General SENS Submitter Company - Index Change Advice - 20200703 FTSE JSE Ground Rules Update Preference Share Index

Index Change Advice - 20200703 FTSE JSE Ground Rules Update Preference Share Index

                    FTSE JSE Africa Index Series: Ground Rule Update


                                                           3 July 2020
 FTSE Russell would like to inform clients of the following Ground Rule update to the FTSE JSE Africa
 Index Series Ground Rules which will be effective from the September 2020 index review.

 Section 15: Appendix F – FTSE/JSE Preference Share Index (addition in bold)

 15.5      Period Reviews

           This index will be reviewed quarterly in line with the current FTSE/JSE indexes. The fast entry
           rule will not apply to this index. Additions will only be considered at quarterly index reviews.

           Preference shares will be reviewed for liquidity in March and September according to
           the liquidity methodology in Rule 4.4.

           Eligible new issues that come to market after the March or September liquidity
           review are required to trade 0.5% of their shares in issue, after the application of
           investability weightings for each consecutive month prior to the next periodic review.
           New issues are reviewed for index eligibility at the next periodic review

           Preference shares with market capitalization below R100 million on the review cut
           date will not be eligible for inclusion in the index.


 An updated copy of the FTSE JSE Africa Index Series Ground Rules (Version 6.8) is now available from
 FTSE Russell: info@ftserussell.com




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

 Australia              +1800 653 680
 Hong Kong              +852 2164 3333
 Japan                  +81 3 3581 2764
 London                 +44 (0) 20 7866 1810
 New York               +1866 551 0617




Alternatively please visit our website at www.ftserussell.com

                                      Terms of Use | Copyright © 2020 FTSE Russell

Date: 03-07-2020 05:15:00
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
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.