Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Provisional Selections For The AEX-index® And The Amsterdam Midkap index®

Date 18/01/2001

Euronext Indices B.V. has made a provisional selection of companies for inclusion in the AEX index® and the Amsterdam Midkap index® (AMX) on the basis of the very latest data.

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.
The weighting of each company is determined on the basis of shares that are available for trading (market capitalisation adjusted to the free float in accordance with the banding system laid down in the rules and regulations) and that are listed at Euronext Amsterdam. The following selection has been made on the basis of the current data.

AEX index®

  • KPNQwest, Versatel and Buhrmann will be included in the AEX index®.
  • Vendex KBB and Corus will be removed from the AEX index®.
Amsterdam Midkap index®
  • Vendex KBB, Corus, ASM International, Landis Group, BE Semiconductor, PinkRoccade, Draka Holding and Unit 4 will be included in the Amsterdam Midkap index®.
  • Versatel, Buhrmann, Cap Gemini SA, Internatio-Müller, Volker Wessels Stevin and Stork will be removed from the Amsterdam Midkap index®.