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Finncap Group (UK) and Cenkos Securities (UK) are undertaking an all-share merger, subject to court sanctioning the scheme of arrangement. The merger terms involve an exchange of 3.19420647 new Finncap shares for each Cenkos Securities share. Changes to the FTSE AIM All-Share Index are effective from the start of trading on 07 September 2023.
| Date | 1 Sept 2023 |
| Time | 18:00:01 |
| Category | Miscellaneous |
| ID | 1798L |
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Finncap Group (UK): Merger with Cenkos Securities (UK)
Changes in FTSE UK Index Series
01 September 2023
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Subject to court sanctioning the scheme of arrangement in relation to the all-share merger between Finncap Group (UK, constituent) and Cenkos Securities (UK, constituent), please see details of affected indexes and effective dates below:
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Index |
Effective From |
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FTSE AIM All-Share Index |
07 September 2023 |
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*The number of shares is based on the merger terms of 3.19420647 new Finncap shares for each Cenkos Securities share held.
Please note: Following the completion of the merger Finncap Group is expected to be renamed Cavendish Financial.
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