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JSE LIMITED - Index Change Advice 20160530 Unbundling of BidCorp Limited from Bidvest Group

Release Date: 25/05/2016 17:05
Code(s): JSER     PDF:  
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Index Change Advice – 20160530 Unbundling of BidCorp Limited from Bidvest Group

Bidvest Group (South Africa): Unbundling of BidCorp Ltd (South Africa)

FTSE/JSE Africa Index Series

                                           25 May 2016
Further to the FTSE/JSE notice issued on 19 May 2016 and subject to the completion of the unbundling of
BidCorp Ltd (South Africa, non-constituent) from Bidvest Group (South Africa, constituent), please see
details of affected indexes and effective dates below:


                                                                                    Effective From
              Index                                  Change
                                                                                   Start of Trading
FTSE/JSE Top 40 (J200)               BidCorp Ltd (South Africa,                  30 May 2016
                                     ZAE000216537, BZBFKT7) will be added
                                     to the index with a shares in issue total
                                     of 337,907,445* and an investability
                                     weighting of 95%.

                                     Bidvest Group (South Africa,
                                     ZAE000117321, 6100089) will remain in
                                     the index with an unchanged shares in
                                     issue total of 337,907,445 and an
                                     unchanged investability weighting of
                                     95%.

FTSE/JSE All Share (J203)            BidCorp Ltd will be added to the index as   30 May 2016
                                     detailed above.

                                     Bidvest Group will remain in the index as
                                     detailed above.

FTSE/JSE Industrial 25 (J211)        BidCorp Ltd will be added to the index as   30 May 2016
                                     detailed above.

                                     Bidvest Group will remain in the index as
                                     detailed above.

FTSE/JSE Financial & Industrial 30   BidCorp Ltd will be added to the index as   30 May 2016
(J213)                               detailed above.

                                     Bidvest Group will remain in the index as
                                     detailed above.

FTSE/JSE Equally Weighted Top 40     BidCorp Ltd will be added to the index as   30 May 2016
Index (J2EQ)                         detailed above.

                                     Bidvest Group will remain in the index as
                                     detailed above.
                                                                                   Effective From
             Index                                  Change
                                                                                  Start of Trading
FTSE/JSE Equally Weighted           BidCorp Ltd will be added to the index as   30 May 2016
Industrial 25 Index (J5EQ)          detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE RAFI All Share Index       BidCorp Ltd will be added to the index as   30 May 2016
(J263)                              detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE RAFI All Share Capped      BidCorp Ltd will be added to the index as   30 May 2016
Index (J283)                        detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE Capped Top 40 (J300)       BidCorp Ltd will be added to the index as   30 May 2016
                                    detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE Capped All Share (J303)    BidCorp Ltd will be added to the index as   30 May 2016
                                    detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE Style (J330 and J331)      BidCorp Ltd will be added to the index as   30 May 2016
                                    detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE RAFI 40 (J260)             BidCorp Ltd will be added to the index as   30 May 2016
                                    detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE Shareholder Weighted All   BidCorp Ltd will be added to the index as   30 May 2016
Share (J403)                        detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE Shareholder Weighted       BidCorp Ltd will be added to the index as   30 May 2016
Top 40 (J400)                       detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.

FTSE/JSE Shareholder Weighted       BidCorp Ltd will be added to the index as   30 May 2016
Industrial 25 Index (JSZ1)          detailed above.

                                    Bidvest Group will remain in the index as
                                    detailed above.
                                                                                                             Effective From
                    Index                                             Change
                                                                                                            Start of Trading
FTSE/JSE Shareholder Weighted                    BidCorp Ltd will be added to the index as               30 May 2016
Financial & Industrial 30 Index                  detailed above.
(JSZ3)
                                                 Bidvest Group will remain in the index as
                                                 detailed above.


BidCorp Ltd's ICB Classification upon listing will be 2727 (Diversified Industrials).

BidCorp Ltd will have a subsequent ICB Classification change to 5337 (Food Retailers & Wholesalers)
effective 01 June 2016.

The Value and Growth ratings for BidCorp Ltd within the FTSE/JSE Africa Style Index will be as follows:
Value: 50%, Growth: 50%.

*The number of shares is based on the unbundling terms of 1 BidCorp Ltd share for every 1 Bidvest
Group share held.

Please note: In accordance with the unbundling rule (8.2.4), BidCorp Ltd’s index status in all indexes
with a fixed number of constituents (including the FTSE/JSE Top 40 Index) will be assessed using
closing prices on 30 May 2016. A further FTSE/JSE notice will be issued after close on 30 May 2016
detailing subsequent index changes.


For further information or general enquiries please contact us at info@ftse.com or indices@jse.co.za or call:

 Client Services in UK:              Tel: +44 (0) 20 7866 1810
 Client Services in EMEA:            Tel: +44 (0) 20 7866 1810
 Client Services in US:              New York: (Domestic) + 1 888 747 FTSE (3873) / (International): +1 212 314 1139
 Client Services in Asia Pacific:    Hong Kong: + 852 2164 3333 Australia:(Domestic Toll-Free) + 1800 653 680 / (International) + 61
                                     (2) 9293 2864 Japan + 81 (3) 3581 2764
 JSE Limited:                        Tel: +27 11 520 7137

Alternatively please visit our website at www.ftse.com or www.ftsejse.co.za

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Date: 25/05/2016 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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