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- Friends Provident PLC (United Kingdom, SEDOL 3055977, GICS: Financials, GICS Code: 40301020) will replace Almanij NV - Algemene Maatschappij voor Nijverheidskredit (Belgium, SEDOL 4021104) in the S&P Europe 350 index and will be added in the S&P United Kingdom index, after the close of trading on Wednesday, March 02, 2005. Almanij NV-Algemene Maatschappij voor Nijverheidskredit is being removed from the indices following its merger in an all-stock deal with the fellow S&P Europe 350 constituent KBC Bankverzekeringsholding.
Friends Provident PLC, headquartered in the United Kingdom, operates through two main divisions, Life and Pensions and Asset Management. The number of shares outstanding is 2,102,373,000 and the Investable Weight Factor will be 1. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Life & Health Insurance sub-industry.
- KBC Bankverzekeringsholding, (Belgium, SEDOL 4497749, GICS: Financials, GICS Code: 40101010), a member of the S&P Europe, S&P Euro Plus and S&P Euro Indices, shares will increase to 366,896,309, the new Investable Weight Factor will be 0.6073 and the company will change its name to KBC Group NV. The changes are the result of the merger of KBC Bankverzekeringsholding with Almanij NV - Algemene Maatschappij voor Nijverheidskredit.
| S&P Europe 350, United Kingdom – close of trading March 02, 2005 | |||
| COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
| ADDED | Friends Provident PLC | Financials | Life & Health Insurance |
| DELETED | Almanij NV - Algemene Maatschappij voor Nijverheidskredit | Financials | Diversified Banks |
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