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Informative Notice – 20240306 FTSE JSE Ground Rule Update Index Harmonisation
FTSE/JSE Africa Index Series: Ground Rule Update
Index Harmonisation Updates
06 March 2024
Further to the Informative notices published on 9 February 2024 and 30 June 2023, FTSE Russell would like to inform
clients that the FTSE/JSE Africa Index Series Ground Rules have now been updated to reflect changes due to index
harmonisation.
The FTSE/JSE headline indices will be harmonised effective 18 March 2024, at this time the indices will reflect the
SWIX free float as detailed in the Ground Rules. Following the harmonisation of the FTSE/JSE indices, the
methodology of the FTSE/JSE indices and the Shareholder Weighted indices is aligned.
Section 1: Addition of rule 1.12
Special dividends impact the price indices and will be calculated gross of South African dividend withholding tax but
net of foreign dividend withholding taxes.
The updated Ground Rules (v8.5) can be found using the following link: FTSE/JSE Africa Index Series Ground Rules
(lseg.com)
For further information please contact FTSE Russell Client Services at info@ftserussell.com or call:
Australia +61 (0) 2 7228 5659
Hong Kong +852 2164 3333
Japan +81 3 6441 1430
London +44 (0) 20 7866 1810
New York +1877 503 6437
Alternatively please visit our website at lseg.com/ftse-russell
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Date: 06-03-2024 05:30:00
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