Deutsche Börse announces Unscheduled adjustment in DAX

Deutsche Börse announced an unscheduled change to DAX. As a result of the expected merger of Deutsche Börse AG and London Stock Exchange plc, the Deutsche Börse AG current share class (ISIN DE0005810055) in the index will be replaced with the tendered share class of Deutsche Börse AG (ISIN DE000A2AA253). These changes will become effective on 18 July 2016.

According to the Guide to the Equity Indices of Deutsche Börse, this index change is implemented with two trading days notice once an acceptance threshold of at least 50 percent is reached. The number of shares and the free float factor are set to be equal to the values of the current share class in the indices.

The next scheduled index review is 5 September 2016.

Read Also: