Sharenet Sites 
Sharenet Sites
Index Change Advice - 20221213 Barloworld Unbundling of Zeda
Barloworld (South Africa): Unbundling of Zeda Limited (South Africa)
FTSE/JSE Africa Index Series
06 December 2022
Subject to the completion of the unbundling of Zeda Limited (non constituent) from Barloworld (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 Mid Cap Index (J201) Zeda Limited (South Africa, 13 December 2022
ZAE000315768, BP6W5R6) will be
added to the index with a shares in
issue total of 194,209,725* and an
investability weighting of
95.090000108742%.
Barloworld (South Africa,
ZAE000026639, 6079123) will remain in
the index with an unchanged shares in
issue total of 194,209,725 and an
unchanged investability weighting of
95.090000108742%.
FTSE/JSE All Share Index (J203) Zeda Limited will be added to the index 13 December 2022
as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE Large and Mid Cap Index Zeda Limited will be added to the index 13 December 2022
(J206) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE Industrial 25 Index Zeda Limited will be added to the index 13 December 2022
(J211) as detailed above.
Barloworld will remain in the index as
detailed above.
Zeda Limited will be deleted from the 19 December 2022
index.**
Barloworld will be deleted from the
index.**
Effective From
Index Change
Start of Trading
FTSE/JSE Capped Industrial 25 Zeda Limited will be added to the index 13 December 2022
Index (J311) as detailed above.
Barloworld will remain in the index as
detailed above.
Zeda Limited will be deleted from the 19 December 2022
index.**
Barloworld will be deleted from the
index.**
FTSE/JSE Equally Weighted Zeda Limited will be added to the index 13 December 2022
Industrial 25 Index (J5EQ) as detailed above.
Barloworld will remain in the index as
detailed above.
Zeda Limited will be deleted from the 19 December 2022
index.**
Barloworld will be deleted from the
index.**
FTSE/JSE Dividend+ Index (J259) Zeda Limited will be added to the index 13 December 2022
as detailed above.
Barloworld will remain in the index as
detailed above.
Zeda Limited will be deleted from the 19 December 2022
index.***
FTSE/JSE RAFI All Share Index Zeda Limited will be added to the index 13 December 2022
(J263) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Capped Zeda Limited will be added to the index 13 December 2022
Index (J283) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE Capped All Share Index Zeda Limited will be added to the index 13 December 2022
(J303) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE Style Index (J330 and Zeda Limited will be added to the index 13 December 2022
J331) as detailed above.
Barloworld will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE All Share Shariah Index Zeda Limited will be added to the index 13 December 2022
(J143) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Comprehensive Zeda Limited will be added to the index 13 December 2022
Factor Index (J203CF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Yield Factor Zeda Limited will be added to the index 13 December 2022
Index (J203DF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Low Volatility Zeda Limited will be added to the index 13 December 2022
Focused Factor Index (J203LF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Momentum Zeda Limited will be added to the index 13 December 2022
Factor Index (J203MF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Quality Factor Zeda Limited will be added to the index 13 December 2022
Index (J203QF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Size Factor Zeda Limited will be added to the index 13 December 2022
Index (J203SF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Value Factor Zeda Limited will be added to the index 13 December 2022
Index (J203VF) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE All Share Volatility Factor Zeda Limited will be added to the index 13 December 2022
Index (J203VOF) as detailed above.
Barloworld will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE Shareholder Weighted All Zeda Limited (South Africa, 13 December 2022
Share Index (J403) ZAE000315768, BP6W5R6) will be
added to the index with a shares in
issue total of 194,209,725* and an
investability weighting of
95.090000108742%.
Barloworld (South Africa,
ZAE000026639, 6079123) will remain in
the index with an unchanged shares in
issue total of 194,209,725 and an
unchanged investability weighting of
95.090000108742%.
FTSE/JSE Capped Shareholder Zeda Limited will be added to the index 13 December 2022
Weighted All Share Index (J433) as detailed above.
Barloworld will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted Zeda Limited will be added to the index 13 December 2022
Industrial 25 Index (JSZ1) as detailed above.
Barloworld will remain in the index as
detailed above.
Zeda Limited will be deleted from the 19 December 2022
index.**
Barloworld will be deleted from the
index.**
* The number of shares is based on the unbundling terms of one Zeda Limited share for every Barloworld
share held.
** Barloworld was announced as an index deletion within the fixed indices as part of the quarterly review
changes announced on Wednesday 30 November 2022 and effective from the open Monday 19 December
2022, accordingly Zeda Limited will be removed from the indices and no fixed index re-ranking will occur.
*** In line with FTSE/JSE Dividend+ Index methodology, a spun-off company will be removed two days
after commencement of trade.
The ICB classification for Zeda Limited will be 50203000 (Diversified Industrials) upon listing. The ICB
classification will be updated to 40201040 (Rental and Leasing Services: Consumer) effective from the
open Monday 19 December.
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 6441 1440
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 © 2022 FTSE Russell
Date: 06-12-2022 05:10:00
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.
