Wrap Text
Index Change Advice - 20190923 Naspers Capitalisation Issue Treatment in the Indices
Naspers (South Africa) and Prosus (South Africa): Capitalisation Issue
Elections
FTSE/JSE Africa Index Series
16 September 2019
Further to the FTSE/JSE Russell notices released 29 July 2019 and 04 September 2019, and following the
results of the elections in relation to the Capitalisation Issue by Naspers (South Africa, constituent) into
Prosus (South Africa, constituent), please see details of affected indexes and effective dates below:
Effective From
Index Change
Start of Trading
FTSE/JSE Top 40 Index (J200) Sappi (South Africa, ZAE000006284, 23 September 2019
6777007) will be deleted from the index.
Prosus (South Africa, NL0013654783,
BJDS7M4) will remain in the index with
an increased shares in issue total from
438,656,059 to 1,624,652,070* and a
decreased investability weighting from
97.018371060503% to
9.911024539814%**.
Naspers (South Africa, ZAE000015889,
6622691) will remain in the index with
an increased shares in issue total from
438,656,059 to 444,667,763** and an
unchanged investability weighting of
97.018371060503%.
PSG Group (South Africa,
ZAE000013017, 6613219) will be
deleted from the index as part of the
September review.
FTSE/JSE All Share Index (J203) Prosus will remain in the index as 23 September 2019
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Large Cap Index (J205) Prosus will remain in the index as 23 September 2019
detailed above.
Naspers will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE Large and Mid Cap Index Prosus will remain in the index as 23 September 2019
(J206) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Industrial 25 Index Pick N Pay Stores (South Africa, 23 September 2019
(J211) ZAE000005443, 6688068) will be
deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Capped Industrial 25 Pick N Pay Stores (South Africa, 23 September 2019
Index (J311) ZAE000005443, 6688068) will be
deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Financial & Industrial 30 Tiger Brands (South Africa, 23 September 2019
Index (J213) ZAE000071080, B0J4PP2) will be deleted
from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Equally Weighted Top 40 Sappi (South Africa, ZAE000006284, 23 September 2019
Index (J2EQ) 6777007) will be deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
PSG Group (South Africa,
ZAE000013017, 6613219) will be
deleted from the index as part of the
September review.
FTSE/JSE Equally Weighted Pick N Pay Stores (South Africa, 23 September 2019
Industrial 25 Index (J5EQ) ZAE000005443, 6688068) will be
deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE RAFI All Share Index Prosus will remain in the index as 23 September 2019
(J263) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Capped Prosus will remain in the index as 23 September 2019
Index (J283) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Capped Top 40 Index Sappi (South Africa, ZAE000006284, 23 September 2019
(J300) 6777007) will be deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
PSG Group (South Africa,
ZAE000013017, 6613219) will be
deleted from the index as part of the
September review.
FTSE/JSE Capped All Share Index Prosus will remain in the index as 23 September 2019
(J303) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Style Index (J330 and Prosus will remain in the index as 23 September 2019
J331) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE RAFI 40 Index (J260) Prosus will remain in the index as 23 September 2019
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Top 40 Minimum Variance Prosus will remain in the index as 23 September 2019
Index (J700) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All-Share Minimum Prosus will remain in the index as 23 September 2019
Variance Index (J703) detailed above.
Naspers will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE All Share Comprehensive Prosus will remain in the index as 23 September 2019
Factor Index (J203CF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Momentum Prosus will remain in the index as 23 September 2019
Factor Index (J203MF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Quality Factor Prosus will remain in the index as 23 September 2019
Index (J203QF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Size Factor Prosus will remain in the index as 23 September 2019
Index (J203SF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Value Factor Prosus will remain in the index as 23 September 2019
Index (J203VF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Volatility Factor Prosus will remain in the index as 23 September 2019
Index (J203VOF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted All Prosus (South Africa, NL0013654783, 23 September 2019
Share Index (J403) BJDS7M4) will remain in the index with
an increased shares in issue total from
438,656,059 to 1,624,652,070* and a
decreased investability weighting from
97.018371060503% to
9.911024539814%**.
Naspers (South Africa, ZAE000015889,
6622691) will remain in the index with
an increased shares in issue total from
438,656,059 to 444,667,763** and an
unchanged investability weighting of
97.018371060503%.
FTSE/JSE Capped Shareholder Prosus will remain in the index as 23 September 2019
Weighted All Share Index (J433) detailed above.
Naspers will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE Shareholder Weighted Sappi (South Africa, ZAE000006284, 23 September 2019
Top 40 Index Index (J400) 6777007) will be deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
PSG Group (South Africa,
ZAE000013017, 6613219) will be
deleted from the index as part of the
September review.
FTSE/JSE Capped Shareholder Sappi (South Africa, ZAE000006284, 23 September 2019
Weighted Top 40 Index (J430) 6777007) will be deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
PSG Group (South Africa,
ZAE000013017, 6613219) will be
deleted from the index as part of the
September review.
FTSE/JSE Shareholder Weighted Pick N Pay Stores (South Africa, 23 September 2019
Industrial 25 Index (JSZ1) ZAE000005443, 6688068) will be
deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted The Spar Group (South Africa, 23 September 2019
Financial & Industrial 30 Index ZAE000058517, B038WK4) will be
(JSZ3) deleted from the index.
Prosus will remain in the index as
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Responsible Investment Prosus will remain in the index as 23 September 2019
Index (J113) detailed above.
Naspers will remain in the index as
detailed above.
Please note: The above fixed index re-ranking deletions are in addition to the previous announced
review changes. In the event the stock which ranked lowest using the 16 September close price was
already scheduled to be removed as part of the quarterly review, then the next lowest ranking stock as
of review market capitalisation date (i.e. 26 August) has been selected for removal as part of the
quarterly review.
* The total number of shares includes Naspers held shares.
** The investability weight incorporates the shares held by Naspers, its foreign company status and
the election results for the shareholders who elected to receive 0.36986 Naspers shares in lieu of one
Prosus share, for each Naspers share held.
For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call:
Australia +1800 653 680
Hong Kong +852 2164 3333
Japan +81 3 4563 6346
London +44 (0) 20 7866 1810
New York +1866 551 0617
JSE Limited +27 11 520 7000
Alternatively please visit our website at www.ftserussell.com or www.ftsejse.co.za
Terms of Use | Copyright © 2019 FTSE Russell
Date: 17/09/2019 08:42:00
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.