- Tele2 AB B (Sweden, SEDOL: B085590 GICS: Telecommunication Services, GICS Code: 50101020) will replace Taylor Wimpey (United Kingdom, SEDOL: 0878230, GICS: Consumer Discretionary, GICS Code: 25201030) in the S&P Europe 350 and S&P Euro Plus indices. Taylor Wimpey is being deleted from the S&P Europe 350 and S&P United Kingdom indices following a sustained drop in market capitalization.
Tele2 AB B is a telecommunications operator. The number of shares outstanding will be 406,678,000 and the Investable Weight Factor will be 0.755. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Integrated Telecommunication Services sub-industry.
- Alfa Laval AB (Sweden, SEDOL: 7332687 GICS: Industrials, GICS Code: 20106020) will replace Trinity Minor (United Kingdom, SEDOL: 0903994, GICS: Consumer Discretionary, GICS Code: 25401040) in the S&P Europe 350 and S&P Euro Plus. Trinity Minor is being deleted from the S&P Europe 350 and S&P United Kingdom indices following a sustained drop in market capitalization.
Alfa Laval AB provides specialised products and engineered solutions. The number of shares outstanding will be 429,393,000 and the Investable Weight Factor will be 0.8161. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Industrial Machinery sub-industry.
- K&S AG (Germany, SEDOL: 5761625, GICS: Materials, GICS Code: 15101030) will replace Continental AG (Germany, SEDOL: 4598589, GICS: Consumer Discretionary, GICS Code: 25101020) in the S&P Europe 350, S&P Euro Plus and S&P Euro indices. Continental AG is being deleted from the S&P Europe 350, S&P Euro Plus and S&P Euro indices following the takeover offer from Schaeffler Group.
K&S AG is a supplier of specialty and standard fertilizers, plant care and salt products. The number of shares outstanding will be 165,000,000 and the Investable Weight Factor will be 0.8242. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Fertilizers & Agricultural Chemicals sub-industry.
- Carlsberg AS B (Denmark, SEDOL: 4169219, GICS: Consumer Staples, GICS Code: 30201010) will replace Altana AG (Germany, SEDOL: 5273131, GICS: Materials, GICS Code: 15101050) in the S&P Europe 350, S&P Euro Plus and S&P Euro indices. Altana AG is being deleted from the S&P Europe 350, S&P Euro Plus and S&P Euro indices following the takeover offer from Skion.
Carlsberg AS B principal activities are the production, sale and distribution of beer. The number of shares outstanding will be 118,858,000 and the Investable Weight Factor will be 0.5952. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Brewers sub-industry.
Following is a summary of the announced additions and deletions:
| S&P Europe 350, S&P
Euro Plus, S&P Euro and |
|||
| COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
| ADDED | Tele2 AB B | Telecommunication Services | Integrated Telecommunication Services |
| ADDED | Alfa Laval AB | Industrials | Industrial Machinery |
| ADDED | K&S AG | Materials | Fertilizers & Agricultural Chemicals |
| ADDED | Consumer Staples | Brewers | |
| DELETED | Taylor Wimpey | Consumer Discretionary | Homebuilding |
| DELETED | Trinity Minor | Consumer Discretionary | Publishing |
| DELETED | Continental AG | Consumer Discretionary | Tires & Rubber |
| DELETED | Altana AG | Materials | Specialty Chemicals |
