Wrap Text
Informative Notice – 20230913 Naspers and Prosus Cross-Holding Structure Transaction
CORPORATE
Naspers (South Africa) and Prosus (South Africa): Cross-Holding
Structure Transaction
FTSE/JSE Africa Index Series
07 September 2023
Further to the FTSE/JSE notice released on 22 August 2023 in relation to the removal of the cross-
holding structure between Naspers (South Africa, constituent) and Prosus (South Africa, constituent),
please see details of affected indexes and effective dates below:
Effective From
Index Change
Start of Trading
FTSE/JSE Top 40 Index (J200) Prosus (South Africa, NL0013654783, 13 September 2023
BJDS7M4) will remain in the index with
an increased shares in issue total from
2,003,817,745 to 2,660,000,000* and
an increased investability weighting
from 8.361139184675% to
13.728365520942%.
Naspers (South Africa, ZAE000015889,
6622691) will remain in the index with
updated identifiers (ZAE000325783,
BN0VX82) with a decreased shares in
issue total from 435,511,058 to
188,000,000** and an increased
investability weighting from
43.082435578478% to
99.8025377659564%.
FTSE/JSE All Share Index (J203) Prosus will remain in the index as 13 September 2023
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Large Cap Index (J205) Prosus will remain in the index as 13 September 2023
detailed above.
Naspers will remain in the index as
detailed above.
CORPORATE
Effective From
Index Change
Start of Trading
FTSE/JSE Large and Mid Cap Index Prosus will remain in the index as 13 September 2023
(J206) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Industrial 25 Index Prosus will remain in the index as 13 September 2023
(J211) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Capped Industrial 25 Prosus will remain in the index as 13 September 2023
Index (J311) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Financial & Industrial 30 Prosus will remain in the index as 13 September 2023
Index (J213) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Equally Weighted Top 40 Prosus will remain in the index as 13 September 2023
Index (J2EQ) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Equally Weighted Prosus will remain in the index as 13 September 2023
Industrial 25 Index (J5EQ) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Index Prosus will remain in the index as 13 September 2023
(J263) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE RAFI All Share Capped Prosus will remain in the index as 13 September 2023
Index (J283) detailed above.
Naspers will remain in the index as
detailed above.
CORPORATE
Effective From
Index Change
Start of Trading
FTSE/JSE Capped Top 40 Index Prosus will remain in the index as 13 September 2023
(J300) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Capped All Share Index Prosus will remain in the index as 13 September 2023
(J303) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Style Index (J330 and Prosus will remain in the index as 13 September 2023
J331) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE RAFI 40 Index (J260) Prosus will remain in the index as 13 September 2023
detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Top 40 Minimum Prosus will remain in the index as 13 September 2023
Variance Index (J700) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All-Share Minimum Prosus will remain in the index as 13 September 2023
Variance Index (J703) detailed above.
FTSE/JSE Responsible Investment Naspers will remain in the index as 13 September 2023
Top 30 Index (J110) detailed above.
FTSE/JSE All Share Comprehensive Prosus will remain in the index as 13 September 2023
Factor Index (J203CF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Yield Factor Prosus will remain in the index as 13 September 2023
Index (J203DF) detailed above.
Naspers will remain in the index as
detailed above.
CORPORATE
Effective From
Index Change
Start of Trading
FTSE/JSE All Share Low Volatility Prosus will remain in the index as 13 September 2023
Focused Factor Index (J203LF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Momentum Prosus will remain in the index as 13 September 2023
Factor Index (J203MF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Quality Factor Prosus will remain in the index as 13 September 2023
Index (J203QF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Size Factor Prosus will remain in the index as 13 September 2023
Index (J203SF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Value Factor Prosus will remain in the index as 13 September 2023
Index (J203VF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE All Share Volatility Factor Prosus will remain in the index as 13 September 2023
Index (J203VOF) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted All Prosus (South Africa, NL0013654783, 13 September 2023
Share Index (J403) BJDS7M4) will remain in the index with
an increased shares in issue total from
2,003,817,745 to 2,660,000,000* and
an increased investability weighting
from 8.361139184675% to
13.728365520942%.
Naspers (South Africa, ZAE000015889,
6622691) will remain in the index with
updated identifiers (ZAE000325783,
BN0VX82) with a decreased shares in
issue total from 435,511,058 to
188,000,000** and an increased
investability weighting from
43.082435578478% to
99.8025377659564%.
CORPORATE
Effective From
Index Change
Start of Trading
FTSE/JSE Capped Shareholder Prosus will remain in the index as 13 September 2023
Weighted All Share Index (J433) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted Prosus will remain in the index as 13 September 2023
Top 40 Index Index (J400) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Capped Shareholder Prosus will remain in the index as 13 September 2023
Weighted Top 40 Index (J430) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted Prosus will remain in the index as 13 September 2023
Industrial 25 Index (JSZ1) detailed above.
Naspers will remain in the index as
detailed above.
FTSE/JSE Shareholder Weighted Prosus will remain in the index as 13 September 2023
Financial & Industrial 30 Index detailed above.
(JSZ3)
Naspers will remain in the index as
detailed above.
FTSE/JSE Responsible Investment Prosus will remain in the index as 13 September 2023
Index (J113) detailed above.
Naspers will remain in the index as
detailed above.
* The number of shares approximately reflects the number of shares to be listed on the effective date.
The number of index shares will reflect the capitalisation issue of 1.17960 new Prosus shares for each
share held by a minority shareholder. The price will be adjusted according to the capitalisation issue
terms and overall the event will be market capitalisation neutral.
** The number of shares approximately reflects the number of shares to be listed on the effective
date. The number of index shares will reflect, post capitalisation issue and consolidation, minority
shareholders will receive one share for each share held. Overall the event will be market capitalisation
neutral.
Please note: The previously announced free float update for Prosus scheduled for the review date (i.e.
effective 18 September 2023) has been adjusted to incorporate the terms of the capitalisation issue
event, and is reflected in the various Review constituent products, available on the JSE IDP.
CORPORATE
For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or 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
Terms of Use | Copyright © 2023 FTSE Russell
Date: 07-09-2023 05:31:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
