SATRIX COLLECTIVE INVESTMENT SCHEME - Listing Of The Satrix Global Infrastructure Feeder ETF On The JSE In The Exchange Traded Fund Sector - STXIFR

Listing Of The Satrix Global Infrastructure Feeder ETF On The JSE In The Exchange Traded Fund Sector - STXIFR

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX GLOBAL INFRASTRUCTURE FEEDER ETF
JSE Code: STXIFR
ISIN: ZAE000301586
("Satrix Global Infrastructure" 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 GLOBAL INFRASTRUCTURE FEEDER ETF AND THE
SCHEME REFERENCING THE FTSE GLOBAL CORE INFRASTRUCTURE 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 Global Infrastructure participatory interests provides the
investor diversified exposure to the largest and most liquid
infrastructure companies across developed and emerging markets.


2. Listing approval

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


3. Summary of the offer

3.1. Issuer

     Satrix Global Infrastructure, 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:                 ZAE000301586

3.3. Share code:           STXIFR

3.4. Long name:            Satrix Global Infrastructure Feeder ETF

3.5. Abbreviated name:     SATRIXIFR

3.6. Index

     The   FTSE  Global  Core  Infrastructure Index  tracks  the
     performance of international infrastructure companies from
     both developed and emerging countries. The FTSE Global Core
     Infrastructure Index give participants an industry defined
      interpretation of infrastructure and adjust the exposure to
      certain infrastructure sub-sectors. Constituents are selected
      from FTSE Global All Cap Index using FTSE Russell’s definition
      of infrastructure. Stocks are selected and weighted to ensure
      the index is investable and stocks are screened to ensure that
      the index is tradable.


3.7. Distribution or accounting period

      The   underlying  fund   distributes   the  income  from   the
      constituents of the index quarterly. The Satrix Global
      Infrastructure Feeder ETF will distribute the income quarterly
      in a 3 month period ending March, June, Sept and Dec in each
      year of all income received, or such other date as may be
      determined by the Manager in consultation with the Trustees
      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   Monday,   23
     August 2021

4.2. Closing date of the initial offer at 12:00 on Tuesday, 31
     August 2021

4.3. Ramp up period in respect of cash subscriptions commences on
     Wednesday, 01 September 2021

4.4   Settlement of Letters of allocation on Thursday, 02 September
      2021

4.5. Publication of announcement on SENS as to the results of the
     initial offer on Friday, 03 September 2021

4.6   Publication of conversion ratio on Monday, 06 September 2021

4.7   Ramp up period in respect           of   in      specie   subscriptions,
      Wednesday, 08 September 2021

4.8. Listing date at 9:00 on Thursday, 09 September 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 offering is
available on the website of the Satrix Collective Investment Scheme
on www.satrix.co.za



20 August 2021
Satrix Managers (RF) Pty Limited


Sponsors
Vunani

Date: 20-08-2021 04:30:00
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