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Subject to the completion of the demerger of Time Inc. (USA) from Time Warner Inc. (USA, Large Cap), FTSE announces the following changes:
| INDEX |
CHANGE |
EFFECTIVE FROM
START OF TRADING |
| FTSE All-World Index |
Time Inc. (USA, BMM2870) will be added to the Large Cap Index with a shares in issue total of 111,875,000* and an investability weighting of 100%.
Time Warner Inc. (USA, B63QTN2), will remain in the index with an unchanged shares in issue total of 895,000,000 and an unchanged investability weighting of 100%. |
09 June 2014 |
| FTSE MPF All-World Index |
Time will be added to the index as detailed above.
Time Warner will remain in the index as detailed above.
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09 June 2014 |
| FTSE World Index Ex-Multinationals |
Time will be added to the index as detailed above.
Time Warner will remain in the index as detailed above. |
09 June 2014 |
| FTSE Global Style Index |
Time will be added to the index as detailed above.
Time Warner Cable will remain in the index as detailed above. |
09 June 2014 |
Effective from the start of trading on 09 June 2014: Time Inc. will have an ICB Classification of 5553 (Broadcasting & Entertainment).
Effective from the start of trading on 11 June 2014: Time Inc. will have an ICB Classification change to 5557 (Publishing).
The Value and Growth rating for Time Inc. within the FTSE Global Style Index Series are as follows: Value: 75, Growth, 25.
*The number of shares is based on the demerger terms of 1 Time Inc. share for every 8 Time Warner Inc. shares held.
For further information or general enquiries please contact us at info@ftse.com or call:
| Client Services in UK: |
Tel: +44 (0) 20 7866 1810 |
| Client Services in Europe, Middle East & Africa: |
Tel: +44 (0) 20 7866 1810 |
| Client Services in US: |
New York: (Domestic) + 1 888 747 FTSE (3873) / (International): +1 212 314 1139 |
| Client Services in Asia Pacific: |
Hong Kong: + 852 2164 3333 Australia:(Domestic Toll-Free) + 1800 653 680 / (International) + 61 (2) 9293 2864 Japan + 81 (3) 3581 2764 |
Alternatively please visit our website at www.ftse.com
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