Conversion Ratio and Issue Price for the Listing of the Satrix Global Balanced Fund of Funds ETF (“the Portfolio”)
Conversion Ratio and Issue Price for the Listing of the Satrix Global Balanced Fund of Funds ETF (“the Portfolio”)
SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX GLOBAL BALANCED FUND OF FUNDS ETF
JSE Code: STXGLB
ISIN: ZAE000341509
("Satrix Global Bal FOF " 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 ISSUE PRICE FOR THE LISTING OF THE SATRIX GLOBAL
BALANCED FUND OF FUNDS ETF ("THE PORTFOLIO")
Further to the announcement released on SENS on Thursday, 28 November
2024 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 issue price for the listing
of the portfolio.
1. Conversion ratio
Investors will be entitled to 0.0187288 ("the conversion ratio")
Satrix Global Balanced Fund of Funds Securities for every letter of
allocation ("LA") issued. The LAs will be converted to Satrix Global
Balanced Fund of Funds securities in the subscriber's CSDP or broker
account.
STRATE will convert the LA to Satrix securities in the subscriber's
CSDP or broker accounts in terms of the conversion ratio above.
2. Issued securities and listing
Satrix Global Balanced Fund of Funds ETF will issue 507 645 (Five
hundred and Seven thousand Six hundred and Forty Five) securities to
list on the "Exchange Traded Funds" sector of the main board of the
JSE Limited, at an issue price of R 53.39 (0.53394 cpu) per security,
to commence trading on Wednesday, 04 December 2024.
02 December 2024
Satrix Managers (RF) Pty Limited
JSE Sponsor
Vunani Sponsors
Date: 02-12-2024 02:29:00
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