Index Change Advice – 20240411 Transaction Capital Unbundling of We Buy Cars
Transaction Capital (South Africa): Unbundling of We Buy Cars
Holdings (South Africa)
FTSE/JSE Africa Index Series
08 April 2024
Subject to the completion of the unbundling of We Buy Cars Holdings (South Africa, non-constituent) from Transaction
Capital (South Africa, constituent), and following notification from the Stock Exchange, please see details of affected
indexes and effective dates below:
Effective From
Index Change
Start of Trading
FTSE/JSE Small Cap Index (J202) We Buy Cars Holdings (South Africa, 11 April 2024
ZAE000332789, BSB8C80) will be added to
the index with a shares in issue total of
413,700,000* and an investability weighting of
48.942542984069%.
Transaction Capital (South Africa,
ZAE000167391, B7WF5R3) will remain in the
index with an unchanged shares in issue total
of 784,313,142 and an unchanged
investability weighting of 78.999999990757%.
FTSE/JSE All Share Index (J203) We Buy Cars Holdings will be added to the 11 April 2024
index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Index (J263) We Buy Cars Holdings will be added to the 11 April 2024
index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Capped Index We Buy Cars Holdings will be added to the 11 April 2024
(J283) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE Capped All Share Index We Buy Cars Holdings will be added to the 11 April 2024
(J303) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE Style Index (J330 and J331) We Buy Cars Holdings will be added to the 11 April 2024
index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Yield Factor Index We Buy Cars Holdings will be added to the 11 April 2024
(J203DF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Low Volatility We Buy Cars Holdings will be added to the 11 April 2024
Focused Factor Index (J203LF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Momentum Factor We Buy Cars Holdings will be added to the 11 April 2024
Index (J203MF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Quality Factor We Buy Cars Holdings will be added to the 11 April 2024
Index (J203QF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Size Factor Index We Buy Cars Holdings will be added to the 11 April 2024
(J203SF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Value Factor Index We Buy Cars Holdings will be added to the 11 April 2024
(J203VF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
FTSE/JSE All Share Volatility Factor We Buy Cars Holdings will be added to the 11 April 2024
Index (J203VOF) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE Shareholder Weighted All We Buy Cars Holdings (South Africa, 11 April 2024
Share Index (J403) ZAE000332789, BSB8C80) will be added to
the index with a shares in issue total of
413,700,000* and an investability weighting of
48.942542984069%.
Transaction Capital (South Africa,
ZAE000167391, B7WF5R3) will remain in the
index with an unchanged shares in issue total
of 784,313,142 and an unchanged
investability weighting of 78.999999990757%.
FTSE/JSE Capped Shareholder We Buy Cars Holdings will be added to the 11 April 2024
Weighted All Share Index (J433) index as detailed above.
Transaction Capital will remain in the index as
detailed above.
* The number of shares will reflect the indicative total number of shares listed on the ex-date, the number of index
shares will reflect the terms of 0.32678 We Buy Cars Holdings shares for each Transaction Capital share held.
Please note: We Buy Cars Holdings will be added to the index with an ICB classification of 30201020 (Consumer
Lending). The ICB classification will be updated to 40401030 (Specialty Retailers) effective Monday 15 April 2024.
For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call:
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Hong Kong +852 2164 3333
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Alternatively please visit our website at lseg.com/ftse-russell or www.ftsejse.co.za
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Date: 08-04-2024 05:15:00
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