Following the official result of the takeover bid by the French company Cap Gemini (France) (Next 100) for the French company Transiciel (Next 150), Transiciel will be removed from the Next 150 Index effective Tuesday 23 December 2003.
In accordance with the rules of the Next 150 Index the removed company will not be replaced immediately, but at the next quarterly review (effective 2 January 2004). As of Tuesday 23 December 2003, the Next 150 Index will consist of 148 companies.
Effect on the review results, effective date 2 January 2004
As a result of the takeover of Transiciel by Cap Gemini (France), the French company Cerep, initially to be removed from the index as of 2 January 2004, will continue to be included in the Next 150 Index as of 2 January 2004.
Information/Isin codes
Information about Transiciel:
Isin code: FR0000062713
Mkt cap: 223 million Euro
Shares: 18,829,662
Index: removed from Next 150 Index effective Tuesday 23 December 2003
Information/Isin codes
Information about Cerep:
Isin code: FR0004042232
Mkt cap: 105 million Euro
Shares: 11,957,475
Index: Next 150 Index
The Euronext 100 Index and Next 150 Index have been published since 2 October 2000. They are made up of the 250 securities with the highest market capitalisations traded on the official markets of Euronext. In order to be included in the indices the securities must meet liquidity criteria that are specified in the rules of the indices. Euronext Indices B.V. is the compiler of the indices under the supervision of the independent Euronext Indices Steering Committee.
