Burberry Group PLC and Metlen Energy & Metals PLC have been promoted to the FTSE 100 in its latest quarterly shuffle, with Taylor Wimpey PLC and Unite Group PLC relegated from the benchmark index.
London-based fashion house Burberry has seen its share price nearly double in the last 12 months. Shares in Athens-based renewables and aluminium producer Metlen have risen 9.5% since its London-debut in early August.
Metlen began trading on the London Main Market last month. It had initially expected to join the FTSE UK index series in September.
Relegated from the FTSE 250 is Housebuilder Taylor Wimpey, alongside owner and operator of student accommodation Unite Group.
Additions to the FTSE 250 include closed-ended investment company Biopharma Credit PLC, textile services provider Johnson Service Group PLC and Oakley Capital Investments Ltd which provides access to private equity funds managed by investment adviser Oakley Capital Ltd.
Also joining the FTSE 250 are gene and cell therapy developer Oxford BioMedica PLC and Partners Group Private Equity Ltd.
Firms to exit the FTSE 250 are online retailer Asos PLC, auction market operator Auction Technology Group PLC, Bloomsbury Publishing PLC and housebuilder Crest Nicholson Holdings PLC.
Solar investor NextEnergy Solar Fund Ltd and financial sector investor Polar Capital Global Financials Trust PLC will also leave the index.
All changes will take effect from the start of trading on September 22.
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