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SYGNIA ITRIX (RF) PROPRIETARY LIMITED - Distribution Finalisation Announcement Period Ended 31 December 2023 - SYGT40

Release Date: 04/01/2024 12:15
Code(s): SYGT40     PDF:  
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Distribution Finalisation Announcement Period Ended 31 December 2023 - SYGT40

The Sygnia Itrix Collective Investment Scheme
Sygnia Itrix TOP 40 ETF
JSE code: SYGT40
ISIN: ZAE000251351

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.


The Manager and Trustees of the Sygnia Itrix Collective Investment Scheme (being Sygnia Itrix (RF) (Pty) Limited and Standard
Bank of South Africa Limited), respectively, have declared a distribution to holders of SYGT40 securities ("investors") recorded in the
register on Friday, 12 January 2024 in respect of the period ended 31 December 2023.

An aggregated amount of 8.52607 ZAR cents (R 0.08526) per SYGT40 security is declared as follows:

 Alpha Code: SYGT40             Dividend    *Interest        Total

 Distribution Source type       Local       Local
 Net Distribution Reinvested    No          No
 Source of Funds (Country
 Code)                          ZA          ZA
 Subject to Foreign
 Withholding tax                No          No
 Gross Foreign Rate (cents
 per unit)
 Foreign Tax % withheld at
 Foreign Tax amount per unit
 DTA with Source Country
 Foreign Tax Reclaim %
 Portfolio/Management Cost
 Interest Expense
 Other costs
 Gross ZA Distribution (Cents
 per unit)                      8.32865     0.19742          8.52607
          ***Applicable to non-exempt South African shareholders

 Gross Local Rate (cents per
 unit)                         8.32865      0.19742

 SA Withholding Tax %          20.00%

 SA Withholding Tax amount
 per unit                      1.66573

 Local Net Rate                6.66292      0.19742           6.86034

Notice is hereby given that the following dates are of importance in regard to the distribution for the period ended 31 December 2023 by the
ETF to holders of SYGT40 securities:

Last day to trade "cum" distribution:                 Tuesday,     09   January   2024
Securities trade "ex" distribution:                   Wednesday,   10   January   2024
Record date:                                          Friday,      12   January   2024
Payment date:                                         Monday,      15   January   2024

The distribution will be paid on Monday, 15 January 2024 to all securities holders recorded in the register on Friday, 12 January 2024.

***South African tax: No dividend withholding tax will be deducted from dividends payable to a South African tax resident qualifying for
exemption from dividend withholding tax provided that the investor has provided the following forms to their Central Securities Depository
Participant ("CDSP") or broker, as the case may be in respect of its participatory interest:

   a) a declaration that the distribution is exempt from dividends tax; and

   b) a written undertaking to inform their CSDP or broker, as the case may be, should the circumstances affecting the exemption change or
      the beneficial owner cease to be the beneficial owner, both in the form prescribed by the South African Revenue Service. South African
      tax resident investors are advised to contact their CSDP, to arrange for the abovementioned documents to be submitted prior to payment
      of the distribution, if such documents have not already been submitted.

*Interest accruing from a South African source to a non-resident, excluding a controlled foreign company, will be subject to withholding tax
at a rate of 15% on payment, except interest,
   •   arising on any Government debt instrument.
   •   arising on any listed debt instrument.
   •   arising on any debt owed by a bank or the South African Reserve Bank.
   •   arising from a bill of exchange or letter of credit where goods are imported into South Africa and
       where an authorized dealer has certified such on the instrument.
   •   payable by a headquarter company.
   •   accruing to a non-resident natural person who was physically present in South Africa for a period
       exceeding 183 days in aggregate, during that year, or carried on a business through a permanent
       establishment in South Africa.

04 January 2024

Sygnia Itrix (RF) (Proprietary) Limited

The Standard Bank of South Africa Limited

JSE Sponsor
Vunani Sponsors

Date: 04-01-2024 12:15:00
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