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UK's Ashtead bottoms FTSE100 on profit warning; proposes moving to US listing



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** Ashtead AHT.L slips 7.5% at 5,798p; biggest loser on FTSE 100 index .FTSE

** British equipment rental firm proposes to move primary listing to U.S.

** Co warns of lower full year profit, hurt by weak commercial construction market in the U.S., its largest market

** Posts HY pre-tax profit of $1.26 bln, slightly below company-compiled analysts' consensus estimate of $1.29 bln

** Launches $1.5 bln share buyback plan

** AHT up ~6% YTD



Reporting by Yamini Kalia in Bengaluru

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