– Informa, Mediclinic International, Morrison (Wm) Supermarkets and Paddy Power Betfair to join FTSE 100
– Aberdeen Asset Management, Hikma Pharmaceuticals, Smiths Group and Sports Direct International to enter FTSE 250 in rebalance

FTSE Russell, the global index provider, confirms today that Informa, Mediclinic International, Morrison (Wm) Supermarkets and Paddy Power Betfair will be joining the FTSE 100 Index. In the rebalance, Aberdeen Asset Management, Hikma Pharmaceuticals, Smiths Group and Sports Direct International 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 Russell Europe, Middle East and Africa (EMEA) Regional Equity 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: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
  • Croda International
  • Rightmove
  • Smith (DS)
  • Smiths Group
  • William Hill

All changes from this review will be implemented at the close of business Friday, 18 March 2016 and take effect from the start of trading on Monday, 21 March 2016.

A link to the full technical notice can be found here.

- Ends -

For further information:

Press Officers
Harry Stein, +44 (0)20 7797 3593
Mark Benhard,  + 1 212 314 1220
newsroom@lseg.com

Regional Contracts
Hong Kong: Fennie Wong, +852 2164 3267
Sydney: Laura McCrackle, +61 (0)2 8823 3521
 

Notes to editors:

:

FTSE Russell is a leading global 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 the London Stock Exchange Group.

For more information, visit www.ftserussell.com.

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