FTSE’s Index Review Reflects New Listings In London

Additions to FTSE Group’s UK indices at the quarterly review have reflected the recent wave of new listings on the London Stock Exchange. The FTSE EMEA Committee has confirmed that there are there are two new entrants to the FTSE 100, with copper company Kazakhmys joining the index after its floatation in London in October, and Persimmon moving up from the FTSE 250. This means that Whitbread and William Hill are demoted to the mid cap index.

Additionally, Peninsular & Oriental (P&O) joins the FTSE 100 from start of trading on 8th December, replacing BPB following its takeover by Saint-Gobain. Peacock Group then moves from the FTSE SmallCap into the FTSE 250.

Petrofac, 888 Holdings and Hikma Pharmaceuticals are new listings which enter the FTSE 250, while the motor retailer Reg Vardy and construction company Kier Group are promoted from the FTSE SmallCap. Making way for these companies are Business Post Group, St Ives, Cambridge Antibody Tech Group, Arla Foods UK, Headlam Group and Foreign & Colonial Eurotrust, which all fall into the FTSE SmallCap.

A new listing to enter the FTSE SmallCap is ING UK Real Estate Income Trust. All changes from the review take effect at close of business on Friday 16th December.

Full details of the UK review are available on www.ftse.com.