The index company also announced that it was moving five firms from the mid-cap FTSE 250 to the FTSE SmallCap and replacing the FTSE 250 deletions with five other firms.
According to a FTSE news release, deletions from the large-cap, blue-chip FTSE 100 include:
- Royal & Sun Alliance
- British Airways
They will be replaced by:
- Kelda Group
- Foreign & Colonial Investment Trust
- Provident Financial
- Cable & Wireless.
FTSE also announced that it was dropping from the mid-cap FTSE 250 and adding to FTSE SmallCap
- Kingston Communications
- Corus Group
- Expro International Group
- Game Group.
The new additions to the FTSE 250 are:
- Paladin Resources
- Crest Nicholson
- Headlam Group
- Perpetual Income & Growth Investment Company.
Changes to the FTSE UK Index Series will be implemented after the close of business on March 21, 2003.