Stockbrokers

1. How can you invest in PropTrax?

Through your own stockbroker at any time during market hours (being 09h00 until 17h00 in South Africa) on South African business days given normal trading conditions.

PropTrax SAPY	Share code: PTXSPY
PropTrax^Ten	Share code: PTXTEN

2. How does an investor BUY PropTrax securities?

An investor may buy PropTrax securities through a registered member of the JSE. Should you not have a broker, you can contact the participating broker or the JSE, who will be able to furnish you with contact details for JSE members.

As with any share transaction, your broker will attempt to find a sell order for PropTrax securities in the market and match that against your buy order.

Where the market does not provide an instant match, PropTrax has appointed official market makers who provide liquidity to the market for PropTrax securities.

3. How can I SELL my PropTrax participatory interests?

Should you wish to sell your participatory interests you should contact your broker to facilitate their sale on the JSE.

PropTrax securities are freely tradeable. Given that they are issued only in dematerialised form, any trades are settled through STRATE.

The market maker may also purchase your securities from you.