Unscheduled free float adjustment for Drillisch AG in TecDAX

Release date: 11 Sep 2017 | Deutsche Börse

Unscheduled free float adjustment for Drillisch AG in TecDAX

Changes to be effective as of 14 September 2017

On Monday, Deutsche Börse announced an unscheduled change to the TecDAX Index. Due to the completion of the overall transaction of Drillisch AG and United Internet AG, United Internet AG’s stake in Drillisch AG increased to more than 61.06 percent. Therefore, the free float of Drillisch AG changed by more than 10 percentage points.

According to the Guide to the Equity Indices of Deutsche Börse AG, section 5.1.5 Extraordinary Free Float Adjustments, the company’s free float will be adjusted in the index from the current 70.14 percent to 38.94 percent. These changes will become effective on 14 September 2017.

The next scheduled index review is 5 December 2017.

The TecDAX® index tracks the 30 biggest and most actively traded listed companies after the DAX from the technology sectors and is a registered trademark of Deutsche Börse AG.

For more information on the DAX indices, please visit www.dax-indices.com.

About Deutsche Börse – Market Data + Services

Deutsche Börse is one of the world’s leading data and technology service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire value chain from trading, through clearing, to settlement and securities custody. Deutsche Börse Market Data + Services is part of the Group's IT & Operations, Data & New Asset Classes division and encompasses its extensive market data offering and external technology and connectivity services. The product and service range includes real-time and historical data from the Group's trading venues Eurex and Xetra as well as from cooperation partners. It also includes reference data for more than 1,000,000 securities, more than 11,000 indices including the STOXX and DAX index families, superior capital market infrastructure, and reliable connectivity services.

Further information