Wrap Text
Salient Dates In Respect Of Satrix Equity Momentum ETF (STXEQM) Amalgamation With Satrix Momentum Portfolio (STXMMT)
SATRIX COLLECTIVE INVESTMENT SCHEME 2
SATRIX EQUITY MOMENTUM ETF
JSE code: STXEQM
ISIN code: ZAE000318911
("SATRIXEQM")
SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX MOMENTUM PORTFOLIO
JSE Code: STXMMT
ISIN: ZAE000264008
("SATRIXMMT")
Portfolios in the Satrix Collective Investment Scheme in Securities, registered as such in terms of the
Collective Investment Schemes Control Act, 45 of 2002.
SALIENT DATES IN RESPECT OF SATRIX EQUITY MOMENTUM ETF (STXEQM) AMALGAMATION WITH
SATRIX MOMENTUM PORTFOLIO (STXMMT)
Shareholders are referred to the SENS announcement of Tuesday, 16 January 2024, regarding the
ballot results and change in respect of the amalgamation date of the. Satrix Equity Momentum ETF
("source fund") with the Satrix Momentum Portfolio ("target fund").
The ballot closed on Friday, 22 December 2023, and the majority of shareholders voted in favour of
the amalgamation in terms of section 99 of the CISCA.
The effective date of the amalgamation is Friday, 09 February 2023, as mentioned in the SENS
announcement dated Tuesday, 16 January 2024, and the amalgamation will be implemented in
accordance with the timeline below:
Amalgamation salient dates:
Finalisation announcement (Ratio to be advised) by 11:00 on Thursday, 01 February 2024
Last day to trade (LDT) - (JSE code: STXEQM; ISIN ZAE000318911) Thursday, 08 February 2024
Suspension of trading of the source fund Friday, 09 February 2024
Conversion announcement (issue price of STXMMT) on SENS by 11:00
am Friday, 09 February 2024
Trading in the target fund (JSE code: STXMMT; ISIN ZAE000264008) Friday, 09 February 2024
Fraction Announcement (if applicable), by 11:00 on Monday, 12 February 2024
Record date Tuesday, 13 February 2024
Accounts of dematerialised securities holders at CSDPs or Brokers
updated with removal of the source fund. Wednesday, 14 February 2024
Accounts of dematerialised securities holders of the target fund
updated at their CSDPs or brokers. Wednesday, 14 February 2024
Termination/delisting of the source fund Thursday, 15 February 2024
Income Distribution
As a result of the amalgamation, a special final income distribution on STXEQM will be declared and
paid on 14 February 2024.
Final income distribution salient dates
Declaration date for the amalgamation/conversion and payment on Friday, 26 January 2024
Final income distribution announcement, by 11:00 on Thursday, 01 February 2024
Last day to trade (LDT) Thursday, 08 February 2024
Suspension Friday, 09 February 2024
Record date (RD) Tuesday, 13 February 2024
Payment date Wednesday, 14 February 2024
Termination of listing of STXEQM Thursday, 15 February 2024
Satrix Equity Momentum ETF shares will be suspended from trade on the JSE from Friday, 09 February
2024.
The above dates and times are subject to amendment at the discretion of Satrix Managers, subject to
the approval of the JSE, if required. Any such amendment will be published on SENS.
26 January 2024
Sponsors
Vunani Sponsor
Date: 26-01-2024 03:44:00
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.
Sharenet Sites 
