General SENS Submitter Company - Informative Notice 20230630 Index Harmonisation Methodology Change Informative Notice

Informative Notice – 20230630 Index Harmonisation Methodology Change Informative Notice

         Index Harmonisation Methodology Change - Informative Notice

                                                         30 June 2023
 FTSE/JSE would like to draw clients to the Market Consultation that was published in September 2022.
 This document provided a proposal of the Index Harmonisation project and implementation timelines for
 each portion of the project. A number of clients provided valuable input into the proposal and FTSE/JSE
 shared the feedback to the market in the February 2023 Consultation Feedback Informative Notice.

 Due to a number of reasons, the proposed implementation timelines had to be extended. The extensions
 were communicated through the December 2022 Informative Notice and March 2023 Informative Notice.

 FTSE/JSE is pleased to announce that the implementation date for the alignment of the All Share to
 SWIX weightings has been finalised. This means that the vanilla indices will be weighted according to
 the SWIX methodology from the implementation date. The implementation date will be in quarter 1 of
 2024 and will occur concurrently with the March 2024 review effective date.

 The implementation timeline for the final phase of the project, which is the termination of the SWIX
 Indices, will be communicated in due course.

 Further to this notice, FTSE/JSE will provide a detailed document outlining the impact of the methodology
 change in each of the indices.

 Index users are reminded that all methodology updates are subject to review and approval by the FTSE
 Russell Index Governance Board and will be considered in line with FTSE Russell’s Policy for Benchmark
 Methodology Changes.




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: 30-06-2023 05:48:00
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