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Zephyrus Wing Energies Ltd. — Regulatory Filings 2023
May 18, 2023
7121_rns_2023-05-18_e0a594c9-84d5-4b60-80d5-61b4b268d94f.pdf
Regulatory Filings
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הבורסה לניירות ערך תל אביב
TEL AVIV STOCK EXCHANGE
May 18, 2023
428597.docx
TASE Index Manager Decisions - Special Factors
Zephyrus shares (ISIN: IL0011946956) will be added to TA-90, TA-125 and TA-Technology Indices in a gradual process as indicated below.
- Jun 2023 Rebalance – 25% of calculated Factor
- Jul 2023 Rebalance – 50% of calculated Factor
- Aug 2023 Rebalance – 75% of Calculated Factor
- Sept 2023 Rebalance – 100% of Calculated Factor
Reasoning:
Coverage-Availability number of days is significantly high; therefore, a gradual factor increase is required. In addition, the total money amount passive funds will need to purchase in comparison to the availability in the market is significantly high, and might suggest a difficulty to purchase the full amount during the rebalance.
Kind Regards,
(-)
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