SATRIX COLLECTIVE INVESTMENT SCHEME - Results Of The Initial Offer For The Satrix Quality South Africa Portfolio-STXQUA

Results Of The Initial Offer For The Satrix Quality South Africa Portfolio-STXQUA

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX QUALITY SOUTH AFRICA PORTFOLIO
JSE Code: STXQUA
ISIN: ZAE000247987
("Satrix Quality" 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.

RESULTS OF THE INITIAL OFFER FOR THE SATRIX QUALITY SOUTH AFRICA
PORTFOLIO
(“THE PORTFOLIO”)

Further to the announcement released on SENS on Thursday, 31 August
2017 regarding the listing approval and the initial public offer
(“the offer”) for subscription to the portfolio, Satrix Managers
(RF) Pty Limited hereby announce the results of the offer.

1. Cash subscription

The total cash subscription to the offer is for an amount of R 24
185 000(Twenty four million one hundred and eighty five thousand
rand). One letter of allocation (“LA”) was issued for every rand
subscribed to the subscriber’s CSDP or broker account and the
corresponding rand amount debited.

2. In-Specie subscription

An additional in-specie subscription for 500 000 (five hundred
thousand) Satrix Quality South Africa Securities was received on
Friday, 15 September 2017.

3. Conversion ratio of the LA

STRATE will convert the LA to Satrix securities in the subscriber’s
CSDP or broker accounts in terms of the conversion ratios that will
be published on Thursday, 21 September 2017.


19 September 2017


Sponsor
Vunani Corporate Finance

Satrix Managers (RF) Pty Limited

Date: 19/09/2017 05:05:00 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.