BCA Marketplace plc (LON:BCA) has today announced that the Company’s shares have qualified for inclusion in the FTSE 250, FTSE 350 and FTSE AllShare Indices following its move from a Standard Listing to a Premium Listing on the Official List in October 2017. Inclusion in the indices will be effective on Monday 18 December 2017.
Avril Palmer-Baunack, BCA Marketplace plc Executive Chairman commented: “I am pleased to announce that we will join the FTSE 250, FTSE 350 and FTSE AllShare Indices in December having successfully transferred the shares to a Premium Listing in October. This is another significant milestone for the Company and our shareholders, just three years after the listing of Haversham Holdings on AIM in November 2014. We believe that Index inclusion will provide improved liquidity through access to a wider investor base, supporting our focused strategy of delivering secure and sustainable growth.”
BCA provides a comprehensive range of business services that facilitates the management of vehicles, throughout their lifetime, on behalf of the European automotive sector. Our unique, Pan-European infrastructure, includes large scale vehicle logistics and transportation, de-fleeting and inspection facilities combined with a range of financial, data and online services to support the full spectrum of manufacturers, leasing organisations and automotive dealer groups. Alongside the provision of these services, the Group operates Europe’s largest automotive exchange network, comprising WeBuyAnyCar and established physical, hybrid and digital auctions informed by our proprietary data and analytics providing our customers with the opportunity to maximise residual values and liquidity from their used car assets.