Rockley Photonics Set to Join Russell 3000® Index
14 June 2022 - 7:33AM
Business Wire
Rockley Photonics Holdings Limited (NYSE: RKLY), a global leader
in photonics-based health monitoring and communications solutions,
announced that it is set to join the broad-market Russell 3000®
Index at the conclusion of the 2022 Russell indexes annual
reconstitution, effective after the U.S. market opens on June 27,
2022, according to a preliminary list of additions posted June 3,
2022.
The Russell indexes reconstitution captures the 4,000 largest
U.S. stocks as of May 6, 2022, ranking them by total market
capitalization. Inclusion in the U.S. all-cap Russell 3000® Index
remains in place for one year. Companies included in this index are
automatically included in the large-cap Russell 1000® Index or
small-cap Russell 2000® Index, as well as the appropriate growth
and value style indexes. FTSE Russell determines membership for its
Russell indexes primarily by objective, market-capitalization
rankings, and style attributes.
“We are pleased to announce our inclusion in the Russell index.
Being included in the index will expand the visibility of Rockley
as we gain more recognition as a public company,” said Dr. Andrew
Rickman, chairman and chief executive officer of Rockley. “The
inclusion in the index not only enhances our visibility within the
broader market, but it also raises our profile in the wearables
market, where we continue to make great strides in commercializing
our biosensing platform, which we believe will profoundly change
healthcare by providing a holistic view of a person’s health.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12 trillion in assets
are benchmarked against Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
About Rockley Photonics
A global leader in photonics-based health monitoring and
communications solutions, Rockley Photonics is developing a
comprehensive range of photonic integrated circuits and associated
modules, sensors, and full-stack solutions. From next-generation
sensing platforms specifically designed for mobile health
monitoring and machine vision to high-speed, high-volume solutions
for data communications, Rockley is laying the foundation for a new
generation of applications across multiple industries. Rockley
believes that photonics will eventually become as pervasive as
micro-electronics, and it has developed a platform with the power
and flexibility needed to address both mass markets and a wide
variety of vertical applications.
Formed in 2013, Rockley is uniquely positioned to support
hyper-scale manufacturing and address a multitude of high-volume
markets. Rockley has partnered with numerous Tier-1 customers
across a diverse range of industries to deliver the complex optical
systems required to bring transformational products to market.
To learn more about Rockley, visit rockleyphotonics.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220613005759/en/
For Rockley Photonics Media Debra Raine Rainemakers
Telephone: +1 415-349-7432 Email:
rockley-pr@rainemakers.com
Investors Gwyn Lauber Rockley Photonics Telephone: +1
626-995-0001 Email: investors@rockleyphotonics.com
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