Index Change Advice - 20150518 Unbundling of South32 from BHP Billiton
BHP Billiton (South Africa): Demerger of South32 Ltd
FTSE/JSE Africa Index Series
13 May 2015
Further to the FTSE/JSE notice released on 13 April 2015 in relation to the demerger of South32 from
BHP Billiton and notification from the stock exchange, FTSE and JSE announce the following changes:
Effective From
Index Change
Start of Trading
FTSE/JSE Top 40 (J200) South32 (South Africa, AU000000S320, 18 May 2015
BWSW5H3) will be added to the index
with a shares in issue total of
2,136,185,454* and an investability
weighting of 100%.
BHP Billiton (South Africa,
GB0000566504, 6016777) will remain in
the index with an unchanged shares in
issue total of 2,136,185,454 and an
unchanged investability weighting of
100%.
South32 (South Africa, AU000000S320, 20 May 2015
BWSW5H3) will be deleted from the
index.
FTSE/JSE All Share (J203) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Resource 10 (J210) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Resource 10 Capped South 32 will be added to the index as 18 May 2015
Index (J310) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
Effective From
Index Change
Start of Trading
FTSE/JSE Equally Weighted Top 40 South 32 will be added to the index as 18 May 2015
Index (J2EQ) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Equally Weighted South 32 will be added to the index as 18 May 2015
Resource 10 Index (J3EQ) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Dividend+ Index (J259) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE RAFI All Share Index South 32 will be added to the index as 18 May 2015
(J263) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE RAFI All Share Capped South 32 will be added to the index as 18 May 2015
Index (J283) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Capped Top 40 (J300) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Capped All Share (J303) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
Effective From
Index Change
Start of Trading
FTSE/JSE Style (J330 and J331) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Shariah Top 40 Index South 32 will be added to the index as 18 May 2015
(J140) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Capped Shariah Top 40 South 32 will be added to the index as 18 May 2015
Index (J141) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE All Share Shariah (J143) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE RAFI 40 (J260) South 32 will be added to the index as 18 May 2015
detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Shareholder Weighted South32 (South Africa, AU000000S320, 18 May 2015
Top 40 (J400) BWSW5H3) will be added to the index
with a shares in issue total of
2,136,185,454* and an investability
weighting of 18%.
BHP Billiton (South Africa,
GB0000566504, 6016777) will remain in
the index with an unchanged shares in
issue total of 2,136,185,454 and an
unchanged investability weighting of
18%.
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Shareholder Weighted All South 32 will be added to the index as 18 May 2015
Share (J403) detailed above.
BHP Billiton will remain in the index as
detailed above.
Effective From
Index Change
Start of Trading
South32 will be deleted from the index. 20 May 2015
FTSE/JSE Shareholder Weighted South 32 will be added to the index as 18 May 2015
Resource 10 Index (JSZ0) detailed above.
BHP Billiton will remain in the index as
detailed above.
South32 will be deleted from the index. 20 May 2015
Please note: South32's (BWSW5H3) ICB Classification upon listing will be 1775 (General Mining).
The Value and Growth ratings for South32 within the FTSE/JSE Africa Style Index will be as follows:
Value:75%, Growth: 25%
In accordance with Ground Rule 6.3.4, South32 will be ineligible for onward inclusion in FTSE/JSE
indices due to its free float being below 15% and its projected float market cap being less than the
average company’s current float cap within the index.
*The number of shares is based on the demerger terms of 1 South32 share for every 1 BHP Billiton
share held.
For further information or general enquiries please contact us at info@ftse.com or indices@jse.co.za or call:
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Alternatively please visit our website at www.ftse.com or www.ftsejse.co.za
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Date: 13/05/2015 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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