DGAP-News: DATAGROUP SE: DATAGROUP to be included in new Scale 30 Index
09.02.2018 (www.4investors.de) -
DGAP-News: DATAGROUP SE / Key word(s): Miscellaneous
DATAGROUP SE: DATAGROUP to be included in new Scale 30 Index
09.02.2018 / 13:15
The issuer is solely responsible for the content of this announcement.
DATAGROUP to be included in new Scale 30 Index
Pliezhausen, February 09, 2018. DATAGROUP SE (WKN A0JC8S) is a top 5 share in terms of liquidity out of 48 companies in the Scale segment that was started last year. As such, it is now included in the newly formed stock market barometer. The index inclusion is supposed to further increase visibility towards investors.
Deutsche Börse expanded its index offering by launching the Scale 30 Index this week. The selection index tracks the performance of the 30 most liquid companies listed in the SME segment Scale. Eligibility for index inclusion depends on order book turnover on Xetra and Börse Frankfurt. Weighting of equities in the Scale 30 Index is based on market capitalisation and is adjusted quarterly.
The historical back-calculation of Scale 30 dates back to the start of the segment on March 17, 2017 at 1,000 points, meaning it would have posted a performance of over 29.3 % to date. DATAGROUP has been listed in the segment from the very first day, while its own share price went up by 60.9 % over the same period. Accordingly, DATAGROUP was one of the drivers behind the overall performance.
"We feel honored by the inclusion to the new index and see it as a result of our consistent investor relations efforts and our corporate strategy that always considers the benefits of our shareholders", stated DATAGROUP CEO Max H.-H. Schaber. "Last year we have again intensified contacts to investors and taken measures to expand both our shareholder base and free float. Thus, the attractiveness of the share has been further increased, which is significantly reflected in the in the price and liquidity performance."
DATAGROUP will present itself again to investors on February 21/22 during the ODDO Seydler-Conference in Frankfurt. The annual meeting of shareholders will take place on March 08, 2018 at the corporate headquarter in Pliezhausen.
DATAGROUP is one of the leading German IT service companies. Over 1,900 employees at locations across Germany design, implement, and operate IT infrastructures and business applications such as SAP. With its CORBOX product, DATAGROUP is a full-service provider, supporting over 600k global IT workplaces for medium and large enterprises. In other words: We manage IT. The company is growing organically and through acquisitions. The acquisition strategy is particularly noted for its optimal integration of new companies. DATAGROUP is actively participating in the IT service market's consolidation process with its "buy and turn around" and its "buy and build" strategy.
09.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
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