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Home REIT to join FTSE 250 as Vivo Energy departs

Wed, 20th Jul 2022 21:19

(Alliance News) - Vivo Energy PLC will leave the FTSE 250 index, as Home REIT PLC will join the index and be deleted from the FTSE SmallCap Index, FTSE Russell said on Wednesday.

Home REIT is a London-based homeless accommodation investor, managed by Alvarium Fund Managers.

It joins Harbour Energy PLC, which will be included in the index from Thursday, having recently been demoted from the FTSE 100 to make space for GSK PLC spin-off Haleon PLC.

Vivo Energy sells fuel and lubricants under Shell and Engen brands in 23 African countries.

The changes will take effect from Monday.

By Elizabeth Winter; elizabethwinter@alliancenews.com

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