SATRIX COLLECTIVE INVESTMENT SCHEME - Listing of the Satrix Inclusion & Diversity ETF on the Main Board of the JSE in the Exchange Traded Fund Sector

Listing of the Satrix Inclusion & Diversity ETF on the Main Board of the JSE in the Exchange Traded Fund Sector

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX INCLUSION & DIVERSITY ETF
JSE Code: STXID
ISIN: ZAE000300570
("Satrix I&D" 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

LISTING OF THE SATRIX INCLUSION & DIVERSITY ETF (“THE PORTFOLIO”)
AND THE SCHEME REFERENCING THE REFINITIV SATRIX SOUTH AFRICA
INCLUSION & DIVERSITY INDEX ON THE MAIN BOARD OF THE JSE LIMITED
(“JSE”) IN THE EXCHANGE TRADED FUND SECTOR - STXID

This announcement is issued for information purposes only relating
to the listing of the portfolio on the JSE.

1. Introduction

The Satrix Inclusion & Diversity participatory interests provide the
investor with exposure to the Refinitiv Satrix South Africa
Inclusion & Diversity Index which is a comprehensive, market-value-
weighted index designed to track the performance of selected
publicly traded equities in South Africa that display relatively
high Inclusion and Diversity scores.



2. Listing approval

Approval for the listing of the participatory         interest   in   the
portfolio was granted by the JSE on 20 July 2021.


3. Summary of the offer

3.1. Issuer

      The Satrix Inclusion & Diversity ETF, a portfolio in the
      Satrix Collective Investment Scheme in Securities, registered
      in terms of the Collective Investment Schemes Control Act, No
      45 of 2002.

3.2. ISIN:                    ZAE000300570

3.3. Share code:              STXID

3.4. Long name:               Satrix Inclusion & Diversity ETF

3.5. Abbreviated name:        SATRIXID
3.6. Index

      The Refinitiv Satrix South Africa Inclusion and Diversity
      Index which is a comprehensive, market-value-weighted index
      designed to track the price return of selected publicly traded
      equities in South Africa that display relatively high
      Diversity and Inclusion scores. The index utilizes the
      Diversity and Inclusion scores of constituents of parent index
      and the final index selection reflects the principles and
      impact of diversity and inclusion.

3.7. Distribution or accounting period

      Quarterly distribution in a 3 month period ending on the last
      day of March, June, September and December in each year of all
      the income received on the underlying securities in the index,
      or such other date as may be determined by the manager in
      consultation with the Trustee from time to time and as
      announced on SENS.

3.8. The ramp up period

      It is the period during which the manager will procure the
      acquisition of baskets with the cash proceeds from the initial
      offer and will be announced at the close of the offer.

4. Salient dates and times

4.1. Opening date of the initial offer at 09:00 on Tuesday, 20 July
     2021

4.2. Closing date of the initial offer at 12:00 on Friday, 30 July
     2021

4.3. Ramp up period in respect of cash subscriptions commences on
     Monday, 02 August 2021

4.4   Settlement of Letters of allocation on Friday, 03 August 2021

4.5. Publication of announcement on SENS as to the results of the
     initial offer on Wednesday, 04 August 2021

4.6   Publication of conversion ratio on Friday, 06 August 2021

4.7   Ramp up period in respect of in specie subscriptions, Tuesday
      10 August 2021

4.8. Listing date at 9:00 on Wednesday, 11 August 2021

*     One letter of allocation (“LA”) will be issued for every Rand
      subscription against a subscriber’s CSDP or broker account
      being debited with the Rand amount. Once the baskets of Index
      constituents have been acquired, STRATE will convert the LAs
      to Satrix securities in the CSDP accounts in terms of the
      conversion ratios that will be published on SENS.
5. Copies of the supplement to the programme memorandum

A supplement to the programme memorandum detailing this offer is
available on the website of the Satrix Collective Investment Scheme
on www.satrix.co.za

20 July 2021
Satrix Managers (RF) Pty Limited

Sponsor
Vunani

Date: 20-07-2021 10:00:00
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