In accordance with the proposed privatisation of Denway Motors (Red Chip) (China constituent) by Guangzhou Automobile Group (H) (China non-constituent), the following timetable is expected to be followed for processing the changes to FTSE Xinhua indices: Monday 30th August 2010 (i.e. applied at close Friday 27th August 2010)
Guangzhou Automobile Group (H) (China, B433995, 2238) will replace Denway Motors (Red Chip) (China, 6263766, 0203) in the appropriate FTSE Xinhua indices with shares in issue total of 2,206,853,833 and an investability weighting of 100%. This is based on a Denway’s existing shares in issue total adjusted by the takeover terms.
Monday 6th September 2010 (T+ 5 from Monday 30th August 2010)
Guangzhou Automobile Group (H) will remain in the indices with an increased shares in issue total of 6,141,611,290 and a decreased investability weighting of 40%.
Please Note: All details are based on the current timetable. FREE TRIAL OFFER: FTSE offers free one month index trials to interested clients. For further information or general enquiries please contact us at info@ftse.com or info@ftsexinhua.com or call: | FTSE Xinhua Client Services: | Tel: +852 2230 5800 or +852 2230 5805 (Mandarin) | | Xinhua Financial Network: | Tel: +852 3102 3939 | | Client Services in UK: | Tel: +44 (0) 20 7866 1810 | | Client Services in Europe, Middle East & Africa: | Tel: +44 (0) 20 7866 1810 | | Client Services in US: | Tel: +1 888 747 FTSE (3873) or +1 212 314 1139 | | Client Services in Asia Pacific: | Tel: +852 2230 5800 or +65 6223 3738 or +81 3 3581 2764 |
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