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CORESHARES INDEX TRACKER MANAGERS (RF) PROPRIETARY LIMITED - Result of ballot voting procedure in respect of the amendment of the coreshares Equal Eeight Top 40 ETF2 May 2019
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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