Based on the outcome of today’s meeting of the Working Committee for Equity Indices Deutsche Börse has decided that Norma Group AG and GSW Immobilien AG will be included in SDAX and that Colonia Real Estate AG and Homag Group AG are to leave SDAX. This change will take effect on 20 June 2011. The next regular index review will be held on 5 September 2011.
Due to the successful takeover offer of Engine Holding GmbH for Tognum AG its free-float in MDAX declines from 75 to 40.13 percent. The adjustment becomes effective as of 9 June.
The Working Committee for Equity Indices today also independently discussed the treatment of the merger of Deutsche Börse and NYSE Euronext. Following thorough considerations, the committee decided to replace the share of Deutsche Börse AG (ISIN DE0005810055) with the tendered shares (ISIN DE00A1KRND6) provided an acceptance threshold of at least 50 percent is reached by the end of the initial tender period or at any time throughout the extended period with two trading days notice. With achieving this threshold the then larger share class is included in the DAX index in accordance with the index rulebook.
After closing or failure of the transaction the tendered share will be replaced by the share of the new company or the old Deutsche Börse share respectively provided the new company fulfils the criteria for inclusion in the DAX index. This process ensures that the relevant criteria of index continuity and tradability are upheld.
Deutsche Börse follows the independent decision of the Working Committee for Equity Indices and will implement the adjustments as decided.
Please go to www.dax-indices.com for further information.
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