FTSE UK Index Series Quarterly Review March 2017
- Scottish Mortgage Investment Trust and Rentokil Initial to join FTSE 100
- Capita and Dixons Carphone to enter FTSE 250 in rebalance
FTSE Russell, the global index provider, confirms today that Scottish Mortgage Investment Trust and Rentokil Initial will be joining the FTSE 100 Index. In the rebalance, Capita and Dixons Carphone 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||Exiting FTSE 250 Index|
|Brown (N.) Group
International Personal Finance
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
- Polymetal International
- Smith (DS)
- Weir Group
All changes from this review will be implemented at the close of business Friday, 17 March 2017 and take effect from the start of trading on Monday, 20 March 2017.
A link to the full technical notice can be found here
For further information:
Ed Clark +44 (0)20 7797 1222
Notes to editors:
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