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CORESHARES GLOBAL INVESTMENTS PCC - Listing of Coreshares Global Prop Securities - GLPROP

Release Date: 02/11/2016 09:49
Code(s): GLPROP     PDF:  
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Listing of Coreshares Global Prop Securities - GLPROP

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.

1. LISTING OF CORESHARES GLOBAL PROP SECURITIES

Further to the announcement released on SENS on Friday, 14 October 2016, Grindrod Bank is
authorised to announce the listing on the Main Board of the JSE Limited (“JSE”) of
2,217,983 CoreShares Global Prop securities in the "Exchange Traded Funds" sector, with effect from
commencement of business on Friday, 4 November 2016.


The 2,217,983 CoreShares Global Prop securities will be issued to applicants who subscribed for
76,324,322 Letters of Allocation (“LA”) of R1 each. Investors will be entitled to 0.02906 CoreShares
Global Prop Securities for each LA (‘the conversion ratio’). The listing price per CoreShares Global
Prop security will accordingly be approximately R34.41.

The conversion ratio reflects the actual price paid and costs incurred to acquire the underlying index
during the Ramp-Up Period. Investors are notified that an approximate exchange rate of
1USD:ZAR13.88 was achieved during the Ramp-Up Period.

Copies of the CoreShares S&P Global Property Exchange Traded Fund Pre-Listing Statement, in
English, may be obtained during normal business hours from the office of the local manager,
CoreShares Index Tracker Managers (RF) Proprietary Limited, located at Grindrod Tower, 4th Floor,
8a Protea Place, Sandton, 2096 and is available on the website: www.coreshares.co.za.

2. APPROVAL

Approval for the listing of the CoreShares Global Prop participatory interests was granted by the JSE
on 14 October 2016.

3. NOTICE

CoreShares Global Prop securities are not in any way sponsored, endorsed, sold or promoted by the
JSE and it does not make any warranty or representation whatsoever, expressly or implied, either as
to the basis of calculation of, or as to the results to be obtained from the use of the S&P Global Property
40 Index (“the Index”) and/or the value at which the said Index stands at any particular time on any
particular day or otherwise. The Index is compiled and calculated on behalf of and on the instructions
of CEM by S&P Dow Jones Indices LLC. The JSE shall not be liable (whether in negligence or
otherwise) to any person for any error in the Index and the JSE shall not be under any obligation to
advise any person of any error therein.

2 November 2016

Corporate advisor and sponsor:            Grindrod Bank Limited

Date: 02/11/2016 09:49:00 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.

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