TIDMPRU

RNS Number : 6913N

FTSE Russell

25 September 2019

Prudential (UK): Demerger of M&G (UK)

Informative Notice

25 September 2019

 
 FTSE Russell notes the demerger of M&G (UK, BKFB1C6) by Prudential (UK, 0709954, GEIS Large 
  Cap, FTSE 100) on a one for one basis, and the subsequent listing of M&G on the Premium Segment 
  of the London Stock Exchange. 
  Subject to regulatory approval and based on the current timetable, FTSE Russell anticipates 
  the following treatment: 
  Monday 21 October 2019 (from market open): 
  Prudential will trade ex-entitlement. M&G will be added to the same indexes as Prudential 
  (including the FTSE 100) based on the demerger terms and at an estimated open price. A price 
  adjustment will be applied to Prudential by way of a capital repayment. There will be no index 
  divisor changes as a result. 
  Monday 21 October 2019 (at market close): 
  For the impacted indexes which have a fixed number of constituents (i.e. FTSE UK, FTSEurofirst, 
  and the FTSE4Good Index Series) the applicable indexes will be ranked based on the closing 
  prices on Monday 21 October, with the lowest ranked constituent removed in accordance with 
  the standard notice requirements for each Index Series. 
  Further notices will be published to confirm membership changes. 
  Wednesday 23 October 2019 (from market open): 
  FTSE UK Index Series & FTSEurofirst Index Series: The index changes as a result of the ranking 
  process (as notified prior) will become effective. 
  Thursday 24 October 2019 (from market open): 
  FTSE4Good Index Series: The index changes as a result of the ranking process (as notified 
  prior) will become effective. 
 
 
 
 
 
 For further information please contact FTSE Russell Client Services at info@ftserussell.com 
                             or call: Australia    +1800 653 680 
                                  Hong Kong    +852 2164 3333 
                                 Japan        +81 3 4563 6346 
                               London       +44 (0) 20 7866 1810 
                                  New York     +1866 551 0617 
 
                Alternatively please visit our website at www.ftserussell.com 
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END

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September 25, 2019 12:30 ET (16:30 GMT)

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