SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Distribution Announcement Period Ended 31 December 2017 Update - SYGP

Release Date: 12/01/2018 16:07
Code(s): SYGP
Wrap Text
Distribution Announcement – Period Ended 31 December 2017 – Update - SYGP

The Sygnia Itrix Collective Investment Scheme
JSE code: SYGP
ISIN: ZAE000251369
(“SYGP” or the “ETF”)

A portfolio in the Sygnia Itrix Collective Investment Scheme in Securities,
registered as such in terms of the Collective Investment Schemes Control
Act, 45 of 2002.


Further to the announcement released on SENS on Thursday, 4 January 2018,
holders of SYGP securities are advised that the net distribution payable on
Wednesday 17 January 2018 will be a minimum amount of ZAR 0.10524 per SYGP
security.   This is based on the ZAR/USD exchange rate prevailing on
Thursday, 11 January 2018 of 12.4048777.

The net ZAR distribution     amount   of   ZAR   0.10524   per    SYGP   security    is
calculated as follows:

-    Gross foreign dividends of ZAR 0.16129 (one six point one two nine
-       Less: Foreign withholding tax of ZAR 0.03742 (three point seven four
    two cents);
-    Less:    Management fee of ZAR 0.01863 (one point eight six three

All income derived is      foreign    in   nature   and    does   not    include    any
manufactured dividends.

The aggregate amount payable to each investor will be rounded down to the
nearest cent. The balance (if any) will be retained and paid out in the
following distribution period.

All amounts have been rounded to the fifth decimal point.

12 January 2018

Sygnia Itrix Collective Investment Scheme

The Standard Bank of South Africa Limited

Vunani Corporate Finance

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