press release 1 June 2017 Hikma Pharmaceuticals and Intu Properties relegated from FTSE 100 Ian Forrest, investment research analyst at The Share Centre, comments on the winners and losers of the latest FTSE reshuffle: ‚As we rightly predicted, FTSE Russell, the global index provider, has officially confirmed that the smallest pharmaceutical company in the FTSE 100, Hikma Pharmaceuticals and large shopping centre investor Intu Properties have been demoted from the FTSE 100. ‚Hikma Pharmaceuticals shares have been dropping off in the group of late after it emerged that the company was unlikely to receive US regulatory approval for a generic drug for asthma this year, with further data submissions needed before approval. Combine this with the impact of the recent devaluation of the Egyptian pound and the high scrutiny its management are under for failing to carry out proper due diligence for the acquisition of West Ward Columbus, it is unsurprising to see the group in this predicament. ‚Intu Properties, which is a real estate investment trust (REIT) has, like many of its peers, seen its shares underperform in recent months due to concerns about the impact of Brexit on the UK economy and retail sales. The group did beat market expectations with its full year results in February and said it was confident of achieving an increase in net rental income in 2017 despite what is likely to be a challenging business environment. Nevertheless, the consensus forecasts for earnings and dividend growth are uninspiring. ‚These relegations do pave the way for two exciting entrants to the FTSE 100. First is G4S, the world’s leading security solutions group, which has secured its return to the the index. With operations in over 110 countries, the firm specialises in outsourcing business processes in sectors where security and safety risks are considered a strategic threat. Property company Segro will also be added to the FTSE 100 index. The group develops and manages warehouse and industrial properties located on the edge of major urban conurbations in the UK and Europe. It has benefited from the rise in online retailing and the accompanying need for more warehousing around the country. ‚Investors should note that the changes outlined above will come into effect from 19 June 2017.‛ ---Ends--- Note to editors: Companies promoted to the FTSE 100 Company Current share High over Low over P/E ratio and price past year past year yield G4S 325 329 145 17.6, 2.9% Segro 507 508 317 26.4, 3.2% Companies relegated from the FTSE 100 Company Current share High over Low over P/E ratio and price past year past year yield Hikma 1704 2703 1573 18.7, 1.5% Pharmaceuticals Intu Properties 274 320 255 18.1, 5.2% For further information please contact: The Share Centre Joe Dumont Sophie Hobart Isobel Shea Head of Corporate Communications PR Executive Corporate Communications Coordinator 01296 439 426 01296 439 129 01296 439 435 [email protected] [email protected] [email protected] Teamspirit PR Adam Smith Kate Cunningham Leanne Tsang Associate Director Senior Account Manager Account Manager 020 7360 7816 020 7864 4138 020 7360 7856 [email protected] [email protected] [email protected] To view all our press releases and more from our investment advisers please go to blog.share.com 2017 Best Online Stockbroker - ADVFN International Financial Awards Self Select ISA Provider of the Year - ADVFN International Financial Awards 2016 Best Execution-Only Broker – Shares Magazine Highest Overall Client Satisfaction award - Investment Trends Best Customer Service – Investment Trends Best Stockbroker – Online Personal Wealth Awards Best Customer Service – Online Personal Wealth Awards Best for Fund/Stock Pickers – The Lang Cat Direct Platform Awards Best Online Stockbroker - ADVFN International Financial Awards 2015 Best Customer Service – Shares Magazine Best Online Stockbroker – Personal Finance Awards Highest Overall Client Satisfaction award - Investment Trends Best Customer Service – Investment Trends Best Customer Service – Online Personal Wealth Awards Best Stockbroker – Online Personal Wealth Awards Self Select ISA Provider of the Year - ADVFN International Financial Awards Best Online Stockbroker - ADVFN International Financial Awards Risk Warnings: Investing in general, and the products and services mentioned above may not be suitable for all: if in doubt, individuals should seek independent financial advice. 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