IN BRIEF: Jet2 set for FTSE 250 index as moves to London Main Market
Jet2 PLC - Leeds, England-based holiday airline and tour operator - Jet2 says the transfer of its share listing to the London Main Market from AIM will take place on December 8. At the time of announcing the change in trading venue back in September, Jet2 said only that it would take place before the end of its current financial year in March. The Main Market listing will make Jet2 eligible for inclusion in FTSE UK indices, and Jet2 on Tuesday says it expects to be included in the mid-cap FTSE 250 index. The next quarterly index review is on December 2, just before Jet2's transfer, followed by a review in March. Jet2 claims to be the UK's leading provider of package holidays and its third largest airline. It has a GBP2.83 billion market capitalisation. Peer easyJet PLC will be leaving the FTSE 100 index when its takeover by funds managed by Apollo Global Management Inc in the first quarter of next year. Read More