The lists some of the UK’s biggest companies. Yet there are some huge London-listed growth stocks that aren’t on the index. That’s because specific listing rules make it impossible for certain stocks to join.
Some reasons why include being incorporated abroad, lacking liquidity, or being denominated in another currency. However, a recent shake-up of the rules means some previously unwelcome stocks now have a chance to join the . One specific change is the merging of standard and premium listings into a single category.
Previously, standard listings were not eligible as they didn’t comply with the higher standards of the UK Corporate Governance Code. In July, the Financial Conduct Authority (FCA) eased the rules in an attempt to reinvigorate the UK stock market. Subsequently, a massive £28.
6bn company that’s been on the (LSE) since 2019 might soon join the FTSE 100. Coca-Cola Europacific ( ) manufactures and distributes and other drinks that fall under the brand, such as , , and . Besides the UK, it operates in a further 30 countries in Europe and Asia Pacific, including France, Germany, Australia, and Indonesia.
In October, the company announced it would transfer its UK listing to the new Equity Shares (Commercial Companies) category, making it eligible for the FTSE 100 during the December review. If everything goes ahead as planned, it’s expected to join the index in March 2025. The stock’s currently traded in euros at a price of around €73 per share.
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