- Novozymes AB – B Shares (Denmark, SEDOL: 4658535, GICS: Materials, GICS Code: 15101050) will replace Numico NV (Netherlands, SEDOL: B01YC48, GICS: Consumer Staples, GICS Code: 30202030) in the S&P Europe 350 and S&P Euro Plus indices. Numico NV will be deleted from the S&P Europe 350, S&P Euro Plus and S&P Euro indices, following the offer from Groupe Danone, which has been declared unconditional. The consortium will hold approx 90% of Numico NV’s share capital following settlement.
Novozymes AB researches, develops and sells enzymes for industrial use. The number of shares outstanding will be 65,000,000 and the Investable Weight Factor will be 0.695. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Specialty Chemicals sub industry.
Following is a summary of the announced addition and deletion:
S&P Europe 350, S&P Euro Plus and S&P Euro– close of trading 05 November 2007: | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Novozymes AB – B Shares | Materials | Specialty Chemicals |
DELETED | Numico NV | Consumer Staples | Packaged Foods & Meats |