Unscheduled free float adjustment of Axel Springer SE in MDAX

Release date: 08 Aug 2019 | Deutsche Börse

Unscheduled free float adjustment of Axel Springer SE in MDAX

Changes to be effective as of 13 August 2019

On Thursday, Deutsche Börse announced an unscheduled change to the MDAX index. Due to the acquisition of Axel Springer SE (DE0005501357) by Traviata II S.à.r.l. the free float of Axel Springer changed by more than 10 percentage points. According to the Guide to the Equity Indices of Deutsche Börse AG, section 5.1.5., the company’s free float will be adjusted in the index from the current 48.16 percent to 19.35 percent. 

These changes will become effective on 13 August 2019. 

The next scheduled index review is 4 September 2019. 

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