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FTSE UK Index Series Quarterly Review December 2017

  • Smith (DS), Just Eat and Halma to join FTSE 100
  • ConvaTec Group, Merlin Entertainments and Babcock International Group to enter FTSE 250 in rebalance

FTSE Russell, the global index provider, confirms today that Smith (DS), Just Eat and Halma will be joining the FTSE 100 Index. In the rebalance, ConvaTec Group, Merlin Entertainments and Babcock International Group 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 Exiting FTSE 250

BCA Marketplace
F&C Global Smaller Companies
Purecircle
RHI Magnesita
TI Fluid Systems

Electra Private Equity
Nostrum Oil & Gas
PayPoint
P2P Global Investments
Restaurant Group

 

 

 

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:

• Wood Group (John)
• Weir Group
• Spirax-Sarco Engineering
• Evraz
• Royal Mail
• Bellway

All changes from this review will be implemented at the close of business Friday, 15 December 2017 and take effect from the start of trading on Monday, 18 December 2017.

A link to the full technical notice can be found here

– Ends –

For further information:

Global Media

Ed Clark
+44 (0)20 7797 1222
newsroom@lseg.com

Notes to editors:

About FTSE Russell:
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. More than $15 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group.
 
For more information, visit www.ftserussell.com 

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