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Schaeffler AG will be admitted to SDAX

Resource from:  Schaeffler Likes:211
Dec 07,2015
Deutsche Börse AG decided after yesterday’s regular review of the small-cap index to admit Schaeffler AG in the selection index SDAX as of December 21, 2015. In addition to the high transparency requirements of the Prime Standard, the Schaeffler shares thereby also fulfill the relevant index size criteria of market capitalization and liquidity. „We are delighted by this timely admission to the SDAX. After our successful IPO in October 2015, the admission to the index will further raise the interest in our shares and extend our presence in the capital markets,“ said Klaus Rosenfeld, CEO of Schaeffler AG. The shares of Schaeffler AG are traded since October 9, 2015 on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) under the ticker symbol SHA, the German Securities Identification Number (WKN) SHA015 and the International Securities Identification Number (ISIN) DE000SHA0159. The selection index SDAX comprises 50 companies which rank below the companies in the MDAX and fulfil the selection criteria defined by Deutsche Börse. These companies must be listed in the Prime Standard segment and must have a minimum free float of ten percent. The stocks that fulfill these requirements are selected for the index on the basis of two size criteria, market capitalization based on free float and trading volume.
(Schaeffler)
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