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Polymetal International PLC and EVRAZ plc to Be Replaced by Persimmon PLC and Travis Perkins PLC at FTSE 100-Interfax

Thursday, 13 Jun 2013 02:02am EDT 

Interfax reported that Polymetal International PLC (Polymetal) and EVRAZ plc (Evraz) have been excluded from the FTSE 100 index as the result of a quarterly review, the London Stock Exchange said. Reports have said this was due to a sharp decline in the value of the companies' share price in recent months. Polymetal and Evraz were included in the FTSE 100 in 2011. They will be replaced by construction firm Persimmon PLC and building materials producer Travis Perkins PLC. The changes take effect on June 24. Polymetal and Evraz will now join the FTSE 250 with free floats of respectively 34% and 51%. 

Company Quote

10.5 +1.90%
11:39am EDT