CORESHARES GLOBAL INVESTMENTS PCC - Clarification notice: Rounding methodology

Clarification notice: Rounding methodology

CoreShares Global Investments PCC
CoreShares Global Prop
Share code: GLPROP ISIN: MU0518N00038

The CoreShares S&P Global Property Exchange Traded Fund (“CoreShares Global Prop”) portfolio, a
portfolio in CoreShares Global Investments PCC (A Mauritius protected cell public company limited by
shares). The Fund is an approved Foreign Collective Investment Scheme in terms of Section 65 of the
Collective Investment Scheme Control Act 2002. The Fund is managed by CoreShares ETF Manager
Limited (“CEM” or “the Manager”) and is further represented in South Africa by CoreShares Index
Tracker Managers RF (Pty) Ltd.

Clarification notice: Rounding methodology

Investors are referred to the SENS published earlier today in relation to the conversion of Letters of
Allotment (LAs) to Exchange Traded Fund (ETF) securities in accordance with the conversion ratio. For
the sake of clarity, the Issuer is unable to issue partial securities to participants in the book build and
accordingly applications by the CSD participants shall be rounded down to the nearest whole share or
security and the Rand balance shall be refunded.

 Worked example
 LA's issued                                                             1 000            Example
 Conversion ratio                                                      0.02906      As communicated
 Issue Price                                                           R 34.41      As communicated

 Securities issued (LA * Conversion ratio)
 1000*0.02906                                                            29.06           Unrounded
                                                                         29.00             Rounded
 Difference                                                               0.06

 Amount refunded to client/CSD (Difference * Issue Price)
 0.06 * 34.41                                                           R 2.06



2 November 2016

Corporate advisor and sponsor:            Grindrod Bank Limited

Date: 02/11/2016 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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