British Land Co has been relegated from the FTSE 100 index in its latest quarterly shuffle, to be replaced by Coca-Cola Europacific Partners PLC.
The bottling company and beverage distributor for Coca-Cola Co is headed to London’s blue-chip index after its share price climbed 22% in the last twelve months.
Relegated commercial property developed British Land Co will be joined in the FTSE 250 by two new additions, namely London-based bank, broker and asset manager Close Brothers Group PLC and Manchester, England-based online retailer of beauty and nutrition products THG PLC.
Essentra PLC, SThree PLC and John Wood Group PLC will all be deleted from the FTSE 250 index.
FTSE Russell confirmed that all changes from this review will take effect from market open on Monday, March 24.
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FTSE 100 Additions:
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Coca Cola Europacific Partners
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FTSE 100 Deletions:
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British Land
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FTSE 250 Adds:
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British Land
Close Brothers Group
THG
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FTSE 250 Deletes:
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Essentra
SThree
John Wood Group
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