SATRIX COLLECTIVE INVESTMENT SCHEME - CANCELLATION OF S381166 STXILB publick offer

CANCELLATION OF S381166 STXILB publick offer

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX ILBI PORTFOLIO
JSE Code: STXILB
ISIN: ZAE000240123
("Satrix ILBI" 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 ILBI PORTFOLIO (“THE PORTFOLIO”) AND THE
SCHEME REFERENCING THE S&P SOUTH AFRICA SOVEREIGN INFLATION-LINKED
BOND 1+ YEAR INDEX ON THE MAIN BOARD OF THE JSE LIMITED (“JSE”) IN
THE EXCHANGE TRADED FUND SECTOR

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

1. Introduction

The Satrix ILBI Portfolio participatory interests provide the
investor with exposure to the S&P South Africa Sovereign Inflation-
Linked Bond 1+ Year Index which is a comprehensive, market-value-
weighted index designed to track the performance of the South
African Rand-denominated inflation-linked securities publicly issued
by the South African government for the domestic market.



2. Listing approval


Approval for the listing of the participatory interest in the 
portfolio was granted by the JSE on 6 February 2017


3. Summary of the offer

3.1. Issuer

      The Satrix ILBI Portfolio, 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 ZAE000240123

3.3. Share code:        STXILB

3.4. Long name: Satrix ILBI Portfolio

3.5. Abbreviated name:        SATRIXILB

3.6. Index
     S&P South Africa Sovereign Inflation-Linked Bond 1+ Year Index
     is a comprehensive, market-value-weighted index designed to
     track the performance of the South African Rand-denominated
     inflation-linked securities publicly issued by the South
     African government for the domestic market. Permission has
     been granted to Satrix Managers by the Index provider, in
     terms of license and sub-license arrangements, to use the
     Index name and to track the Index.

3.7. Distribution or accounting period

     No distributions as the index in a total return index.
     Therefore the coupons of the underlying bonds are reinvested.

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 onTuesday,   7
     February 2017

4.2. Closing date of the initial offer at 12:00 on Thursday, 16
     February 2017

4.3. Ramp up period in respect of cash subscriptions commences on
     Monday, 20 February 2017

4.4. Settlement of Letters of allocation on Monday, 20 February
     2017*

4.5. Publication of announcement on SENS as to the results of the
     initial offer on Monday, 20 February 2017

4.6. Publication of conversion ratio on Wednesday, 22 February 2017

4.7. Listing date at 9:00 on Friday, 24 February 2017


*    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 offering circular

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

6 February 2017
Satrix Managers (RF) Pty Limited

Date: 06/02/2017 05:49:59 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.