by Qontigo
Zug (27 April, 2020) – On Monday, Qontigo’s global index provider STOXX Ltd. announced unscheduled changes to the SDAX index and TecDAX index. Due to the takeover of RIB Software SE (DE000A0Z2XN6) by Schneider Electric SE (FR0000121972) the free float of RIB Software SE falls below 10 percent. According to the Guide to the DAX Equity Indices, section 5.1.5. Adjustments in the Case of Mergers and Acquisitions, RIB Software SE shares will be deleted from SDAX and TecDAX. They will be replaced by Stratec SE (DE000STRA555) in the SDAX index and by Draegerwerk AG & Co KGaA (DE0005550636) in the TecDAX index.
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These changes will become effective on 30 April 2020.
The next scheduled index review is 4 June 2020.
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