PTXTEN PTXSPY 201905230014A
Ballot procedures in respect of amendment to investment policy of PTXTEN and amalgamating CoreShares PTXSPY
CoreShares Index Tracker Managers (RF) Proprietary Limited
CoreShares PropTrax 10 ETF
Share code: PTXTEN
ISIN: ZAE000155362
CoreShares PropTrax SAPY ETF
Share code: PTXSPY
ISIN: ZAE000101911
Portfolios 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").
BALLOT PROCEDURES IN RESPECT OF (1) THE AMENDMENT OF THE INVESTMENT POLICY
OF THE CORESHARES PROPERTY TOP TEN EXCHANGE TRADED FUND ("PTXTEN"); AND (2)
AMALGAMATING THE CORESHARES PROPERTY SAPY EXCHANGE TRADED FUND WITH
CORESHARES PROPERTY TOP TEN EXCHANGE TRADED FUND.
Investors are referred to the announcement released on SENS on 17 May 2019, regarding the ballot
voting procedures in respect of the amendment of the Investment policy and name change of the
CoreShares Property Top Ten ETF, and the amalgamating/ conversion of the CoreShares Property
SAPY ETF with the CoreShares Property Top Ten ETF (the "Amendments") and are advised of the
updated salient dates in respect of the Amendments, as set out below:
Expected timeline for the implementation of the Amendments 2019
Record date for the ballot voting procedures regarding the Amendments Friday, 10 May
Declaration Data SENS announcement of approval of the Amendments Friday, 17 May
Last day of investors to return / respond to their JSE brokers/ CSDPs on Friday, 28 June
whether they approve the Amendments or not1
Last day for investors/ their JSE brokers/ CSDPs to return / respond to the Friday, 28 June
Auditors on whether they approve the Amendments or not, by close of
business1
Deadline for Auditors to submit the findings report to Coreshares Friday, 05 July
CoreShares to submit the Auditor's findings report to FSCA Monday, 09 July
FSCA to advise CoreShares to submit signed supplemental deeds for Monday, 15 July
approval
Results of ballot SENS announcement1 and 2(last date for release of Tuesday, 23 July
announcement)
Determination of CoreShares PropTrax SAPY ETF final conversion ratio at Monday, 29 July
market close on
Announcement of final conversion ratio of CoreShares PropTrax SAPY Tuesday, 30 July
ETF on SENS before 11:00
Last Day to Trade in the CoreShares PropTrax Ten ETF, in respect of the Tuesday, 30 July
amendment of the investment policy and the name change to the new
CoreShares SAProp Income ETF
1
Last Day to Trade in the CoreShares PropTrax SAPY ETF, in respect of Tuesday, 30 July
the amalgamation/ conversion to the new CoreShares SAProp Income
ETF
Suspension of trading of the CoreShares PropTrax Ten ETF on the JSE Wednesday, 31 July
Suspension of trading of the CoreShares PropTrax SAPY ETF on the JSE Wednesday, 31 July
Commencement of trading in the CoreShares SAProp Income ETF on the Wednesday, 31 July
JSE (New ISIN: ZAE000273165; Share Code:CSPROP)
Announcement of any fractional entitlement in respect of the Thursday, 1 August
amalgamation/ conversion of the CoreShares PropTrax SAPY ETF to the
new CoreShares SAProp Income ETF before 11:00 on3
Record date Friday, 02 August
Accounts of dematerialised securities holders updated at their CSDPs or Monday, 05 August
brokers
Payment of fractional entitlements to security holders of CoreShares Monday, 05 August
PropTrax SAPY ETFs
Termination of trading of CoreShares PropTrax Ten and CoreShares Tuesday, 06 August
PropTrax SAPY ETFs on the JSE
Notes:
1. Investors are reminded that, as set out in the supplement and SENS announcement dated 17
May 2019, the Amendments are subject to investor approval through the ballot voting
procedures. The above dates are the expected dates, should the ballot voting procedures be
successful.
2. In the event that the first ballot voting procedures are unsuccessful, due to a quorum not
being obtained, a second round of ballot voting procedures may be implemented. Should
this be the case, a new expected timeline for the second ballot voting procedures and
implementation of the Amendments will be announced on SENS, in due course.
3. The cash value for any fractional entitlement that could result from the conversion/
amalgamation of the CoreShares PropTrax SAPY ETF securities, will be determined using
the weighted average traded price for Wednesday, 31 July 2019 (LDT+1), less 10%.
Should you require any further assistance please send an email to info@coreshares.co.za
23 May 2019
Corporate advisor and sponsor: Grindrod Bank Limited
Trustee: Société Générale
2
Date: 23/05/2019 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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