M&A Activity • Feb 14, 2020
M&A Activity
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National Storage Mechanism | Additional information
RNS Number : 1212D
FTSE Russell
14 February 2020
14 February 2020Northgate (UK): Merger with Redde (UK)
Changes in FTSE UK Index Series
Subject to the court sanctioning the scheme of arrangement in relation to the all-share merger of Northgate (UK, constituent) and Redde (UK, constituent), please see details of affected indexes and effective dates below:
| Index | Effective From Start of Trading |
|---|---|
| FTSE SmallCap Index | 21 February 2020 |
| FTSE All-Share Index | 21 February 2020 |
| FTSE All-Share ex Multinationals Index | 21 February 2020 |
| FTSE All-Small Index | 21 February 2020 |
| FTSE AIM UK 50 Index | 21 February 2020 |
| FTSE AIM 100 Index | 21 February 2020 |
| FTSE AIM All-Share Index | 21 February 2020 |
*Expected to be renamed Redde Northgate from completion.
**The number of shares is based on the merger terms of 0.3669 Northgate shares for each Redde share held.
Please note: FTSE Russell will issue a further notice detailing the replacements for Redde within the FTSE AIM UK 50 Index and FTSE AIM 100 Index using closing prices as of Tuesday 18 February 2020.
For further information please contact FTSE Russell Client Services at [email protected] 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
Terms of Use | Copyright © 2020 FTSE Russell
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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