Close Menu
    What's Hot

    CBN Floats OMO Bills Auction, Raises N1.7trn

    April 28, 2026

    Exchange Rate Falls to N1,380/$ as Naira Sold Off

    April 28, 2026

    Magnus Abe Resumes as NUPRC Board Chairman

    April 28, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, April 29
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - Global Market - FTSE Russell Lowers Free Float for Non-UK Incorporated Companies
    Global Market

    FTSE Russell Lowers Free Float for Non-UK Incorporated Companies

    Folasade OlugbadeBy Folasade OlugbadeMarch 30, 2026Updated:March 30, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Ftse Russell Lowers Free Float For Non-Uk Incorporated Companies
    Share
    Facebook Twitter Pinterest Email Copy Link

    FTSE Russell Lowers Free Float for Non-UK Incorporated Companies

    FTSE Russell, the global index provider, today announces the alignment of the minimum free float requirement for both UK-incorporated and non-UK-incorporated companies within the FTSE UK Index Series.

    In an official statement, the index provider said,  “Taking effect from the June 2026 index review, both UK and non-UK incorporated companies with a minimum free float of 10% will be eligible for inclusion to the FTSE UK Index Series, subject to satisfying all other inclusion criteria.

    The current minimum free float requirement for non-UK incorporated companies is 25%.

    The rule change removes the distinction between UK- and non-UK-incorporated companies regarding the minimum free float requirement.

    It is intended to make the indices more representative of the real economic exposure they are designed to measure, with the requirement aligning with the London Stock Exchange Main Market minimum free float requirement for all companies.

    David Sol, Global Head of Policy at FTSE Russell, said, “We regularly review our index methodologies to ensure they continue to reflect the markets they are designed to track.

    “Following a recent market consultation, we are aligning the minimum free float requirement for UK and non-UK incorporated companies. While we do not expect any immediate impact on index constituents, this change aims to strengthen how accurately the indices reflect the UK market.”

    MTN Group Appoints New Board Members

    FTSE UK
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Folasade Olugbade
    • Website

    Related Posts

    News

    CBN Floats OMO Bills Auction, Raises N1.7trn

    April 28, 2026
    FX Market

    Exchange Rate Falls to N1,380/$ as Naira Sold Off

    April 28, 2026
    News

    Magnus Abe Resumes as NUPRC Board Chairman

    April 28, 2026
    News

    NGX Tops N147trn as Bua, Aradel Rally, Investors Gain N3.3trn

    April 28, 2026
    News

    UK-Nigeria Tech Hub Launches Creative Fund, Opens Application

    April 28, 2026
    News

    UAE to Exit Oil Cartel OPEC, OPEC+ from May 1

    April 28, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    CBN Floats OMO Bills Auction, Raises N1.7trn

    April 28, 2026

    Exchange Rate Falls to N1,380/$ as Naira Sold Off

    April 28, 2026

    Magnus Abe Resumes as NUPRC Board Chairman

    April 28, 2026

    NGX Tops N147trn as Bua, Aradel Rally, Investors Gain N3.3trn

    April 28, 2026
    Latest Posts

    CBN Floats OMO Bills Auction, Raises N1.7trn

    April 28, 2026

    Exchange Rate Falls to N1,380/$ as Naira Sold Off

    April 28, 2026

    Magnus Abe Resumes as NUPRC Board Chairman

    April 28, 2026

    NGX Tops N147trn as Bua, Aradel Rally, Investors Gain N3.3trn

    April 28, 2026

    UK-Nigeria Tech Hub Launches Creative Fund, Opens Application

    April 28, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    CBN Floats OMO Bills Auction, Raises N1.7trn

    April 28, 2026

    Exchange Rate Falls to N1,380/$ as Naira Sold Off

    April 28, 2026

    Magnus Abe Resumes as NUPRC Board Chairman

    April 28, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.