SATRIX COLLECTIVE INVESTMENT SCHEME - Conversion Ration And The Listing Of The Satrix Smart City Infrastructure Feeder Etf ("The Portfolio") - STXCTY

Conversion Ration And The Listing Of The Satrix Smart City Infrastructure Feeder Etf ("The Portfolio") - STXCTY

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX SMART CITY INFRASTRUCTURE FEEDER ETF
JSE Code: STXCTY
ISIN: ZAE000311577
("Satrix Smart City 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

CONVERSION RATIO AND THE LISTING OF THE          SATRIX   SMART   CITY
INFRASTRUCTURE FEEDER ETF (“THE PORTFOLIO”)

Further to the announcement released on SENS on Tuesday, 19 July 2022
regarding the results of the initial public offer (“the offer”) for
subscription to the portfolio, Satrix Managers (RF) Pty Limited hereby
announce the conversion ratio and the listing of the portfolio.

1. Conversion ratio

Investors will be entitled to 0.0203490 (“the conversion ratio”)
Satrix Smart City Infrastructure Securities for every letter of
allocation (“LA”) issued. The LAs will be converted to Satrix Smart
City Infrastructure securities in the subscriber’s CSDP or broker
account.

STRATE will convert the LA to Satrix securities in the subscriber’s
CSDP or broker accounts in terms of the conversion ratio above.


2. Issued securities and listing

Satrix Smart City Infrastructure Feeder ETF will issue 195 043(One
hundred and ninety five thousand and forty three) securities to list
on the “Exchange Traded Funds” sector of the main board of the JSE
Limited, at an issue price of approximately R 49.14 per security, to
commence trading on Tuesday, 26 July 2022.




21 July 2022

Satrix Managers (RF) Pty Limited


JSE Sponsor
Vunani

Date: 22-07-2022 08:30:00
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