SATRIX COLLECTIVE INVESTMENT SCHEME - Fraction Rate Announcement in Respect of the STXEQM ETF Amalgamation with STXMMT Portfolio

Fraction Rate Announcement in Respect of the STXEQM ETF Amalgamation with STXMMT Portfolio

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")

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

FRACTION RATE ANNOUNCEMENT IN RESPECT OF THE SATRIX EQUITY MOMENTUM
ETF (STXEQM) AMALGAMATION WITH SATRIX MOMENTUM PORTFOLIO (STXMMT)

Further to the announcement released on SENS on Thursday, 01 February
2024 regarding the finalisation announcement, and the issue price
announcement on Friday, 09 February 2024, Satrix Managers (RF) Pty
Limited hereby announce the fraction rate.

SATRIX Equity Momentum ETF (STXEQM) 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 Equity Momentum ETF (STXEQM) as at
record date Tuesday, 13 February 2024.

The conversion ratio is 3.5822. For each STXEQM unit, an investor will
receive 3.5822 STXMMT units as at market close on Wednesday, 31 January
2024.

The fraction rate is R12.17990 (1217.990 cents) at LDT+1 less 10%.
This equates to R10.96191 (1096.191 cents), which is 1217.990 cents
less 10%.

Example of fractional entitlement
Assuming an investor holds 10 STXEQM securities on Tuesday, 13
February 2024 (Record date), the investor will receive 10 x 3.5822 =
35.8220 STXMMT securities. This is then rounded down to 35 securities.
The fraction of 0.8220 securities is paid at a rate of R10.96191
(1096.191 cents).


12 February 2024
Satrix Managers (RF) Pty Limited

Sponsors
Vunani Sponsors

Date: 12-02-2024 01:00:00
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.