General SENS Submitter Company - Informative Notice 20241028 FTSE JSE Ground Rule Update new and newly eligible IFLs

Informative Notice – 20241028 FTSE JSE Ground Rule Update new and newly eligible IFLs

                                                                                                                        CORPORATE




                  FTSE JSE Africa Index Series: Ground Rule Update


                                                 28 October 2024
 FTSE Russell would like to inform clients that the FTSE JSE Africa Index Series Ground Rules have been updated as
 shown below effective immediately.

 New Rule

 Section 4: Index construction

 Rule 4.3.7 - New and newly eligible inward foreign listings (update in bold)
              To be considered for index inclusion, new inward listings with a global free float greater than 5% and a
              SWIX investable market capitalisation less than 0.5% of the small cap index on the review cut-off date will
              have their SWIX free float adjusted such that the SWIX investable market capitalisation is equal to 0.5% of
              the small cap index. This adjustment will only be done during the first year of index inclusion, where
              necessary, and thereafter, the SWIX free float will be updated based on the actual Strate register
              number.



 Old Rule

 Section 4: Index construction

 Rule 4.3.7 - New and newly eligible inward foreign listings
              To be considered for index inclusion, new inward listings with a global free float greater than 5% and a
              SWIX investable market capitalisation less than 0.5% of the small cap index on the review cut-off date will
              have their SWIX free float adjusted such that the SWIX investable market capitalisation is equal to 0.5% of
              the small cap index. This adjustment will only be done during the first year of listing and thereafter, the
              SWIX free float will be updated based on the actual Strate register number.




 The updated Ground Rules (v8.7) can be found using the following link: ftse-jse-africa-index-series-ground-rules.pdf




For further information please contact FTSE Russell Client Services at info@ftserussell.com or call:

 Australia             +61 (0) 2 7228 5659
 Hong Kong             +852 2164 3333
 Japan                 +81 3 6441 1430
 London                +44 (0) 20 7866 1810
 New York              +1877 503 6437




Alternatively please visit our website at lseg.com/ftse-russell


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Date: 28-10-2024 10:07:00
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