UK Landlord to Join FTSE 100 Index as Ocado Ends Six-Year Stay
- LondonMetric is promoted to gauge with Darktrace and Vistry
- Ocado drops out of UK benchmark for first time since 2018
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LondonMetric Property Plc will join the FTSE 100 Index in a reshuffle that pushes Ocado Group Plc out of Britain’s blue-chip gauge for the first time in six years.
With a market capitalization of £4.2 billion ($5.4 billion), LondonMetric joins cybersecurity firm Darktrace Plc and homebuilder Vistry Group Plc in being promoted to the benchmark, index compiler FTSE Russell said Wednesday.