General SENS Submitter Company - Informative Notice 20230918 All Africa Indices Treatment of Nigeria

Informative Notice – 20230918 All Africa Indices Treatment of Nigeria

               All Africa Indices Treatment of Nigeria Informative Notice

                                                       15 August 2023
 Further to the ‘FTSE Equity Country Classification – Watch List Status of Nigeria’ notification published
 on 30 June 2023, the purpose of the notification is to announce the proposed treatment of Nigerian index
 constituents of the FTSE/JSE All Africa Index Series.

 Subject to there being no material improvement in the ability of international institutional investors to
 repatriate capital from Nigeria, or a public commitment to address the issues within a reasonable
 timeframe, then subject to final ratification by the FTSE Russell Index Governance Board, the current
 intent of FTSE Russell is to announce the reclassification of Nigeria from Frontier to Unclassified market
 status by the close on Friday 08 September 2023., with Nigeria reclassified from Frontier to Unclassified
 market status, effective from the open on Monday 18 September 2023.

 Consequently, the Nigerian index constituents of the FTSE/JSE All Africa Index Series will be deleted at
 zero value (0.0001 NGN), in conjunction with the September 2023 quarterly review, that is effective
 from the open on Monday 18 September 2023.

 Additionally, Ghana and Tanzania will become eligible markets for the FTSE/JSE All Africa Index Series,
 effective in conjunction with the September 2023 quarterly review.

 The decision on whether to reclassify Nigeria from Frontier to Unclassified market status will be
 announced by the close on Friday 08 September 2023, consequently any indicative review product files
 that are scheduled to be published before Friday 08 September 20223 for the FTSE/JSE All Africa Index
 Series will be delayed.


For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za call:

 Australia               +1800 653 680
 Hong Kong               +852 2164 3333
 Japan                   +81 3 6441 1430
 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: 15-08-2023 05:48:00
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