Wrap Text
Index Change Advice – 20250324 March 2025 Quarterly Review ICA UPDATED
FTSE/JSE Africa Index Series - Quarterly Review Updated
05 March 2025
All constituent, sector, free float and shares in issue changes will be applied after the close of business on Thursday,
20 March 2025 and will be effective Monday, 24 March 2025.
Update: The Free Float for Primary Health Properties (PHP) will change from 8.276276302953%
to 8.320729092941%. All the other changes remain the same.
Classification Changes
NO CLASSIFICATION CHANGES
Free Float Changes
Ticker Constituent ISIN Old FF New FF
AFE AECI ZAE000000220 99.877810798016 99.878786305019
ACS Acsion Ltd ZAE000198289 19.179933648095 19.119999895888
AGL Anglo American* GB00B1XZS820 28.080570735321 28.291277264833
ANG AngloGold Ashanti Plc* GB00BRXH2664 59.952852105264 68.273651473608
ANH Anheuser-Busch InBev* BE0974293251 4.319857471720 4.758944689310
BHG BHP Group Ltd* AU000000BHP4 3.516474683804 3.278033328543
BAT Brait PLC LU0011857645 68.577547257810 56.782353066094
BTI British American Tobacco PLC* GB0002875804 10.043709262657 9.491839283295
BYI Bytes Technology Group GB00BMH18Q19 22.294225528915 22.967064507877
CAA CA Sales Holdings Limited ZAE400000036 60.176817255330 61.189741787688
CAC Cafca ZW0009011942 15.179999401000 0.378531326401
CAT Caxton & CTP ZAE000043345 52.894723479102 45.762886709193
CHP Choppies Enterprises Ltd BW0000001072 40.638258921300 33.904785183957
CLS Clicks Group Ltd* ZAE000134854 99.909015476253 99.909925181471
CFR Compagnie Financiere Richemont AG* CH0210483332 9.811213346929 9.358353393107
DKR Deutsche Konsum REIT-AG DE000A14KRD3 0.086230098597 0.056284956690
EPS Eastern Platinum CA2768555096 2.067633789326 1.993489014855
EUZ Europa Metals AU0000090060 9.909189746599 9.868105212365
FTB Fairvest Limited B ZAE000304796 87.929999992225 93.876971767774
GML Gemfields Group Limited GG00BG0KTL52 55.549769490409 54.061267138547
GLN Glencore* JE00B4T3BW64 4.262068295203 4.142756661747
HMN Hammerson Plc GB00BRJQ8J25 15.354138701377 18.671969853010
INP Investec PLC* GB00B17BBQ50 52.951566926404 53.986429572550
JBL Jubilee Metals Group GB0031852162 12.305699923361 13.712478245478
KRO Karooooo SGXZ19450089 17.310000334485 17.338131568981
KP2 Kore Potash Plc GB00BYP2QJ94 11.036227132357 12.533623966787
LSK Lesaka Technologies US64107N2062 32.639934787708 39.390931598120
MSP MAS PLC VGG5884M1041 78.857713190383 65.902409275324
MMP Marshall Monteagle JE00B5N88T08 29.133295695474 29.137958595677
MNP Mondi Plc* GB00BMWC6P49 39.379440361605 42.863093094948
MKR Montauk Renewables Inc US61218C1036 29.947990079624 30.626924628338
NPK Nampak ZAE000322095 90.373380285279 94.860010117761
NTC Netcare ZAE000011953 99.588152525215 99.590237696666
NCS Nictus NA0009123481 15.834317238454 15.865502820736
N91 Ninety One Plc GB00BJHPLV88 28.255713440128 28.715367871633
ORN Orion Minerals AU000000ORN1 49.409815066115 49.440106739599
PAN Pan African Resources GB0004300496 68.980031536034 68.999666487276
PHP Primary Health Properties GB00BYRJ5J14 8.276276302953 8.320729092941
Page 1 of 11
PRX Prosus* NL0013654783 12.008607911410 12.009649343512
PPE Purple Group Ltd ZAE000185526 73.449999940991 86.839999953235
QLT Quilter GB00BNHSJN34 57.455992621812 56.283139013343
REN Renergen Ltd ZAE000202610 79.370156579019 79.898649685784
SCD Schroder European Real Estate Investment Trust GB00BY7R8K77 4.077585875266 3.982870980831
SHC Shaftesbury Capital GB00B62G9D36 5.923678580515 5.691300288351
SRE Sirius Real Estate Ltd GG00B1W3VF54 27.169779728144 27.270810311018
S32 South32 AU000000S320 6.925919215885 6.365606552369
SDL Southern Palladium AU0000220808 44.634096935933 43.890161627268
SPP The Spar Group ZAE000058517 99.857073225645 99.857369345250
TGA Thungela Resources ZAE000296554 79.206877240769 81.151928646863
TCP Transaction Capital ZAE000167391 79.999999923500 84.000000000000
TRE Trencor Ltd ZAE000007506 99.900731271330 99.904296360919
VIS Visual International Holdings Ltd ZAE000187407 57.646409923863 25.871732742956
VKE Vukile Property Fund ZAE000180865 91.257524581346 97.240922849450
* Top 40 Constituent
SWIX Portfolio Weight Changes
** Please refer to the Free Float Changes above. As per Phase 1 of the Index Harmonisation project which went live on 18 March
2024, all constituents use the same free float in the vanilla and SWIX indices.
Shares in Issue Changes
Ticker Constituent ISIN Old SII New SII
ANG AngloGold Ashanti Plc* GB00BRXH2664 520,960,412 503,527,052
CML Coronation Fund Managers ZAE000047353 349,592,298 387,159,813
DTC Datatec ZAE000017745 233,219,441 236,184,688
DKR Deutsche Konsum REIT-AG DE000A14KRD3 35,155,938 53,859,862
EQU Equites Property Fund ZAE000188843 809,581,655 835,179,723
FTB Fairvest Limited B ZAE000304796 1,498,961,764 1,706,288,303
FGL Finbond Group Ltd ZAE000138095 542,720,092 515,720,092
JBL Jubilee Metals Group GB0031852162 2,983,493,617 3,013,865,822
MTU Mantengu Mining ZAE000320347 219,212,326 277,531,471
MRP Mr Price Group* ZAE000200457 256,791,496 259,792,408
OMU Old Mutual Ltd* ZAE000255360 4,790,906,428 4,712,897,403
PBG PBT Group Limited ZAE000256319 104,213,259 106,330,773
PAN Pan African Resources GB0004300496 2,222,862,046 2,335,675,263
RDF Redefine Properties ZAE000190252 7,052,419,865 7,202,600,656
REN Renergen Ltd ZAE000202610 147,528,660 155,047,410
SBP Sabvest Capital ZAE000283511 39,220,000 38,370,000
SDL Southern Palladium AU0000220808 89,750,000 90,950,000
SBK Standard Bank Group* ZAE000109815 1,675,835,579 1,658,921,122
TTO Trustco Group Holdings NA000A0RF067 987,238,581 1,192,174,774
VIS Visual International Holdings Ltd ZAE000187407 410,265,547 984,116,671
VKE Vukile Property Fund ZAE000180865 1,229,933,623 1,244,630,392
* Top 40 Constituent
FTSE/JSE All Share (J203; J303)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 54
BOX Boxer Retail Limited ZAE000339891 457,407,408 34.5763564896200% 58
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 73
Page 2 of 11
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
RBO Rainbow Chicken Limited ZAE000334850 19.5389497452150% 143
FTSE/JSE Top 40 (J200; J2EQ; J300)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AMS Anglo American Plat Ltd ZAE000013181 265,292,206 33.1010832636400% 35
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733520% 43
Index Reserve List
Ticker Constituent ISIN Free Float Rank
TFG The Foschini Group Limited ZAE000148466 96.6582946482058% 40
TBS Tiger Brands Ltd ZAE000071080 86.5676252792273% 42
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733524% 43
NPH Northam Platinum Hldgs Ltd ZAE000298253 88.9791931123847% 44
MTM Momentum Group Limited ZAE000269890 91.8999999369914% 45
FTSE/JSE Mid Cap (J201)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
SOL Sasol Limited ZAE000006896 639,743,757 90.972263898549% 42
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.244245427100% 54
BOX Boxer Retail Limited ZAE000339891 457,407,408 34.576356489618% 58
KRO Karooooo Ltd SGXZ19450089 30,951,106 17.338131568981% 64
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
DSY Discovery Ltd ZAE000022331 78.8706698263540% 22
HAR Harmony GM Co Ltd ZAE000015228 87.7348706244200% 24
TGA Thungela Resources Ltd ZAE000296554 79.2068772407690% 85
Page 3 of 11
FTSE/JSE Small Cap (J202)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 73
TGA Thungela Resources Ltd ZAE000296554 140,492,585 81.1519286468630% 85
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
KRO Karooooo Ltd SGXZ19450089 17.3100003344850% 64
RBO Rainbow Chicken Limited ZAE000334850 19.5389497452150% 143
FTSE/JSE Fledgling (J204)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
RBO Rainbow Chicken Limited ZAE000334850 890,207,496 19.5389497452150% 143
EEL Efora Energy Limited ZAE000248258 1,103,834,635 13.6574629224241% 224
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
LNF London Fin Inv Group plc GB0002994001 0.0100328514200% 201
CAC Cafca Limited ZW0009011942 15.1799994010000% 219
FTSE/JSE Large Cap (J205)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
DSY Discovery Ltd ZAE000022331 676,374,092 78.8706698263536% 22
HAR Harmony GM Co Ltd ZAE000015228 632,634,413 87.7348706244198% 24
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
SOL Sasol Limited ZAE000006896 90.9722638985490% 42
FTSE/JSE Large & Mid Cap (J206)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 54
BOX Boxer Retail Limited ZAE000339891 457,407,408 34.5763564896180% 58
KRO Karooooo Ltd SGXZ19450089 30,951,106 17.3381315689810% 64
Page 4 of 11
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
TGA Thungela Resources Ltd ZAE000296554 79.2068772407690% 85
FTSE/JSE Shariah Top 40 (J140; J141)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AMS Anglo American Plat Ltd ZAE000013181 265,292,206 33.1010832636400% 35
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733520% 43
FTSE/JSE Shariah All Share (J143)
NO CONSTITUENT ADDITIONS
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
FTB Fairvest Limited B ZAE000304796 87.9299999922250% 111
RBO Rainbow Chicken Limited ZAE000334850 19.5389497452150% 143
FTSE/JSE Resource 10 (J210; J310; J3EQ)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733520% 11
NPH Northam Platinum Hldgs Ltd ZAE000298253 88.9791931123850% 12
SAP Sappi Ltd ZAE000006284 98.8087433479920% 13
FTSE/JSE Industrial 25 (J211; J311; J5EQ)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
BAW Barloworld Ltd ZAE000026639 94.4289767739849% 24
PIK Pick n Pay Stores Ltd ZAE000005443 70.7405530292481% 27
DCP Dis-Chem Pharmacies Ltd ZAE000227831 54.7932319806774% 28
Page 5 of 11
FTSE/JSE Financial 15 (J212; J4EQ)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
MTM Momentum Group Limited ZAE000269890 91.8999999369914% 15
QLT Quilter plc GB00BNHSJN34 56.2831390133431% 17
FFB Fortress Real Est Inv B ZAE000248506 99.5484429777525% 18
FTSE/JSE Financial and Industrial 30 (J213)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
TFG The Foschini Group Limited ZAE000148466 96.6582946482058% 31
TBS Tiger Brands Ltd ZAE000071080 86.5676252792273% 32
MTM Momentum Group Limited ZAE000269890 91.8999999369914% 33
FTSE/JSE Alternative Exchange Index (J232)
NO CONSTITUENT ADDITIONS OR DELETIONS
FTSE/JSE ALTX 15 (J233)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
MTU Mantengu Mining Limited ZAE000320347 219,212,326 59.3430832930655% 5
EUZ Europa Metals Limited AU0000090060 97,671,790 9.8681052123648% 7
NO CONSTITUENT DELETIONS
Index Reserve List
No eligible companies remaining on reserve list
FTSE/JSE Preference Share Index (J251)
NO CONSTITUENT ADDITIONS OR DELETIONS
Page 6 of 11
FTSE/JSE SA Listed Property Index (J253)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
No eligible companies remaining on reserve list
FTSE/JSE Capped Property Index (J254)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 5
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 12
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
BTN Burstone Group Limited ZAE000180915 73.5427208076250% 21
EMI Emira Property Fund Ltd ZAE000203063 40.6383767529250% 22
Index Reserve List
Ticker Constituent ISIN Free Float Rank
BTN Burstone Group Limited ZAE000180915 73.5427208076250% 21
EMI Emira Property Fund Ltd ZAE000203063 40.6383767529250% 22
FTSE/JSE Dividend+ (J259)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
GLN Glencore plc JE00B4T3BW64 13,550,000,000 4.1427566617466% 22
QLT Quilter plc GB00BNHSJN34 1,404,105,498 56.2831390133431% 25
Equities for exclusion to index
Ticker Constituent ISIN Free Float Rank
TGA Thungela Resources Ltd ZAE000296554 79.206877240769% 2
AGL Anglo American plc GB00B1XZS820 28.080570735321% 45
Index Reserve List
Ticker Constituent ISIN Free Float Rank
LHC Life Healthc Grp Hldgs Ltd ZAE000145892 94.2388227567611% 27
MNP Mondi plc GB00BMWC6P49 42.8630930949483% 28
GFI Gold Fields Ltd ZAE000018123 98.4784459141027% 31
S32 South32 Limited AU000000S320 6.3656065523693% 33
ANG AngloGold Ashanti plc GB00BRXH2664 68.2736514736077% 35
Page 7 of 11
FTSE/JSE Value Index (J330)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 54
BOX Boxer Retail Limited ZAE000339891 457,407,408 34.5763564896200% 58
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 73
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
RBO Rainbow Chicken Limited ZAE000334850 19.5389497452150% 143
FTSE/JSE Growth Index (J331)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 54
BOX Boxer Retail Limited ZAE000339891 457,407,408 34.5763564896200% 58
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 73
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
RBO Rainbow Chicken Limited ZAE000334850 19.5389497452150% 143
FTSE/JSE Shareholder Weighted Top 40 (J400; J430)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AMS Anglo American Plat Ltd ZAE000013181 265,292,206 33.1010832636400% 35
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733520% 43
Index Reserve List
Ticker Constituent ISIN Free Float Rank
TFG The Foschini Group Limited ZAE000148466 96.6582946482058% 40
TBS Tiger Brands Ltd ZAE000071080 86.5676252792273% 42
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733524% 43
NPH Northam Platinum Hldgs Ltd ZAE000298253 88.9791931123847% 44
MTM Momentum Group Limited ZAE000269890 91.8999999369914% 45
Page 8 of 11
FTSE/JSE Shareholder Weighted All Share (J403; J433)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 54
BOX Boxer Retail Limited ZAE000339891 457,407,408 34.5763564896200% 58
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 73
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
RBO Rainbow Chicken Limited ZAE000334850 19.5389497452150% 143
FTSE/JSE Tradable Property (J800)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 5
Equities for exclusion from index
Ticker Constituent ISIN Free Float Rank
VKE Vukile Property Fund Ltd ZAE000180865 91.2575245813460% 11
FTSE/JSE All Property (J803)
Equities for inclusion to index
Ticker Constituent ISIN SII Free Float Rank
AHR ASSURA PLC GB00BVGBWW93 3,250,608,887 7.2442454271000% 5
SRI Supermarket Income REIT GB00BF345X11 1,246,239,185 11.1332149361000% 12
NO CONSTITUENT DELETIONS
FTSE/JSE SA REIT (J805)
NO CONSTITUENT ADDITIONS OR DELETIONS
FTSE/JSE SWIX Resource 10 (JSZ0)
Page 9 of 11
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
EXX Exxaro Resources Ltd ZAE000084992 69.0272894733520% 11
NPH Northam Platinum Hldgs Ltd ZAE000298253 88.9791931123850% 12
SAP Sappi Ltd ZAE000006284 98.8087433479920% 13
FTSE/JSE SWIX Industrial 25 (JSZ1)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
BAW Barloworld Ltd ZAE000026639 94.4289767739849% 24
PIK Pick n Pay Stores Ltd ZAE000005443 70.7405530292481% 27
DCP Dis-Chem Pharmacies Ltd ZAE000227831 54.7932319806774% 28
FTSE/JSE SWIX Financial 15 (JSZ2)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
MTM Momentum Group Limited ZAE000269890 91.8999999369914% 15
QLT Quilter plc GB00BNHSJN34 56.2831390133431% 17
FFB Fortress Real Est Inv B ZAE000248506 99.5484429777525% 18
FTSE/JSE SWIX Financial and Industrial 30 (JSZ3)
NO CONSTITUENT ADDITIONS OR DELETIONS
Index Reserve List
Ticker Constituent ISIN Free Float Rank
TFG The Foschini Group Limited ZAE000148466 96.6582946482058% 31
TBS Tiger Brands Ltd ZAE000071080 86.5676252792273% 32
MTM Momentum Group Limited ZAE000269890 91.8999999369914% 33
Page 10 of 11
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Page 11 of 11
Date: 18-03-2025 05:35:00
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