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In Money Matters

Just Eat leaves FTSE 100 index

22nd October 2019 David Stevenson

Just Eat leaves FTSE 100 index Pin It

Meal deliverer Just Eat loses his place in the British stock market meter FTSE 100. This was announced by stock market operator FTSE Russell. The company is relegated to the FTSE 250 index.

Insurer Prudential remains in the FTSE 100 index, while the split-off European M&G branch is also listed there. Sirius Minerals relegates among medium-sized FTSE funds. The changes will take effect on October 23.

Just Eat is the intended merger partner of the Dutch company Takeaway. If that deal goes ahead, Just Eat Takeaway.com will be based in Amsterdam, but will take over the listing of Just Eat on the London stock exchange. The listing of Takeaway in Amsterdam is being canceled “as soon as possible”, as was announced earlier.

Takeaway announced on Tuesday that an extraordinary shareholders’ meeting will be held on December 4 about the transaction with Just Eat. The prospectus regarding the deal has also been made available to shareholders.

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