Euronext Indices B.V. wishes to emphasise that this selection simply provides an indication of the reweighting on the first day of trading in March 2001, and may be affected by mergers, acquisitions, changes to the free float, etc. The definitive selection will be announced at the end of January 2001.
The effective turnover of some companies (those admitted to listing at Euronext Amsterdam in 2000) has been extrapolated and does not include the effective turnover achieved during the first 20 days of trading, thereby cancelling out the 'introduction effect'. In order to qualify for inclusion in an index, these companies must have been listed for at least 80 trading days in 2000.
Euronext Indices B.V. calculated the free float on the basis of its own data, information gleaned from public sources and data made available by virtue of the Disclosure of Major Holdings in Listed Companies Act (WMZ). It also contacted the companies that qualified for inclusion on the basis of the provisional selection of 24 November 2000 in order to establish their free float. After comparing the information, it calculated each company’s free float and then rounded each percentage up in accordance with the banding system laid down in the rules and regulations.
Free-float percentages used as a selection criterion are calculated exclusively on the basis of shares of the kind that qualify for inclusion in the indices and which are listed at Euronext Amsterdam. Companies must have a free-float percentage of at least 25% in order to qualify for inclusion in the index. Companies with a lower free-float percentage still qualify for inclusion in:
- the AEX index if they rank among the 25 companies with the highest free-float adjusted market capitalisation;
- the Amsterdam Midkap index if they rank among the 50 companies with the highest free-float adjusted market capitalisation.
AEX index®
Amsterdam Midkap index®