- SAP preferred shares (Germany, SEDOL 4846868) will be deleted from the S&P Europe 350, S&P Euro and S&P Euro Plus indices following the mandatory conversion of preferred shares into common shares.
- Assa Abloy AB 'B' (Sweden, SEDOL 5698789) will replace SAP ? preferred shares in the S&P Europe 350 and S&P Euro Plus Indices. The shares outstanding will be 333,887,000. The investable weight factor will be 0.8386. Assa Abloy designs and manufactures security locks. It will be added to the S&P Industrials sector.
- SAP common shares (Germany, SEDOL 4846288) will increase by 131,714,655 shares to 314,714,655 due to the mandatory conversion. Simultaneously, SAP's Investable Weight Factor will also be changed to 0.611 from 0.35.
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The S&P Europe 350 Index, part of the S&P Global 1200, measures the performance of equities in 15 Pan-European markets, covering approximately 70 percent of the market capitalization. It has three sub-indices: the S&P Euro, covering ten markets in the Euro zone; the S&P Euro Plus which adds four countries (Denmark, Norway, Sweden, and Switzerland); and the S&P United Kingdom. The S&P Europe 350 and its sub-indices represent the sectoral composition of the market yet maintain a reasonable balance across national markets.
