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Wed 17 Jun 2026, 17:15 Index Change Advice – 20260623 Pan African Resources Investability Weight Change
Index Change Advice – 20260623 Pan African Resources Investability Weight Change

                                                                                                                          CORPORATE




Pan African Resources (South Africa): Shares in Issue and Investability
                          Weight Change
                   FTSE/JSE Africa Index Series

                                                   17 June 2026
Subject to the completion of the Scheme of Arrangement by Pan African Resources (South Africa, constituent) to acquire
Emmerson Resources (non-constituent), please see details of affected indexes and effective dates below:


                                                                                                   Effective From
                 Index                                          Change
                                                                                                   Start of Trading
FTSE/JSE Top 40 Index (J200)                Pan African Resources (South Africa,              23 June 2026
                                            GB0004300496, B23QH41) will remain in the
                                            index with an increased shares in issue total
                                            from 2,333,671,529* to 2,433,030,299** and a
                                            decreased investability weighting from
                                            64.3792%* to 61.7501171939975%**.

FTSE/JSE All Share Index (J203)             Pan African Resources will remain in the index    23 June 2026
                                            as detailed above.

FTSE/JSE Shariah Top 40 Index (J140)        Pan African Resources will remain in the index    23 June 2026
                                            as detailed above.

* The starting figures reflect updates applied as part of the quarterly review changes, effective from the open 22 June
2026.
** The number of index shares remain unchanged, as the investability weight decrease offsets the shares in issue
increase as a result of the issuance of scheme terms.

Please note: The change has been reflected intra-quarter as Emmerson Resources (Australia, AU000000ERM4) is a
FTSE Russell universe member, further updates as a result of the event will be reflected at the September review.




For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call:

Australia             +61 (0) 2 7228 5659
Hong Kong             +852 2164 3333
Japan                 +81 3 6441 1430
London                +44 (0) 20 7866 1810
New York              +1877 503 6437

 JSE Limited          +27 11 520 7000

Alternatively please visit our website at lseg.com/ftse-russell or www.ftsejse.co.za


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Date: 17-06-2026 05:15:00
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