- OPAP SA (Greece, SEDOL: 7107250, GICS: Consumer Discretionary, GICS Code: 25301010) will replace San-Paolo IMI SpA (Italy, SEDOL: 5556575, GICS: Financials, GICS Code: 40101010) in the S&P Europe 350, S&P Euro Plus and S&P Euro indices, following the merger of San-Paolo IMI with fellow S&P Europe 350 index constituent, Banca Intesa.
OPAP provides lottery and betting services in Greece. The number of shares outstanding will be 319,000,000 and the Investable Weight Factor will be 0.6563. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Casinos & Gaming 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 Friday 29 December 2006 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | OPAP SA | Consumer Discretionary | Casinos & Gaming |
DELETED | San-Paolo IMI | Financials | Diversified Banks |
- Banca Intesa (Italy, SEDOL: 4076836, GICS: Financials, GICS Code: 40101010) shares will increase to 11,849,117,744 following the issue of new shares to San-Paolo IMI shareholders. The investable weight factor will change to 0.789. The new group will be renamed Intesa SanPaolo.