ZAE000246104
("Satrix WDM" or the "ETF")
A portfolio in the Satrix Collective Investment Scheme, registered as
such in terms of the Collective Investment Schemes Control Act, 45 of
2002
CONVERSION RATIO AND THE LISTING OF THE SATRIX MSCI WORLD FEEDER
PORTFOLIO (“THE PORTFOLIO”)
Further to the announcement released on SENS on Wednesday, 19 July
2017 regarding the results of the initial public offer (“the offer”)
for subscription to the portfolio, Satrix Managers (RF) Pty Limited
hereby announce the conversion ratio and the listing of the portfolio.
1. Conversion ratio
Investors will be entitled to 0.0308426 (“the conversion ratio”)
Satrix WDM Securities for every letter of allocation (“LA”) issued.
The LAs will be converted to Satrix WDM securities in the subscriber’s
CSDP or broker account.
2. Issued securities and listing
Satrix MSCI World Feeder Portfolio will issue 770 139 (seven hundred
and seventy thousand one hundred and thirty nine) securities, to list
on the “Exchange Traded Funds” sector of the main board of the JSE
Limited, at an issue price of approximately R 32.62 per security, to
commence trading on Tuesday 25 July 2017.
24 July 2017
Satrix Managers (RF) Pty Limited
Date: 24/07/2017 02:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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