FTSE UK Index Series Quarterly Review June 2017
- G4S and Segro to join FTSE 100
- Hikma Pharmaceuticals and Intu Properties to enter FTSE 250 in rebalance
FTSE Russell, the global index provider, confirms today that G4S and Segro will be joining the FTSE 100 Index. In the rebalance, Hikma Pharmaceuticals and Intu Properties 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
FDM Group Holdings
Pershing Square Holdings
TBC Bank Group
Exiting FTSE 250 Index
BH Macro (GBP)
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):
• Berkeley Group Holdings
• Melrose Industries
• NMC Health
• JD Sports Fashion
• Just Eat
All changes from this review will be implemented at the close of business Friday, 16 June 2017 and take effect from the start of trading on Monday, 19 June 2017.
A link to the full technical notice can be found here
For further information:
Global Media: Ed Clark +44 (0)20 7797 1222
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