- SSAB-Svenskt Stal A shares (not B shares as previously announced) (Sweden, SEDOL: B17H0S8 GICS: Materials, GICS Code: 15104050) will replace MLP AG (Germany, SEDOL: 5720273, GICS: Financials, GICS Code: 40203010) in the S&P Europe, S&P Euro Plus and S&P Global 1200 indices. MLP AG is being deleted from the S&P Europe 350, S&P Euro Plus and S&P Euro indices following a sustained drop in market capitalization.
SSAB-Svenskt Stal is a steel producer. The number of shares outstanding will be 240,766,000 and the Investable Weight Factor will be 0.8223. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Steel sub-industry.
All other changes are as announced.
Following is a summary of the announced additions and deletions:
S&P Europe 350, S&P Euro Plus, S&P Euro and S&P Global 1200 close of trading 21 December 2007: | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | SSAB-Svenskt Stal A | Materials | Steel |
DELETED | MLP AG | Financials | Asset Management & Custody Banks |