SATRIX COLLECTIVE INVESTMENT SCHEME - Listing of the STXHLT ETF and the Scheme Referencing the Stoxx Global Breakthrough Healthcare Index

Listing of the STXHLT ETF and the Scheme Referencing the Stoxx Global Breakthrough Healthcare Index

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX HEALTHCARE INNOVATION FEEDER ETF
JSE Code: STXHLT
ISIN: ZAE000310496
("Satrix Healthcare Innovation" or the "Portfolio")

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 HEALTHCARE INNOVATION FEEDER ETF AND THE
SCHEME REFERENCING THE STOXX GLOBAL BREAKTHROUGH HEALTHCARE 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

Satrix Healthcare Innovation participatory interests provide the
investors exposure to companies that are focused on innovation
within global healthcare services, across both developed and
emerging markets.

2. Listing approval

Approval for the listing of the participatory interest in the
portfolio was granted by the JSE on 05 May 2022.

3. Summary of the offer

3.1. Issuer

     Satrix Healthcare Innovation, 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:                 ZAE000310496

3.3. Share code:           STXHLT

3.4. Long name:            Satrix Healthcare Innovation Feeder ETF

3.5. Abbreviated name:     SATRIXHLT

3.6. Index

     Launched   in  June  2016,  the  STOXX  Global  breakthrough
     Healthcare Index belongs to a defined set of developed and
     emerging countries, that derive more than 50% of their most
     recent total annual revenue from sectors linked to the
     breakthrough healthcare trend are highlighted as potential
     index components. The index excludes companies that are not
     compliant with the Sustainalytics Global Standards Screening
     assessment or are involved in Controversial Weapons and other
     controversial activities. Moreover, companies that display
     high ESG Controversy Ratings are also excluded. The index
     constituents are weighted by the security free-float adjusted
     market   capitalization  calculated  based   on  the   Foreign
     Inclusion Factor (FIF) and subject to Foreign Ownership Limits
     (FOLs).


3.7. Distribution or accounting period

     The underlying fund reinvests the income from the constituents
     in the index and therefore does not distribute.


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 Wednesday, 04
     May 2022

4.2. Closing date of the initial offer at 12:00 on Tuesday, 17 May
     2022

4.3. Ramp up period in respect of cash subscriptions commences on
     Wednesday, 18 May 2022

4.4. Settlement of Letters of allocation on Thursday, 19 May 2022

4.5. Publication of announcement on SENS as to the results of the
     initial offer on Friday, 20 May 2022

4.6. Publication of conversion ratio on Monday, 23 May 2022

4.7   Ramp up period in respect      of   in   specie   subscriptions,
      Wednesday, 25 May 2022

4.8. Listing date at 9:00 on Thursday, 26 May 2022

*     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


05 May 2022
Satrix Managers (RF) Pty Limited

JSE Sponsor
Vunani

Date: 05-05-2022 01:25:00
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