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CLOUD ATLAS (RF) PROPRIETARY LIMITED - Change in Issuer Name and Portfolio Details

Release Date: 19/09/2023 16:53
Code(s): ASBI AMIB50     PDF:  
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Change in Issuer Name and Portfolio Details

Cloud Atlas (RF) Proprietary Limited
The Cloud Atlas Collective Investment Scheme in Securities
S&P African Sovereign Bond ETF
JSE code: ASBI
ISIN: ZAE000297354
(“ASBI ETF”)

and

Cloud Atlas (RF) Proprietary Limited
The Cloud Atlas Collective Investment Scheme in Securities
AMI Big50 ex-SA ETF
JSE code: AMIB50
ISIN: ZAE000242582
(“Big50 ETF”)


CHANGE IN ISSUER NAME AND PORTFOLIO DETAILS

Unitholders are hereby informed of the updated issuer name and portfolio details which will be
effective as from Tuesday, 10 October 2023.

Background

Cloud Atlas (RF) (Pty) (“Cloud Atlas”) recently became a 100% owned subsidiary of First World Trader
(Pty) Ltd t/a EasyEquities (“EasyEquities”). EasyEquities has embarked on a process to align the Cloud
Atlas business with the “Easy” brand and a complete and extensive rebranding of Cloud Atlas’
collective investment schemes business process is currently underway. The re-branding process was
preceded by an application for name changes of the CIS Manager, the Schemes and Portfolios. The
application was approved by the Financial Sector Conduct Authority (“FSCA”)

Cloud Atlas has a distinct brand and as part of the business strategy of entities falling under the
broader group, it is intended that there is an alignment of brands within the EasyEquities Group. The
brand realignment initiative will strengthen client perception of brand affiliation with the EasyEquities
Group (“the Group”). This approach will also ensure that clients understand and appreciate the
integration of Cloud Atlas into the EasyEquities Group. This will be a positive benefit to clients and
other stakeholders.

EasyEquities and the “Easy” brand carried by other group entities is a household name in the South
African financial services sector. The brand alignment initiative will assist in instilling trust in investors
who use a variety of products at EasyEquities and within the Group.
Changed Portfolio Details

                      Existing Name                               Proposed New Name

 CIS Manager          Cloud Atlas (RF) (Pty) Ltd                  EasyETFs (RF) (Pty) Ltd



 Portfolios           Long Name: Africa Sovereign Bond ETF        Long Name: EasyETFs
                                                                  Africa Bond ETF
                      Short Name: AFRICABOND
                                                                  Short Name: AFRICABOND
                      JSE Code: ASBI
                                                                  (remains unchanged)
                      ISIN: ZAE000297354
                                                                  JSE Code: ASBI (remains
                                                                  unchanged)

                                                                  ISIN: ZAE000297354
                                                                  (remains unchanged)

                      Long Name: AMI Big50 ex-SA ETF              Long Name: EasyETFs AMI
                                                                  Big50 ETF
                      Short Name: AMIBIG50
                                                                  Short Name: AMIBIG50
                      JSE Code: AMIB50
                                                                  (remains unchanged)
                      ISIN: ZAE000242582
                                                                  JSE Code: AMIB50 (remains
                                                                  unchanged)

                                                                  ISIN: ZAE000242582
                                                                  (remains unchanged)



Impact on investors

The proposed name changes will have no impact on investors as the ETFs are currently suspended. An
application for winding down up the portfolios was sent to the FSCA on 3 July 2023, and it is currently
pending.

The securities will remain in the same sector and will retain their historical trading and financial reference
data.
 Proposed timelines

 Publication of declaration announcement on           Tuesday, 19 September 2023
 SENS



 Publication of finalisation information relating     Tuesday, 19 September 2023 (same date as
 to the proposed transaction                          declaration date as the ETFs are currently
                                                      suspended from trading on the JSE, and will
                                                      remain suspended)

 Last day to trade securities under the old           Wednesday, 4 October 2023
 name.



 List and trade securities under the new name.       Thursday, 5 October 2023 (the ETFs are
 (Termination of trading of old name securities      currently suspended from trading on the JSE,
 on JSE trading system)                              and will remain suspended)

 Record date                                         Monday, 9 October 2023

 Issue of new securities. Certificates               Tuesday, 10 October 2023 (the ETFs are
 posted/CSDPs and brokers accounts updated           currently suspended from trading on the JSE,
 (Pay Date)                                          and will remain suspended)



19 September 2023
Sponsor

Vunani Sponsors

Date: 19-09-2023 04:53:00
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