FTSE JSE Africa Index Series: Ground Rule Update
CORPORATE
FTSE JSE Africa Index Series: Ground Rule Update
21 May 2025
FTSE Russell would like to inform clients that the FTSE JSE Africa Index Series Ground Rules have been updated as
shown below effective with the June 2025 review.
Please note that free floats will be rounded to four decimal places going forward, although the application of
corporate events may extend to more than four decimal places to ensure appropriate implementation.
New Rule
Section 4: Index construction
Rule 4.3.6 - Free float review
Underlying data for the calculation of free float is collected on an ongoing basis and the detailed free float
percentage as maintained by the JSE is updated accordingly.
Old Rule
Section 4: Index construction
Rule 4.3.6 - Free float review
Free float will be calculated using available published information rounded to 12 decimal places.
Underlying data for the calculation of free float is collected on an ongoing basis and the detailed free float
percentage as maintained by the JSE is updated accordingly.
The updated Ground Rules (v8.8) can be found using the following link: ftse-jse-africa-index-series-ground-rules.pdf
For further information please contact FTSE Russell Client Services at info@ftserussell.com or call:
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London +44 (0) 20 7866 1810
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Alternatively please visit our website at lseg.com/ftse-russell
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Date: 21-05-2025 05:10:00
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