Informative Notice – 20180319 Review Timetable Informative Notice FTSE/JSE Index Review Timetable – March 2018 19 January 2018 The FTSE/JSE Africa Index Series will be reviewed during March 2018. The review timetable is as follows: Event Date Description Free Float and Shares 14 February 2018 Cut date to determine free float changes in In Issue Changes Cut excess of 3% and cumulative shares in Date issue changes in excess of 1% Ranking Cut Date 19 February 2018 Market capitalisation snapshot for ranking and selection purposes Indicative Free Float 22 February 2018 Publication of the indicative free float changes Review ICA 28 February 2018 Review additions, deletions and weighting changes published FTSE/JSE AC Meeting 1 March 2018 FTSE/JSE Advisory Committee Meeting Capping Cut Date 9 March 2018 Closing prices snapshot for portfolio factor calculation Portfolio Factors 12 March 2018 Publication of portfolio factors for capped, equally weighted and fundamental weighted indices Effective Date 19 March 2018 Review changes applied from start of trading Please note: The March 2018 quarterly shares and free float updates will be implemented in accordance with the below timetable: Cut-off date for New Information: Information available prior to the end of day on 14 February 2018 will be considered when determining March’s shares and free float updates. Due to the shorter month and the February 2018 calendar, the second Wednesday of February will serve as the cut-off this quarter. Shares and Float Files: The indicative shares and float files will be released by FTSE Russell on 21 February 2018 (and wil be available on the FTSE/JSE website on 22 February 2018). Clients are welcome to query the data included within these files and FTSE Russell will review appropriately. Any changes will be visible within the files which will be published daily between 21 February and 02 March 2018 - although no supplementary notification will be provided (i.e. any changes from the previous day’s file will not be highlighted). These files are strictly indicative until 02 March 2018 and are subject to daily changes. Please note: the daily publication of the files without supplementary information (i.e. the changes from the previous iteration) is intended to be temporary and is under review. Further updates to the deliverable will be announced in due course. The review files will be released on 28 February 2018. The shares and float files will be considered final on 02 March 2018. Query Period: Clients are welcome to query the share and free float data visible within the indicative files and the final files between 21 February 2018 and the end of day on 02 March 2018. Any corrections to the final shares and float files will result in a restatement of the final files with an accompanying notice that will communicate the precise changes. Lock-Down Period: Effective start of trading on 05 March 2018, the scheduled shares and free float changes will be “locked down” across the FTSE Indexes, with no further corrections applied this quarter*. *on occasion, egregious errors may be corrected during the lock-down period if an erroneous change will compromise the replicability of the index or if the change places potential price pressure on the company. Index Review effective Date: from start of trading on 19 March 2018, the quarterly share and free float updates will become effective within the FTSE indexes. Additional Clarifications Suspended Stocks: Constituents which are suspended on 02 March 2018 will not have their scheduled review changes implemented regardless of a resumption of trade prior to the review effective date (any reversals will be communicated on 05 March 2018). The scheduled review changes will be implemented T+2 after the review effective date, at the earliest, upon resumption of trade. If an active constituent suspends on or prior to 14 March 2018, the scheduled review changes will be reversed (the final reversals will be communicated on 15 March 2018) and applied T+2 after the resumption of trade. If a suspension occurs on 15 March 2018 or 16 March 2018, the review changes will proceed as previously communicated*. *in exceptional circumstances, it may be deemed necessary to reverse the review changes when a company suspends on March 15 or 16. Equity Offerings: In accordance with standard methodology, primary and secondary offerings will continue to be applied with two days’ notice when discovered after the review announcement date. However, offerings discovered on, or would otherwise be implemented on, the Monday, Tuesday, and Wednesday prior to the review will instead be implemented simultaneously in conjunction with the review effective date on 19 March 2018 (open). Offerings discovered on the Thursday and Friday prior to the review will be implemented with two days’ notice and therefore subsequent to the review; i.e. primary and secondary offerings will not be implemented to the FTSE indexes during the week leading up to the review. Timetable Summary Date Action Wednesday 14 March Share and Float cut-off date Wednesday 21 February to Friday 02 March Shares in issue and free float changes published Wednesday 28 February The review files will be published. Wednesday 21 February to Friday 02 March Query period Monday 05 March Lock down period commences Monday 19 March Index review effective from the open Should you require further information, please refer to the FTSE/JSE Ground Rules available at the link below or contact Indices on +27 11 520 7137 or indices@jse.co.za FTSE/JSE Ground Rules 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 3581 2764 London +44 (0) 20 7866 1810 New York +1866 551 0617 Alternatively please visit our website at www.ftserussell.com Terms of Use | Copyright © 2018 FTSE Russell Date: 19/01/2018 05:05:00 Produced by the JSE SENS Department. 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