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Ballot Results in Respect of Amalgamating the Sygnia Itrix SWIX 40 ETF with Sygnia Itrix Top 40 ETF
Sygnia Itrix (RF) (Proprietary) Limited
Sygnia Itrix SWIX 40 ETF
JSE Code: SYGSW4
ISIN: ZAE000251344
Sygnia Itrix Top 40 ETF
JSE Code: SYGT40
ISIN: ZAE000251351
Portfolios in the Sygnia Itrix Collective Investment Scheme registered as such in terms of the
Collective Investment Schemes Control Act, 45 of 2002 ("the Act"), managed by Sygnia Itrix
(RF) Proprietary Limited ("Sygnia Itrix").
BALLOT RESULTS IN RESPECT OF AMALGAMATING THE SYGNIA ITRIX SWIX 40 ETF
WITH SYGNIA ITRIX TOP 40 ETF
Investors are referred to the announcements released on SENS on 15 August 2023 regarding
the ballot procedures in respect of amalgamating the Sygnia Itrix SWIX 40 ETF ("SYGSW4")
with the Sygnia Itrix Top 40 ETF ("SYGT40") and are advised that the audited results of the
voting ballot procedures were as follows:
1. Summary of Votes – SYGSW4
Votes in favour Votes not cast Votes against Total
Market value of units 105,277,855 77,540,812 - 182,818,667
Percentage response 57.59% 42.41% 0.00% 100.00%
In terms of section 99 of the Act, the ballot is valid if the majority of investors, excluding the
manager, vote in favour of the amalgamation. Absence of a response is regarded as a vote in
favour of the amalgamation. Only investors in the SYGSW4 portfolio were required to vote.
Investors in the SYGT40 portfolio were not required to vote.
2. Results
Investors in SYGSW4 have provided consent for SYGSW4 to amalgamate with SYGT40. No
investors in SYGT40 have objected to the amalgamation. Therefore, the ballot succeeded and
the amalgamation of SYGSW4 into SYGT40 will be effective on 15 November 2023.
3. Salient dates
As published on SENS on 15 August 2023 the salient dates remain as follows:
Salient dates 2023
SENS announcement confirming the results of the ballot and Monday, 06 November
finalisation information
Trade date for rebalance trades to align SYGSW4 with SYGT40 Tuesday, 7 November
Settlement date for rebalance trades Friday, 10 November
Calculation of conversion ratio at market close on Monday, 13 November
SENS announcement of conversion ratio by 11am Tuesday, 14 November
Last day to trade in respect of the special distribution and the Tuesday, 14 November
amalgamation
Suspension of trading of the SYGSW4 ETF shares on the JSE Wednesday, 15 November
Commencement of trading of the issued shares under the name Wednesday, 15 November
Sygnia Itrix Top 40 ETF (ISIN: ZAE000251351 and alpha code:
SYGT40)
SENS announcement in respect of cash rates for the special Wednesday, 15 November
distribution by 11am
SENS announcement of fractional entitlements, by 11:00 Thursday, 16 November
Record date Friday, 17 November
Accounts of dematerialised securities holders updated at their Monday, 20 November
CSDPs or brokers
Payment date of fractional shares and special distribution Monday, 20 November
Termination of listing of SYGSW4 ETF shares on the JSE Tuesday, 21 November
Should you require any further information, please do not hesitate to contact our Client Contact
Centre on 0860 794 642.
6 November 2023
Manager
Sygnia Itrix (RF) (Proprietary) Limited
Trustee
The Standard Bank of South Africa Limited
JSE Sponsor
Vunani Sponsors
Date: 06-11-2023 12:50:00
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