To view the PDF file, sign up for a MySharenet subscription.

General SENS Submitter Company - Index Change Advice 20190418 FTSE JSE Ground Rules Free Float Restrictions Update

Release Date: 18/04/2019 17:20
Code(s): GSSC     PDF:  
 
Wrap Text
Index Change Advice – 20190418 FTSE JSE Ground Rules Free Float Restrictions Update

                   FTSE/JSE Africa Index Series - Ground Rule Update


                                                         18 April 2019
FTSE/JSE would like to inform clients that the Free Float restrictions section of the Ground Rules has been
updated as shown below. This update is effective immediately.


4.3.1 Free float restrictions include:

Old Rule

** Free Float changes resulting from the expiry of a lock-in will be implemented at the next quarterly
review subsequent to there being a minimum of 20 business days between the lock-in expiry date and
the Tuesday before the first Friday of the review month. If the previously locked-in shares are sold by
way of a corporate event (such as a secondary offering), any change to the free float will be applied in
accordance with Rule 6.6.1.

New Rule

** Free Float changes resulting from the expiry of a lock-in will be implemented at the next quarterly
review subject to the lock-in expiry date occurring on or prior to the share and float change
information cut-off date. If the previously locked-in shares are sold by way of a corporate event (such
as a secondary offering), any change to the free float will be applied in accordance with Rule 6.6.1.


An updated copy of the FTSE/JSE Africa Index Series Ground Rules (v6.0) is now available on the JSE
website: https://www.jse.co.za/




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 4563 6346
 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

                                      Terms of Use | Copyright © 2019 FTSE Russell

Date: 18/04/2019 05:20:00 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.

Email this JSE Sens Item to a Friend.

Share This Story