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General SENS Submitter Company - Index Change Advice - 20230419 Compagnie Financiere Richemont Conversion

Release Date: 12/04/2023 17:30
Code(s): GSSC     PDF:  
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Index Change Advice - 20230419 Compagnie Financiere Richemont Conversion

   Compagnie Financiere Richemont AG (South Africa) Conversion of
          Depositary Receipts to Class A Ordinary Shares
                   FTSE/JSE Africa Index Series

                                          12 April 2023
Following the FTSE/JSE informative notice released 28 March 2023 detailing the cancellation of the
Compagnie Financiere Richemont AG Depositary Receipts programme in South Africa, please note the
following expected index changes. Subject to the conversion of Compagnie Financiere Richemont AG
(South Africa, constituent) depositary receipts into Compagnie Financiere Richemont AG Class A
ordinary shares 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 Top 40 Index (J200)         Compagnie Financiere Richemont AG      19 April 2023
                                     (South Africa, CH0045159024,
                                     B3DXNG3) will remain in the index as
                                     Compagnie Financiere Richemont AG
                                     (South Africa, CH0210483332,
                                     BMF7JR9) with a decreased shares in
                                     issue total from 5,220,000,000 to
                                     522,000,000* and an unchanged
                                     investability weighting of
                                     97.810580076628%.

FTSE/JSE All Share Index (J203)      Compagnie Financiere Richemont AG      19 April 2023
                                     will remain in the index as detailed
                                     above.

FTSE/JSE Large Cap Index (J205)      Compagnie Financiere Richemont AG      19 April 2023
                                     will remain in the index as detailed
                                     above.

FTSE/JSE Large and Mid Cap Index     Compagnie Financiere Richemont AG      19 April 2023
(J206)                               will remain in the index as detailed
                                     above.

FTSE/JSE Industrial 25 Index         Compagnie Financiere Richemont AG      19 April 2023
(J211)                               will remain in the index as detailed
                                     above.
FTSE/JSE Capped Industrial 25        Compagnie Financiere Richemont AG      19 April 2023
Index (J311)                         will remain in the index as detailed
                                     above.
FTSE/JSE Financial & Industrial 30   Compagnie Financiere Richemont AG      19 April 2023
Index (J213)                         will remain in the index as detailed
                                     above.
FTSE/JSE Equally Weighted Top 40     Compagnie Financiere Richemont AG      19 April 2023
Index (J2EQ)                         will remain in the index as detailed
                                     above.
                                                                               Effective From
              Index                                 Change
                                                                              Start of Trading
FTSE/JSE Equally Weighted           Compagnie Financiere Richemont AG       19 April 2023
Industrial 25 Index (J5EQ)          will remain in the index as detailed
                                    above.
FTSE/JSE RAFI All Share Index       Compagnie Financiere Richemont AG       19 April 2023
(J263)                              will remain in the index as detailed
                                    above.
FTSE/JSE RAFI All Share Capped      Compagnie Financiere Richemont AG       19 April 2023
Index (J283)                        will remain in the index as detailed
                                    above.
FTSE/JSE Capped Top 40 Index        Compagnie Financiere Richemont AG       19 April 2023
(J300)                              will remain in the index as detailed
                                    above.
FTSE/JSE Capped All Share Index     Compagnie Financiere Richemont AG       19 April 2023
(J303)                              will remain in the index as detailed
                                    above.
FTSE/JSE Style Index (J330 and      Compagnie Financiere Richemont AG       19 April 2023
J331)                               will remain in the index as detailed
                                    above.
FTSE/JSE RAFI 40 Index (J260)       Compagnie Financiere Richemont AG       19 April 2023
                                    will remain in the index as detailed
                                    above.

FTSE/JSE Responsible Investment     Compagnie Financiere Richemont AG       19 April 2023
Top 30 Index (J110)                 will remain in the index as detailed
                                    above.
FTSE/JSE Top 40 Minimum             Compagnie Financiere Richemont AG       19 April 2023
Variance Index (J700)               will remain in the index as detailed
                                    above.
FTSE/JSE All-Share Minimum          Compagnie Financiere Richemont AG       19 April 2023
Variance Index (J703)               will remain in the index as detailed
                                    above.
FTSE/JSE All Share Comprehensive    Compagnie Financiere Richemont AG       19 April 2023
Factor Index (J203CF)               will remain in the index as detailed
                                    above.
FTSE/JSE All Share Yield Factor     Compagnie Financiere Richemont AG       19 April 2023
Index (J203DF)                      will remain in the index as detailed
                                    above.
FTSE/JSE All Share Low Volatility   Compagnie Financiere Richemont AG       19 April 2023
Focused Factor Index (J203LF)       will remain in the index as detailed
                                    above.
FTSE/JSE All Share Momentum         Compagnie Financiere Richemont AG       19 April 2023
Factor Index (J203MF)               will remain in the index as detailed
                                    above.
FTSE/JSE All Share Quality Factor   Compagnie Financiere Richemont AG       19 April 2023
Index (J203QF)                      will remain in the index as detailed
                                    above.
FTSE/JSE All Share Size Factor      Compagnie Financiere Richemont AG       19 April 2023
Index (J203SF)                      will remain in the index as detailed
                                    above.
FTSE/JSE All Share Value Factor     Compagnie Financiere Richemont AG       19 April 2023
Index (J203VF)                      will remain in the index as detailed
                                    above.
FTSE/JSE All Share Volatility Factor Compagnie Financiere Richemont AG      19 April 2023
Index (J203VOF)                      will remain in the index as detailed
                                     above.
                                                                                                             Effective From
                   Index                                              Change
                                                                                                            Start of Trading
 FTSE/JSE Shareholder Weighted All Compagnie Financiere Richemont AG                                    19 April 2023
 Share Index (J403)                (South Africa, CH0045159024,
                                   B3DXNG3) will remain in the index as
                                   Compagnie Financiere Richemont AG
                                   (South Africa, CH0210483332,
                                   BMF7JR9) with a decreased shares in
                                   issue total from 5,220,000,000 to
                                   522,000,000* and an unchanged
                                   investability weighting of
                                   13.492253384419%.

 FTSE/JSE Capped Shareholder                     Compagnie Financiere Richemont AG                      19 April 2023
 Weighted All Share Index (J433)                 will remain in the index as detailed
                                                 above.
 FTSE/JSE Shareholder Weighted                   Compagnie Financiere Richemont AG                      19 April 2023
 Top 40 Index (J400)                             will remain in the index as detailed
                                                 above.
 FTSE/JSE Capped Shareholder                     Compagnie Financiere Richemont AG                      19 April 2023
 Weighted Top 40 Index (J430)                    will remain in the index as detailed
                                                 above.
 FTSE/JSE Shareholder Weighted                   Compagnie Financiere Richemont AG                      19 April 2023
 Industrial 25 Index (JSZ1)                      will remain in the index as detailed
                                                 above.
 FTSE/JSE Shareholder Weighted                   Compagnie Financiere Richemont AG                      19 April 2023
 Financial & Industrial 30 Index                 will remain in the index as detailed
 (JSZ3)                                          above.

 FTSE/JSE Responsible Investment                 Compagnie Financiere Richemont AG                      19 April 2023
 Index (J113)                                    will remain in the index as detailed
                                                 above.

 *Please note: In relation to the Compagnie Financiere Richemont AG share conversion ratio of 1
 Compagnie Financiere Richemont AG 'A' share for every 10 Depositary Receipts held, the shares in
 calculation of Compagnie Financiere Richemont AG will decrease by a factor of 10 from start of trading
 19 April. Compagnie Financiere Richemont AG's close price of 18 April will concurrently be increased by
 a factor of 10 from start of trading 19 April. The application of the conversion in FTSE/JSE indices
 should therefore maintain market cap neutrality as previously outlined in the informative notice.

 Please also note Compagnie Financiere Richemont AG ‘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.



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

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Date: 12-04-2023 05:30:00
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