# EnQuest to Join FTSE 250 Index as Harworth Group Exits Following Takeover

- URL: https://stocks.freetheai.org/news/enquest-to-join-ftse-250-index-as-harworth-group-exits-following-takeover-0acdb3
- Published: 2026-10-15T17:00:00Z
- Category: markets; sentiment: neutral; impact: medium
- Symbols: [FTSE:MCX](https://stocks.freetheai.org/symbols/FTSE-MCX)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
- How write-ups are made: https://stocks.freetheai.org/how-we-write
- Not financial advice: https://stocks.freetheai.org/disclaimer

Harworth Group PLC (BYZJ7G4) will be deleted from the FTSE 250 Index following a takeover bid by Peel Holdings Group Limited. Peel Holdings declared its cash offer unconditional after securing a stake in excess of 75% in the real estate business.

To replace Harworth Group, energy producer EnQuest PLC (B635TG2) will be added to the FTSE 250 Index and removed from the FTSE SmallCap Index. Benchmark changes of this nature often trigger portfolio adjustments by institutional investors and tracking funds.

All index membership modifications are scheduled to become effective on October 20, 2026. Market participants will watch for potential trading volume changes in affected securities leading up to the effective date.

## Key points

- Harworth Group PLC will be removed from the FTSE 250 Index.
- Peel Holdings Group Limited acquired more than 75% of Harworth Group in an unconditional cash offer.
- EnQuest PLC will be added to the FTSE 250 Index and removed from the FTSE SmallCap Index.
- All constituent changes take effect on October 20, 2026.

## Questions and answers

### Why is Harworth Group being removed from the FTSE 250?

Harworth Group is being removed after Peel Holdings Group Limited acquired over 75% of its shares in a cash offer that was declared unconditional.

### Which company is replacing Harworth Group in the FTSE 250 Index?

EnQuest PLC is joining the FTSE 250 Index to fill the slot, moving up from the FTSE SmallCap Index.

### When do these FTSE 250 index changes take effect?

The constituent changes for both Harworth Group and EnQuest will take effect on October 20, 2026.