FTSE UK Index Series Quarterly Review September 2015
– Berkeley Group Holdings to join FTSE 100
– Weir Group to enter FTSE 250 in rebalance
FTSE Russell, the global index provider, confirms today that Berkeley Group Holdings will be joining the FTSE 100 Index. In the rebalance, Weir Group will leave the UK’s leading index and enter the FTSE 250 Index.
The changes announced today are part of the impartial quarterly reviews endorsed by the independent FTSE Europe, Middle East and Africa (EMEA) Regional Advisory Committee. The rules-driven 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:
*P2P Secondary Line
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):
- Croda International
- Derwent London
- Provident Financial
All changes from this review will be implemented at the close of business Friday, 18 September 2015 and take effect from the start of trading on Monday, 21 September 2015.
A link to the full technical notice can be found here.
– Ends –
For further information:
Harry Stein, +44 (0)20 7797 1222
Mark Benhard, +1 212 314 1199
Hong Kong: Fennie Wong +852 2164 3267
Sydney: Laura McCrackle +61 2 8823 3526
Notes to editors:
About FTSE Russell:
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