FTSE foreign applicants are half their shares

The changes will not retrospectively imposed on indices and none of the current FTSE 100 companies fall into this category.

However, it could affect prospective firms large Russian commodities, such as the Siberian Coal Energy Company Metalloinvest and polymetallic floats.

Of the existing rules, administration administration list UK requests at least 25pc of companies are floated, whereas previously new selected FTSE sale if no there is no shareholder control or group of controlling shareholders.

However, with often opaque ownership structures, FTSE has decided that the only way to make sure that no party control secretly has undue influence must insist on the fact that more than half of the shares can be traded on the open market.

Only five of the FTSE 100 are incorporated outside of the United Kingdom: Experian, resolution of County resources Rangold and WPP.

There are many companies in the FTSE 100 with operations abroad mainly and low proportions of shares freely floated.Cependant, they are all incorporated in London and would be prevented from entering the index if they float today.

Kazakhmys, mining giant, floating 10pc of its 5.3 £ 3 market value when it appears in 2005, although it increases later in mining Kazakh colleague 33pc.Société ENRC float only 21pc .the social capital ' administration list UK exempt ENRC when it appears in London in 2007.

Fresnillo de l'Energie Essar are two other foreign giants focused on natural resources with low proportions of shares on the market.

Blue chip reference index of Great Britain is home to a growing number of foreign companies seeking capital in the city of London, without having any other connections to the United Kingdom.

These firms affected by the change of rule are any company hoping to find a home on the FTSE 100, 250 and actions.


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