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STANLIB COLLECTIVE INVESTMENTS (RF) PROPRIETARY LIMITED - Results Of The Initial Offer And Conversion Ratio Of The Stanlib Global REIT Index Feeder ETF - ETFGRE

Release Date: 12/03/2018 16:20
Code(s): ETFGRE     PDF:  
Wrap Text
Results Of The Initial Offer And Conversion Ratio Of The Stanlib Global REIT Index Feeder ETF - ETFGRE

STANLIB Collective Investments Limited
(Registration number 1969/003468/06)
(“STANLIB” or “the Manager”)
(being the manager of the STANLIB ETF)

STANLIB GLOBAL REIT INDEX FEEDER ETF (“ETFGREIT”)
(being a portfolio under the STANLIB Collective Investment Scheme (“STANLIB CIS”) registered in the
Republic of South Africa in terms of the Collective Investment Schemes Control Act, 45 of 2002 (“CISCA”))
Share Code: ETFGRE
ISIN: ZAE000255196
Abbreviated Name: ETFGREIT


RESULTS OF THE INITIAL OFFER AND CONVERSION RATIO OF THE STANLIB GLOBAL REIT
INDEX FEEDER ETF


Further to the announcement published on SENS on 16 February 2018 regarding the listing approval and
initial offer of ETFGREIT securities, cash subscriptions in the amount of R6,488,500.00 were received. 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.

STRATE will convert the LA to ETFGREIT securities in the subscriber’s CSDP or broker accounts in terms
of the conversion ratio of 0.069097634276 ETFGREIT securities per 1 LA issued.

Accordingly, a total of 448,333 ETFGREIT securities will be issued to list in the “Exchange Traded Funds”
sector of the Main Board of the JSE, subject to JSE approval, at an issue price of approximately R14.47
per security, with effect from the commencement of trade on Wednesday, 14 March 2018

Further to the announcement published on SENS on 16 February 2018 regarding the listing approval and
initial offer of ETFGREIT securities, investors are advised that further clarity to the underlying index has
been provided and a revised supplement has been issued which will be available on the issuers website
(www.STANLIB.com/indexinvestments).


Johannesburg
12 March 2018

Investment Bank and Sponsor
The Standard Bank of South Africa Limited

Date: 12/03/2018 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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