Results Of The Initial Offer For The Satrix Healthcare Innovation Feeder ETF (“The Portfolio”) - STXHLT
SATRIX COLLECTIVE INVESTMENT SCHEME
SATRIX HEALTHCARE INNOVATION FEEDER ETF
JSE Code: STXHLT
("Satrix Healthcare Innovation" or the "Portfolio")
A portfolio in the Satrix Collective Investment Scheme, registered
as such in terms of the Collective Investment Schemes Control Act,
45 of 2002
RESULTS OF THE INITIAL OFFER FOR THE SATRIX HEALTHCARE INNOVATION
FEEDER ETF (“THE PORTFOLIO”)
Further to the announcement released on SENS on Thursday, 5 May 2022
regarding the listing approval and the initial public offer (“the
offer”) for subscription to the portfolio, Satrix Managers (RF) Pty
Limited hereby announce the results of the offer.
1. Cash subscription
The total cash subscription to the offer is for an amount of
R 9 786 900(Nine million Seven hundred and Eighty Six thousand and
Nine hundred rand). One letter of allocation (“LA”) was issued for
every rand subscribed to the subscriber’s CSDP or broker account and
the corresponding rand amount debited.
2. Conversion ratio of the LA
STRATE will convert the LA to Satrix securities in the subscriber’s
CSDP or broker accounts in terms of the conversion ratios that will
be published on Monday, 23 May 2022.
20 May 2022
Satrix Managers (RF) Pty Limited
Date: 20-05-2022 04:15:00
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