FTSE UK Index Series Quarterly Review September 2017
- NMC Health and Berkeley Group to join FTSE 100
- Provident Financial and Royal Mail to enter FTSE 250 in rebalance
FTSE Russell, the global index provider, confirms today that NMC Health and Berkeley Group will be joining the FTSE 100 Index. In the rebalance, Provident Financial and Royal Mail 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
Alfa Financial Software Holdings
Sequoia Economic Infrastructure Income Fund
Exiting FTSE 250 Index
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):
• Just Eat
• Melrose Industries
• Smith (DS)
All changes from this review will be implemented at the close of business Friday, 15 September 2017 and take effect from the start of trading on Monday, 18 September 2017.
A link to the full technical notice can be found here
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For further information:
Ed Clark +44 (0)20 7797 1222
Notes to editors:
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