euromicron AG (ISIN DE000A1K0300) will be listed on TecDAX, Germany’s index for technology stocks, as of March 19, 2012. The decision was taken by Deutsche Börse last Monday, March 5, 2012.
“We’re delighted that the Working Committee for Equity Indices has come out in favor of including our company in the TecDAX. We feel sure that we will be able to keep on increasing our visibility thanks to this move, our integrated business model and a corporate strategy geared to sustainable growth. euromicron’s share has performed very well in the past and will achieve greater attention and gain in attraction by being admitted to the TecDAX,” says Dr. Willibald Späth, CEO of euromicron AG. “We will continue to push vigorously ahead with our investor relations work so as to boost our company’s perception on the capital market. In the past, we have been able to meet the tough criteria for being promoted to this index as well as continuously improve the stock’s fungibility and XLM value and hope to address an even broader investor clientele in future,” adds Dr. Späth.
The TecDAX comprises the 30 largest and most liquid stocks from the technology sectors listed in the Prime Standard on Frankfurt Stock Exchange (FWP) and not included in the key index, the DAX. This selection index starts directly below the DAX (German Stock Index). The TecDAX is seen as the Deutsche Börse’s tech stock barometer.
Criteria for inclusion in the selection index and weighting of stocks in the TecDAX are, among others, admission to the Prime Standard, constant trading in XETRA, stock exchange turnover in the past twelve months and the free-float market capitalization at the time of examination.
The composition of the TecDAX is usually reviewed every 6 months and adjusted effective March and September.
euromicron AG (www.euromicron.de) is an all-round solution provider for communications, transport, data and security networks. euromicron’s network infrastructures integrate voice, video and data transport wirelessly, via copper cable and by means of fiber-optic technologies.
euromicron builds its leading applications, such as security, control, healthcare or surveillance systems, on the basis of these cutting-edge network infrastructures.
Founded on its expertise as a developer and producer of fiber-optic components, euromicron AG is a strongly growing, highly profitable group that is listed on the stock market, has a medium-sized character and focuses on operational growth, integration and further market penetration, internationalization and expansion.