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Index Change Advice – 20220330 Zeder Investments Unbundling of Kaap Agri Ltd
Zeder Investments (South Africa): Unbundling of Kaap Agri (South
Africa)
FTSE/JSE Africa Index Series
25 March 2022
Subject to the completion of the unbundling of Kaap Agri (South Africa, constituent) shares to Zeder
Investments (South Africa, constituent) shareholders, 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) Kaap Agri Distribution Line (South 30 March 2022
Africa, DUMMY0000009, BKV3P79) will
be added to the index with a shares in
issue total of 31,349,927* and an
investability weighting of
50.653513256779%.
Zeder Investments (South Africa,
ZAE000088431, B1JC2F2) will remain in
the index with an unchanged shares in
issue total of 1,543,260,354 and an
unchanged investability weighting of
50.653513256779%.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Index (J203) Kaap Agri Distribution Line will be added 30 March 2022
to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE RAFI All Share Index Kaap Agri Distribution Line will be added 30 March 2022
(J263) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE RAFI All Share Capped Kaap Agri Distribution Line will be added 30 March 2022
Index (J283) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Effective From
Index Change
Start of Trading
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE Capped All Share Index Kaap Agri Distribution Line will be added 30 March 2022
(J303) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE Style Index (J330 and Kaap Agri Distribution Line will be added 30 March 2022
J331) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All-Share Minimum Kaap Agri Distribution Line will be added 30 March 2022
Variance Index (J703) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Comprehensive Kaap Agri Distribution Line will be added 30 March 2022
Factor Index (J203CF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Low Volatility Kaap Agri Distribution Line will be added 30 March 2022
Focused Factor Index (J203LF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Momentum Kaap Agri Distribution Line will be added 30 March 2022
Factor Index (J203MF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
Effective From
Index Change
Start of Trading
FTSE/JSE All Share Quality Factor Kaap Agri Distribution Line will be added 30 March 2022
Index (J203QF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Size Factor Kaap Agri Distribution Line will be added 30 March 2022
Index (J203SF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Value Factor Kaap Agri Distribution Line will be added 30 March 2022
Index (J203VF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE All Share Volatility Factor Kaap Agri Distribution Line will be added 30 March 2022
Index (J203VOF) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE Shareholder Weighted All Kaap Agri Distribution Line (South 30 March 2022
Share Index (J403) Africa, DUMMY0000009, BKV3P79) will
be added to the index with a shares in
issue total of 31,349,927* and an
investability weighting of
50.653513256779%.
Zeder Investments (South Africa,
ZAE000088431, B1JC2F2) will remain in
the index with an unchanged shares in
issue total of 1,543,260,354 and an
unchanged investability weighting of
50.653513256779%.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
FTSE/JSE Capped Shareholder Kaap Agri Distribution Line will be added 30 March 2022
Weighted All Share Index (J433) to the index as detailed above.
Zeder Investments will remain in the
index as detailed above.
Kaap Agri Distribution Line will be 06 April 2022
deleted from the index.
Effective From
Index Change
Start of Trading
FTSE/JSE Fledgling Index (J204) Kaap Agri (South Africa, 06 April 2022
ZAE000244711, BYSXZM5) will remain
in the index with an unchanged shares
in issue total of 74,170,277 and an
increased investability weighting from
32.028834137966% to
53.438811383885%.
* The Kaap Agri Distribution Line represents the value of the unbundling, using the terms 1 Kaap Agri
Distribution Line share for 49.22692 Zeder Investments shares held.
The ICB classification for the Kaap Agri Distribution Line will be 30202010 (Asset Managers &
Custodians).
The removal date for the Kaap Agri Distribution Line is based on the settlement date of the unbundling
being 04 April 2022.
Effective Wednesday 30 March 2022:
A capital repayment will be applied to Zeder Investments to reflect the value of the unbundling.
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 4563 6346
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
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Date: 25-03-2022 05:10:00
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