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Rimon Consulting & Managing Services Ltd. — Regulatory Filings 2021
Dec 23, 2021
7023_rns_2021-12-23_0d338e90-70a9-4b82-a3b4-1901fd370be9.pdf
Regulatory Filings
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הבורסה לניירות ערך תל אביב TEL AVIV STOCK EXCHANGE
Dec 23, 2021 402632.docx
TASE Index Manager Decisions
Special Factor for Sufrin and Rimon
- Rimon shares (IL0011787228): A 30% factor from its original factor as of Jan 6th, 2022 will be set in the following Indices: TA-SME60, TA-RealEstate and TA-Construction Index.
Reasoning: Coverage-Availability number of days significantly exceeds 30 average trading days, therefore, a gradual factor increase is required.
- Sufrin shares (IL0011815698): A gradual addition to TASE Indices will be implemented as follows:
- Jan 2022 Rebalance – 40% of calculated Factor
- Feb 2022 Semi-Annual Update – 70% Calculated Factor
- March 2022 Rebalance – 100% Calculated Factor
Reasoning: TASE calculated "Coverage-Availability Ratio", which describes the amount of money passive funds needs to purchase relatively to the available float in the market at that point of time. A value higher than 5% might suggest difficulty to purchase the entire scope of money needed during the Rebalance/Update Date.
Kind Regards,
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Indices Unit
THE TEL-AVIV STOCK EXCHANGE LTD 2 Ahuzat Bayit St., Tel-Aviv 6525216 Israel • POB 29060, Tel-Aviv 6129001 Israel Tel: 972-76-8160411 • Fax: 972-3-5105379 www.tase.co.il