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The London Stock Exchange Group PLC on Monday unveiled plans to make it easier for international companies to join the FTSE 100 index by reducing the amount of shares that need to be publicly traded. FTSE Russell, which is owned by LSEG, published a consultation into proposals to reduce the free-float requirement - the amount of shares required to be publicly traded - to 10% from 25% for non-UK incorporated companies that are listed in London. If implemented, the move would give international companies the same free-float requirement as British businesses to be included in the blue-chip FTSE 100, the mid-cap FTSE 250, and other FTSE indices. FTSE Russell said a rule change would align the methodologies followed within all other FTSE Russell indices, removing the distinction between local and non-locally incorporated companies in relation to the minimum free float requirement. In addition, by aligning the free float requirements across FTSE Russell’s Index Series, the indices will become ‘more representative of the economic realities of the interest that they seek to measure’, LSEG said. A previous review reduced the threshold for non-UK incorporated companies to 25% from 50%, with the threshold for UK incorporated companies being reduced to 10% from 25%. Those changes were effective at the March 2022 index review. The Financial Times said the latest change would be particularly attractive to upcoming listing candidates, such as Visma, a Norwegian software company considering a €19 billion stock market listing in London, and Uzbekistan state-owned gold producer Navoi Mining & Metallurgical Co, which is targeting a potential $20 billion dual listing in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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