FTSE Russell Anglo American (0539Z)
May 18 2021 - 1:00PM
UK Regulatory
TIDMAAL
RNS Number : 0539Z
FTSE Russell
18 May 2021
Anglo American (UK): Demerger and Nationality Change in Thungela
Resources
Informative Notice
18 May 2021
FTSE Russell notes the demerger of Thungela Resources from Anglo
American (UK, B1XZS82, GEIS Large Cap, FTSE 100). Shareholders will
receive one share in Thungela Resources for every ten shares held
in Anglo American. Thungela Resources will be incorporated in South
Africa and have a primary listing on the Johannesburg Stock
Exchange, with an additional listing on the Standard segment of the
London Stock Exchange. Consequently, Thungela Resources will not
satisfy the inclusion criteria for the FTSE UK index series, and
will be assigned a FTSE nationality of South Africa and placed
within the appropriate indexes.
Subject to regulatory approval and based on the current
timetable, FTSE Russell anticipates the following treatment:
Monday 07 June 2021 (from market open):
Anglo American will trade ex-entitlement to the demerger.
Thungela Resources (UK, BMV3M27) will temporarily be added to the
same indexes as Anglo American (including the FTSE 100), with the
event being market capitalisation neutral.
Thungela Resources is expected to commence trading on the
Johannesburg Stock Exchange and on the Standard Segment of the
London Stock Exchange.
Thungela Resources will reflect the market price of the London
Stock Exchange listing.
Monday 07 June 2021 (at market close):
Further notices will be released detailing the impact of the
nationality change, with Thungela resources being placed within the
appropriate Middle East & Africa Size index based on its market
valuation on the Johannesburg Stock Exchange (with its membership
dependent on satisfying the relevant exclusion threshold for the
cap tier)
Thursday 10 June 2021:
Transfers between the UK and South Africa Registers re-open.
Friday 11 June 2021 (from market open):
Thungela Resources will effect a nationality change from UK to
South Africa within the FTSE Global Equity Index Series. It will be
deleted from any index for which it is no longer eligible at the
LSE close price from 10 June 2021 (including the FTSE 100 and FTSE
UK Series).
The opening price on 11 June 2021 will reflect the JSE close
price from 10 June 2021.
FTSE Russell will issue further notices 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 4563 6346
London +44 (0) 20 7866 1810
New York +1866 551 0617
Alternatively please visit our website at www.ftserussell.com
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END
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