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Unscheduled free-float adjustment of Grammer AG in SDAX

Release date: 09 Aug 2018 | Deutsche Börse

Unscheduled free-float adjustment of Grammer AG in SDAX

Changes to be effective as of 14 August 2018

On Thursday, Deutsche Börse announced an unscheduled change to the SDAX index. Due to acquisition of Grammer AG (DE0005895403) by Jiye Auto Parts GmbH the free float of Grammer AG 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 62.64 percent to 14.19 percent.

These changes will become effective on 14 August 2018.

The next scheduled index review is 5 September 2018.

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