JSE LIMITED - Informative Notice 20171129 Reinet Conversion of Depositary Receipts

Informative Notice – 20171129 Reinet Conversion of Depositary Receipts

    Reinet Investments S.C.A. (South Africa): Conversion of Depositary
                      Receipts to Ordinary Shares

                                         FTSE/JSE Africa Index Series

                                                    22 November 2017
FTSE/JSE notes the cancellation of the Reinet Investments                                              S.C.A.       (South   Africa,
CH0045793657) Depositary Receipt programme in South Africa.

Currently, Reinet Depositary Receipts trade in the ratio of ten depositary receipts to one Reinet
Luxembourg Share. The Depositary Receipts issued by Reinet Securities SA to holders in
respect of Reinet shares will be replaced by Reinet shares in the ratio of 1 Reinet share for
every 10 Depositary Receipts held.        Reinet Investments S.C.A. shares (South Africa,
LU0383812293) will be secondary listed on the JSE on 29 November 2017.

FTSE/JSE will treat the Reinet conversion as market cap neutral in the FTSE/JSE Africa Index
Series, i.e. decrease the shares and increase the price in a ratio of 10:1 so that the net effect
in the index is zero.

Reinet will not be treated as foreign for index purposes. Therefore, the entire quoted equity
capital of Reinet will be included in the calculation of its market capitalisation, subject to the
free float restrictions set out in Ground Rule 4.3.

FTSE/JSE will release a further Index Change Advice (ICA) notice on Friday, 24 November.

FTSE/JSE Ground Rules



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