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JSE Market Consultation – FTSE/JSE All Property Index Expansion
SPEAR REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2015/407237/06)
Share Code: SEA
ISIN: ZAE000228995
LEI: 378900F76170CCB33C50
Approved as a REIT by the JSE
("Spear" or "the Company")
JSE MARKET CONSULTATION – FTSE/JSE ALL PROPERTY INDEX EXPANSION
Shareholders are referred to the market consultation paper, published by the JSE on 4 November 2024,
regarding the proposed expansion of the FTSE/JSE All Property Index ("ALPI") methodology, to de-link the
eligibility criteria from the broader FTSE/JSE All Share Index ("ALSI") benchmark.
The proposed methodology means that listed property constituents of the FTSE/JSE Fledgling Index, which
pass liquidity, would also qualify for inclusion into the ALPI. If the proposed new methodology is applied to
the September 2024 Review of the Real Estate Industry ordinary shares listed on the main board of the
JSE, Spear would qualify and be included in the ALPI.
The proposed implementation date for the proposal is in Q1 of 2025, effective with the March 2025 Quarterly
Review.
The FTSE/JSE requested feedback from market participants on the proposed changes included in the
market consultation paper by 17:00 on Monday 25 November 2024, which can be submitted to the following
email address: indices@jse.co.za. All feedback received by 25 November 2024 will be carefully considered
before making any final decisions.
The FTSE/JSE would also like to meet with market participants to discuss any further comments,
suggestions or concerns. Please contact the indices team should you wish to arrange a meeting in this
regard.
The market consultation paper can be found at the following link:
https://clientportal.jse.co.za/Content/ICANoticeItems/FTSE-JSE-
Africa/20241125%20Market%20Consultation%20FTSE_JSE%20All%20Property%20Index%20Expansion
.pdf
Cape Town
4 November 2024
Sponsor
PSG Capital
Date: 04-11-2024 04:55:00
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