Informative Notice - 20230328 Secondary Listing of the Richemont A Shares Informative Notice
Compagnie Financiere Richemont AG (South Africa): Secondary Listing
of the Richemont ‘A’ Shares
Informative Notice (FTSE/JSE Africa Index Series)
28 March 2023
Richemont (South Africa, CH0045159024, FTSE/JSE Top 40 index) intends to terminate its South African
depository receipt programme and to list its ‘A’ shares on the JSE as a secondary listing, in addition to
their existing listing on the SIX Swiss Exchange. The depositary receipts will be suspended from trading
and the ‘A’ shares will list on the JSE with effect from the commencement of trading on 19 April 2023.
Currently, Richemont depositary receipts trade in the ratio of ten depositary receipts to one Richemont
‘A’ share. The depositary receipts will be replaced by Richemont ‘A’ shares in the ratio of one Richemont
‘A’ share for every ten depositary receipts held.
Subject to finalisation, FTSE/JSE intends to treat the conversion as market cap neutral in the FTSE/JSE
Africa Index Series, i.e. current membership will be retained, subject to updated identifiers, and with
shares and price adjusted according to the conversion ratio.
Richemont ‘A’ shares will be treated as foreign for index purposes and will use SWIX free float in all the
indices from the June 2023 review.
FTSE/JSE will issue a further notice in due course.
For further information please contact FTSE Russell Client Services at info@ftserussell.com 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
Alternatively please visit our website at www.ftserussell.com
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Date: 28-03-2023 05:34:00
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