Wrap Text
Index Change Advice - 20221012 Remgro Unbundling of Grindrod
Remgro (South Africa): Unbundling of Grindrod (South Africa)
FTSE/JSE Africa Index Series
05 October 2022
Subject to the completion of the unbundling of Grindrod (South Africa, constituent) shares to Remgro
(South Africa, constituent) shareholders, please see details of affected indexes and effective dates
below:
Effective From
Index Change
Start of Trading
FTSE/JSE Top 40 Index (J200) Grindrod Distribution Line (South Africa, 12 October 2022
BKVDWP6, DUMMY0000015) will be
added to the index with a shares in
issue total of 162,514,128* and an
investability weighting of
95.995090724664%.
Remgro (South Africa, 6290689,
ZAE000026480) will remain in the index
with an unchanged shares in issue
total of 529,217,007 and an
unchanged investability weighting of
95.995090724664%.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Mid Cap Index (J201) Grindrod Distribution Line will be added 12 October 2022
to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Small Cap Index (J202) Grindrod (South Africa, B0LNLV5 19 October 2022
ZAE000072328) will remain in the index
with an unchanged shares in issue
total of 698,031,586 and an increased
investability weighting from
59.409006600455% to
81.758365444512%*.
FTSE/JSE All Share Index (J203) Grindrod Distribution Line will be added 12 October 2022
to the index as detailed above.
Remgro will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE Large and Mid Cap Index Grindrod Distribution Line will be added 12 October 2022
(J206) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Financial 15 Index Grindrod Distribution Line will be added 12 October 2022
(J212) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Financial & Industrial 30 Grindrod Distribution Line will be added 12 October 2022
Index (J213) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Equally Weighted Top 40 Grindrod Distribution Line will be added 12 October 2022
Index (J2EQ) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Equally Weighted Grindrod Distribution Line will be added 12 October 2022
Financial 15 Index (J4EQ) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE RAFI All Share Index Grindrod Distribution Line will be added 12 October 2022
(J263) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Capped Grindrod Distribution Line will be added 12 October 2022
Index (J283) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE Capped Top 40 Index Grindrod Distribution Line will be added 12 October 2022
(J300) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Capped All Share Index Grindrod Distribution Line will be added 12 October 2022
(J303) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE Style Index (J330 and Grindrod Distribution Line will be added 12 October 2022
J331) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE RAFI 40 Index (J260) Grindrod Distribution Line will be added 12 October 2022
to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Effective From
Index Change
Start of Trading
FTSE/JSE Top 40 Minimum Grindrod Distribution Line will be added 12 October 2022
Variance Index (J700) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE All-Share Minimum Grindrod Distribution Line will be added 12 October 2022
Variance Index (J703) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Comprehensive Grindrod Distribution Line will be added 12 October 2022
Factor Index (J203CF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Yield Factor Grindrod Distribution Line will be added 12 October 2022
Index (J203DF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Low Volatility Grindrod Distribution Line will be added 12 October 2022
Focused Factor Index (J203LF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE All Share Momentum Grindrod Distribution Line will be added 12 October 2022
Factor Index (J203MF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Quality Factor Grindrod Distribution Line will be added 12 October 2022
Index (J203QF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Size Factor Grindrod Distribution Line will be added 12 October 2022
Index (J203SF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Value Factor Grindrod Distribution Line will be added 12 October 2022
Index (J203VF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE All Share Volatility Factor Grindrod Distribution Line will be added 12 October 2022
Index (J203VOF) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
FTSE/JSE Shareholder Weighted All Grindrod Distribution Line (South Africa, 12 October 2022
Share Index (J403) BKVDWP6, DUMMY0000015) will be
added to the index with a shares in
issue total of 162,514,128* and an
investability weighting of
95.995090724664%.
Remgro (South Africa, 6290689,
ZAE000026480) will remain in the index
with an unchanged shares in issue
total of 529,217,007 and an
unchanged investability weighting of
95.995090724664%.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod (South Africa, B0LNLV5
ZAE000072328) will remain in the index
with an unchanged shares in issue
total of 698,031,586 and an increased
investability weighting from
59.409006600455% to
81.758365444512%*.
FTSE/JSE Capped Shareholder Grindrod Distribution Line will be added 12 October 2022
Weighted All Share Index (J433) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
Grindrod will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted Grindrod Distribution Line will be added 12 October 2022
Top 40 Index (J400) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Capped Shareholder Grindrod Distribution Line will be added 12 October 2022
Weighted Top 40 Index (J430) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Shareholder Weighted Grindrod Distribution Line will be added 12 October 2022
Financial 15 Index (JSZ2) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Shareholder Weighted Grindrod Distribution Line will be added 12 October 2022
Financial & Industrial 30 Index to the index as detailed above.
(JSZ3)
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
FTSE/JSE Responsible Investment Grindrod Distribution Line will be added 12 October 2022
Index (J113) to the index as detailed above.
Remgro will remain in the index as
detailed above.
Grindrod Distribution Line will be 19 October 2022
deleted from the index.
*The number of shares and investability weighting change is based on the unbundling terms of
0.3070841 Grindrod shares for each Remgro share.
Please note: The date for the distribution line removal, and investability weight increase, is based on
the settlement date of the distribution being Monday 17 October 2022.
Effective Wednesday 12 October 2022:
A capital repayment will be applied to Remgro to reflect the value of the unbundling, which is
represented by the Distribution Line, added with an ICB classification of 30202000 (Diversified
Financial Services).
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: 05-10-2022 05:30:00
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.
Sharenet Sites 
