FTSE UK Index Series Quarterly Review December 2015
- DCC, Provident Financial and Worldpay Group to join FTSE 100
- G4S, Meggitt and Morrison (Wm) Supermarkets to enter FTSE 250 in rebalance
FTSE Russell, the global index provider, confirms today that DCC, Provident Financial and Worldpay Group will be joining the FTSE 100 Index. In the rebalance, G4S, Meggitt and Morrison (Wm) Supermarkets 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:
Entering FTSE 250 Index
Exiting FTSE 250 Index
Hastings Group Holdings
Renewables Infrastructure 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 (in alphabetical order):
- Auto Trader Group
- Derwent London
- Smith (DS)
All changes from this review will be implemented at the close of business Friday, 18 December 2015 and take effect from the start of trading on Monday, 21 December 2015.
A link to the full technical notice can be found here.
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