FTSE Group (“FTSE”) confirms today that global engineering solutions provider IMI (IMI.L) will be joining the FTSE 100 Index. In the rebalance, Cobham (COB.L) will leave the UK’s leading blue chip Index and enter the FTSE 250 Index.
Today’s changes are part of the FTSE UK Index Series quarterly review approved by the independent FTSE Europe, Middle East and Africa Regional Committee. The impartial reviews ensure the UK indices remain an accurate reflection of the market they represent and are seen as an essential component to the running of the indices.
The FTSE 250 Index will see the following changes:
Inclusions
to the FTSE 250 Index |
Exclusions
from the FTSE 250 Index |
Cobham
(exclusion from FTSE 100) Betfair
Group (new entry) AZ
Electronic Materials (new entry) Exillon
energy (promotion from Small Cap) |
IMI
(promotion to FTSE 100) Robert
Wiseman Dairies Xchanging
Yell
Group |
All changes from this review will be implemented at the close of business Friday, 17 December 2010 and take effect from the start of trading on Monday, 20 December 2010.