SATRIX COLLECTIVE INVESTMENT SCHEME - Correction to Fraction Rate Announcement in Respect of the STXT50 ETF Amalgamation with the STXQUA ETF

Correction to Fraction Rate Announcement in Respect of the STXT50 ETF Amalgamation with the STXQUA ETF

SATRIX COLLECTIVE INVESTMENT SCHEME 2
SATRIX S&P GIVI SOUTH AFRICA TOP 50 ETF
JSE code: STXT50
ISIN code: ZAE000318317
("SATRIXT50")

SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX QUALITY SOUTH AFRICA ETF
JSE Code: STXQUA
ISIN: ZAE000247987
("SATRIXQUA")

A portfolio in the Satrix Collective Investment Scheme, registered as
such in terms of the Collective Investment Schemes Control Act, 45 of
2002

CORRECTION TO FRACTION RATE ANNOUNCEMENT IN RESPECT OF THE SATRIX S&P
GIVI SOUTH AFRICA TOP 50 ETF AMALGAMATION WITH THE SATRIX QUALITY
SOUTH AFRICA ETF

Further to the announcement released on SENS on Monday, 29 January
2024 regarding the fraction rate announcement, Satrix Managers (RF)
Pty Limited hereby announces the fraction rate.

SATRIX S&P GIVI South Africa Top 50 ETF investors are further advised
that, they will be paid a fractional entitlement in the instance where
fractional ETF securities cannot be issued. This will be equivalent
to the fraction each individual is entitled to based on their
individual holdings in the SATRIX S&P GIVI South Africa Top 50 ETF as
at record date Tuesday, 30 January 2024.

The conversion ratio is 6.1246. For each STXT50 unit, an investor will
receive 6.1246 STXQUA units as at market close on Wednesday, 17 January
2024.

The fraction rate is R8.1287 (812.87 cents) at LDT+1 less 10%. This
equates to R7.31583 (731.583 cents), which is 812.87 cents less 10%.

Example of fractional entitlement
Assuming an investor holds 10 STXT50 securities on Tuesday, 30
January 2024 (Record date), the investor will receive 10 x 6.1246 =
61.246 STXQUA securities. This is then rounded down to 61 securities.
The fraction of 0.246 securities is paid at a rate of R7.31583 (731.583
cents).

30 January 2024
Satrix Managers (RF) Pty Limited

Sponsors
Vunani Sponsors

Date: 30-01-2024 04:10:00
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