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General SENS Submitter Company - Informative Notice - 20230328 Secondary Listing of the Richemont A Shares Informative Notice

Release Date: 28/03/2023 17:34
Code(s): GSSC     PDF:  
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Informative Notice - 20230328 Secondary Listing of the Richemont A Shares Informative Notice

Compagnie Financiere Richemont AG (South Africa): Secondary Listing
                   of the Richemont ‘A’ Shares

                     Informative Notice (FTSE/JSE Africa Index Series)

                                                       28 March 2023

 Richemont (South Africa, CH0045159024, FTSE/JSE Top 40 index) intends to terminate its South African
 depository receipt programme and to list its ‘A’ shares on the JSE as a secondary listing, in addition to
 their existing listing on the SIX Swiss Exchange. The depositary receipts will be suspended from trading
 and the ‘A’ shares will list on the JSE with effect from the commencement of trading on 19 April 2023.

 Currently, Richemont depositary receipts trade in the ratio of ten depositary receipts to one Richemont
 ‘A’ share. The depositary receipts will be replaced by Richemont ‘A’ shares in the ratio of one Richemont
 ‘A’ share for every ten depositary receipts held.

 Subject to finalisation, FTSE/JSE intends to treat the conversion as market cap neutral in the FTSE/JSE
 Africa Index Series, i.e. current membership will be retained, subject to updated identifiers, and with
 shares and price adjusted according to the conversion ratio.

 Richemont ‘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.

 FTSE/JSE will issue a further notice in due course.


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

 Australia              +1800 653 680
 Hong Kong              +852 2164 3333
 Japan                  +81 3 6441 1440
 London                 +44 (0) 20 7866 1810
 New York               +1866 551 0617




Alternatively please visit our website at www.ftserussell.com

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Date: 28-03-2023 05:34:00
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