CSEW40 201905020036A
Result of ballot voting procedure in respect of the amendment of the coreshares Equal Eeight Top 40 ETF
CoreShares Index Tracker Managers (RF) Proprietary Limited
CoreShares Equal Weight Top 40 ETF
Share code: CSEW40
ISIN: ZAE000217139
A portfolio in the CoreShares Index Tracker Collective Investment Scheme registered as such in terms
of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker
Managers (RF) Proprietary Limited ("CoreShares")
RESULT OF BALLOT VOTING PROCEDURE IN RESPECT OF THE AMENDMENT OF THE
CORESHARES EQUAL WEIGHT TOP 40 ETF TO THE CORESHARES SCIENTIFIC BETA MULTI
FACTOR ETF
Investors are referred to the announcements released on SENS on 18 February 2019 regarding the
ballot voting procedure in respect of the amendment of the CoreShares Equal Weighted Top 40 ETF to
the CoreShares Scientific Beta Multi Factor ETF and are advised that the audited results of the voting
ballot procedure were as follows:
Summary of Votes
Total Total Total Responses in Responses
responses responses units favor of the against the
received not name and name and
received index index
tracking tracking
change of the change of the
CoreShares CoreShares
Top 40 Top 40
Units per shareholder 346 542 2 259 596 2 605 138 304 114 41 428
register
% of total units 13.26% 86.74% 100%
% of responses 88.01% 11.99%
received
CoreShares is regulated by the Financial Sector Conduct Authority (formerly the Financial Services
Board). In terms of Section 98(2) of the Collective Investment Schemes Control Act of 2002 and clause
67 of the Main Deed of the Scheme, investor consent is required to effect the proposed amendment,
which allow for the following:
• Investors holding no less than 25% in value of the total number of participatory investors in the
Portfolio, excluding CoreShares, must respond to the ballot voting request, for it to be successful
(Clause 67.1 of Main Deed).
• If the majority of those who have responded to the ballot, have voted in favour, then the amendment
will be successful.
• Where less than 25% of investors respond, a second ballot must be conducted where only the
majority result of those who have responded, will determine whether the amendment will be
successful or not i.e. 25% quorum is not required (Clause 67.3 of Main Deed).
Less than 25% of the total number of participatory investors in the portfolio responded to the first ballot
request, therefore the ballot voting procedure was not successful and a second ballot voting procedure
will be conducted.
The salient dates and information relating to the second ballot voting procedure will be announced on
SENS in due course.
Should you require any further assistance please send an email to info@coreshares.co.za .
2 May 2019
Corporate advisor and sponsor: Grindrod Bank Limited
Trustee: Société Générale
Date: 02/05/2019 09:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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