Pershing Square Holdings

FTSE Russell announces that the shares in issue figure of 204,691,894 assigned to Pershing Square Holdings (BS7JCJ8, FTSE 250 constituent) at the June 2020 Review included unlisted Management shares.

In order to ensure the correct index composition at the September 2020 FTSE UK Index Series Review (conducted using data as at close on Tuesday 1 September 2020), Pershing Square Holdings' market capitalisation has been calculated using an updated share number of 198,711,866 and has been ranked accordingly.  The updated share number is based on the latest publicly available shares in issue figure as of 8 May 2020 (the cut-off date for share updates which were implemented in line with the June 2020 Review).

Please note that as part of the September 2020 share changes, the shares in issue figure of Pershing Square Holdings will be further reduced to 193,718,342 (effective after market close on Friday 18 September), based on information as of 14 August 2020 (the cut-off date for September 2020 review).