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- Barratt Developments and Taylor Wimpey to join FTSE 100
- IMI and Petrofac to enter FTSE 250 in rebalance
FTSE Group, the global index provider, confirms today that Barratt Developments and Taylor Wimpey will be joining the FTSE 100 Index. In the rebalance, IMI and Petrofac 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 indices continue to portray an accurate reflection of the market they represent, and form an essential component to the management of the indices.
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 |
|
Allied Minds CLS Holdings Game Digital Greggs Jimmy Choo Spirit Pub Company
|
EnQuest Fenner Ferrexpo Foxtons Group Hochschild Mining Spirent Communications
|
FTSE 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):
- Amec Foster Wheeler
- Hikma Pharmaceuticals
- Inmarsat
- Investec
- Merlin Entertainments
- Pennon Group
All changes from this review will be implemented at the close of business Friday, 19 December 2014 and take effect from the start of trading on Monday, 22 December 2014.
