RE: AIM50/10030 Jul 2018 21:53
Sanchez - since we finished at 24.95p today and there are 1.076 Billion shares in issue I make that a market cap of 268.5M GBP.
This puts us at position 81 in the AIM100 (Greencoat is listed in euros so falls below us)
Note rule 6.2.2 :- A security is inserted in the FTSE AIM 100 Index at the quarterly review if it rises to 80th position or above, by full market capitalisation. ( http://www.ftse.com/products/downloads/FTSE_AIM_Index_Series_Rules.pdf?42 )
Note that the previous preamble states:- FTSE Russell will review the FTSE AIM Index Series on a quarterly basis in March, June, September and December each year. The constituent reviews are based on data from the close of
business on the Monday 4 weeks prior to the review effective date.
If we are able to establish what the precise review date is in september then we can work out what level we need to reach and by which Monday in August in order to make it into the AIM100 list this september. We are right on the cusp right now.