Member Info for maninbag

According to LSEG announcement on 26 May HBR were not going to be included in the FTSE. see https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2026/ftse-uk-series-indicative-review-june-2026

As at close of play tonight HBR is #90 in terms of companies that qualify for inclusion in the FTSE: see https://www.londonstockexchange.com/indices/ftse-350/constituents/table?page=5. On that basis it would automatically qualify.

The rules state: The actual review of the FTSE UK Index Series will be conducted using data as at market close on Tuesday 2nd June 2026. Confirmed rebalance changes will be announced after market close on Wednesday 3rd June 2026.

Might be worth looking @ https://www.londonstockexchange.com/indices/ftse-350/constituents/table?page=5 at close of play on Tuesday, if you don't want to wait until close on Wednesday!

Now found the document: https://www.lseg.com/content/dam/ftse-russell/en_us/documents/ground-rules/ftse-uk-index-series-ground-rules.pdf

see: 8.3.4

(It is on page 20)

Without tempting fate looks like this qtr we should get promoted.

Last qtr on the cut off date we were in the top 100 (94 from memory) - BUT not the top 90 - and there were not enough companies in the FTSE who had fallen below 110.

No doubt Trump will no doubt come up with some new SoH deal just to hack us all off!

Https://www.lse.co.uk/rns/CWR/delta-electronics-centrica-partnership-3fzb5acayq98o5p.html

Seems to be a problem with RNS. Not only here. Neither HL or ii appear to have any feed.

Looks like a few RNS's have started to appear but we are still on page 1 and woud normally have 5/6 by now.

At current market cap they would be #81 in the FTSE.

My understanding of the FTSE Russell rules is that if Harbour are 89th they gain automtic promotion to the FTSE 100.

see :https://www.lseg.com/content/dam/ftse-russell/en_us/documents/ground-rules/ftse-uk-index-series-ground-rules.pdf FTSE UK Index Series, v17.0, January 2026

FTSE Russell 20 of 36

8.3.4 Reviewing companies for the FTSE 100 and FTSE 250

A company will be inserted at the periodic review if it rises above the position stated below:

FTSE 100 – Risen to 90th or above

Can anyone clarify the rules re FTSE admission?

From what I can find the prelininary list was done at close of play on 20 Feb - from memory we were around 106.

Also found someting about the actual figure for market cap being close of play tonight, with decision being made tomorrow and trading of the 'new' FTSE being Wednesday.

Trouble is I can't find where I read it.

PS. Will try and remember to use the 'save' function in future!

Lead story in Bolton Evening News: https://www.theboltonnews.co.uk/news/25848757.strike-called-everton-steel-maker-severfield-bolton/

Last year Trading Update was 25 Feb.

Announcement today was formal confirmation of dividend dates/payments. No mention of Trading Update.

Many thanks to VanVan for the earlier post.

Have now found this on their website, where you can sign up for alerts.

https://investors.ithacaenergy.com/news-events/email-alerts

You can register @

https://www.investormeetcompany.com/register-investor

Https://otp.tools.investis.com/clients/uk/gresham_house_energy_storage_fund_plc2/rns/regulatory-story.aspx?cid=2430&newsid=2021984

Not sure why but this seems to have slipped past a number of the usual news sources.

From the Barclays note of 10 December - when the price was 430p:

"Our price target of 520p values the bank at 8x 2027E PE, an undemanding level which reflects still-subdued valuations for broader UK financials. Indeed, if UK risk premium can continue to normalise, we see our upside case of 650p (equivalent to 10x 2027E PE) as achievable."

Not sure I expected +20% in 3 weeks.

Barclays expects the shares to re-rate over time as the company confirms a strong outlook for earnings with results updates, with additional support from rate cuts and improving liquidity as free float likely increases over time.

Https://citywire.com/investment-trust-insider/news/investors-misinterpreted-us-says-sdcl-energy-ceo-after-steep-sell-off/a2480932

Anyone else 'attend' the meeting?

If so, any thoughts?

Should the new rule not read: based on private notifications from market participants 'NOT' holding more than 0.2% of a company's shares.

How does divi get paid?

Ithaca uses an average of 3 days around a week before. . This rate is published so you know what to look out for.

Does HBR just pay in $ and the broker does the conversion?

Dividend in £ announced as 7.461p per share.

Should get notification of the £ value of the divi today. Past experience suggests early pm.