Business News

Axel Springer moves up to the MDAX

Tuesday 07. September 2010 - The shares of Axel Springer AG will be listed within the MDAX from September 20, 2010. This has been decided by the Working Committee Share Indices ("Arbeitskreis Aktienindizes") of the German Stock Exchange. The company has fulfilled both of the required quantitative selection criteria of market capitalization and stock exchange trading volume since the end of 2009.

Lothar Lanz, Chief Financial Officer and Chief Operating Officer of Axel Springer AG, said: “Our good position in terms of market capitalization and the continuously improved trading volume of the Axel Springer share have led to its inclusion in the MDAX. We expect that this rise will make our shares even more attractive for investors.”

In both the relevant selection criteria of market capitalization and trading volume, the shares were ranked 34 and 52 in August 2010. While the ranking for market capitalization has been between 29 and 49 since acceptance in the rankings in June 2007, the ranking in trading volume has continuously improved from 102 to reach 52. The free float-adjusted market capitalization amounted to 721.3 million euros as of September 3, 2010.

The Axel Springer AG share has been listed within the SDAX since June 18, 2007.