FTSE UK Index Series Quarterly Review December 2016
— ConvaTec Group and Smurfit Kappa Group to join FTSE 100
— Polymetal International and Travis Perkins to enter FTSE 250 in rebalance
FTSE Russell, the global index provider, confirms today that ConvaTec Group and Smurfit Kappa will be joining the FTSE 100 Index. In the rebalance, Polymetal International and Travis Perkins will leave the UK’s leading index and enter the FTSE 250 Index.
The rules-driven impartial quarterly reviews ensure the indexes continue to portray an accurate reflection of the market they represent, and form an essential component to the management of the indexes.
The FTSE 250 Index will see the following changes (in alphabetical order), in addition to the amendments described above:
|Entering FTSE 250 Index||Exiting FTSE 250 Index|
Nostrum Oil & Gas
FTSE Russell operates a reserve list for the FTSE 100 Index, to be used in the event of a corporate action occurring between reviews e.g. merger, acquisition, delisting or suspension. In such cases, the reserve list constituent with the largest market capitalisation (on the date of the corporate action) will replace the outgoing constituent. With immediate effect, the following reserve list for FTSE 100 will be used (in alphabetical order):
- Auto Trader Group
- Just Eat
- Rentokil Initial
- Scottish Mortgage Inv Tst
- Weir Group
All changes from this review will be implemented at the close of business Friday, 16 December 2016 and take effect from the start of trading on Monday, 19 December 2016.
A link to the full technical notice can be found here.
– Ends –
For further information:
Ed Clark, +44 (0)20 7797 1222
Hong Kong: Fennie Wong, +852 2164 3267
Sydney: Laura McCrackle, +61 2 9293 3521
Notes to editors:
About FTSE Russell:
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