PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional PMXINC Securities
What this filing means
Prescient listed 293,615 additional PMXINC securities on 5 November 2026 at an issue price of approximately R11.70 per security, taking the PortfolioMetrix Active Income Prescient Actively Managed ETF to 123,069,538 securities in issue. The notice is a mechanical unit creation: it states the new count and the issue price, and gives no cause for the creation and no economic signal about the fund's holdings or performance.
The fund has issued more units and the JSE has approved listing them, so there are now more PMXINC securities in circulation than before. The notice gives the new unit count and the issue price, and it does not say why the units were created. It also carries no portfolio, performance or distribution information, so a reader learns nothing here about what the fund holds or how it has done.
Bear case
- Missing evidence: the notice gives no portfolio, performance or distribution information, so nothing here speaks to the fund's holdings or returns.
AI-generated summary by SENS-AI, based on the original JSE SENS filing.
SENS-AI conclusion
A mechanical unit-creation notice with no economic content. It confirms the new unit count and the issue price and nothing more: no cause for the creation, no portfolio detail, no performance or distribution information. Existing holders are not told anything about the fund's assets or returns here. So what: nothing changes in the investment case; the notice settles only the number of securities listed and the resulting securities in issue.
This notice settles only the number of securities listed and the resulting securities in issue; it carries no portfolio, performance or distribution information.
Evidence from the filing
The filing states the number of securities listed and the issue price.
“The JSE has approved the listing of additional 293,615 PMXINC securities with effect from today, at an issue”
The filing states the resulting total securities in issue.
“Following the listing of the 293,615 securities, there will be 123,069,538 PMXINC securities in issue.”
Related filings
Other ETF Unit Creation
- PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional OYSTER Securities
- PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional ADXWWE Securities
- PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional ORBIGG Securities
- PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional PWMEXI Securities
- PRESCIENT MANAGEMENT COMPANY (RF) PROPRIETARY LIMITED - Listing of Additional PREGIP Securities