FTSE Group (FTSE), the global index provider, will announce the regular quarterly changes to the FTSE UK Index Series (including the FTSE 100, FTSE 250 and FTSE All-Share indices) after UK market close, on Wednesday 6th September 2006.
The review of the indices will be prepared by FTSE Group, using close of business figures from Tuesday 5th September 2006 and confirmed by the independent FTSE Europe, Middle East and Africa Regional Committee at its meeting on Wednesday 6th September.
In a separate corporate action which will take place before the UK index series review, BOC will be deleted from the FTSE 100 after market close on Monday 4th September following its takeover by German company Linde. In line with the UK ground rules, it will be replaced by the highest ranking company by market cap on the FTSE 100 reserve list at market close on Thursday 31st August (two working days prior to BOC’s deletion). This is in accordance with the current Scheme of Arrangement timetable.
Also coming up next week are the FTSE4Good indices review results, which will be released on Thursday 7th September.
Additionally, on Tuesday 12th September FTSE will be announcing its annual country classification review results. This is the process by which stock markets are classified as either Developed or Emerging markets within the FTSE Global Equity Series.
Full details of companies joining or leaving FTSE UK Index Series will be available from the FTSE Press Office or from www.ftse.com/media after the UK market close on Wednesday 6th September 2006. Any approved changes to all the above indices will be implemented at the start of business on Monday 18th September 2006.