Braas Monier Building Group S.A. / Key word(s): Miscellaneous
BRAAS MONIER BUILDING GROUP S.A. TO BE LISTED IN SDAX STOCK MARKET INDEX
Luxembourg, 4 September 2014 - Following the meeting of its Stock Index Committee, Deutsche Börse announced on 3 September 2014 that Braas Monier Building Group S.A. ("Braas Monier"), a leading manufacturer and supplier of pitched roof solutions, will be included in the SDAX index. The change will become effective from 22 September 2014.
Regarding orderbook turnover and free float market capitalisation Braas Monier is one of the top 100 companies below the DAX listed on the Frankfurt Stock Exchange.
"We are excited that Braas Monier will be included in the SDAX only two months after its successful IPO," said Pepyn Dinandt, CEO of Braas Monier. "The swift admittance to the small cap index of Deutsche Börse is an important success and underpins the positive business development in recent years."
"By opting for the Prime Standard of the regulated market of Frankfurt Stock Exchange and thus for highest international transparency standards, we already laid the foundation for a transparent and comprehensive capital market communication when we took Braas Monier public on 25 July 2014," said Matthew Russell, CFO of the Group. "The inclusion in the SDAX is an additional important step for us to significantly increase Braas Monier's visibility in the international capital markets."
Braas Monier Building Group is a leading manufacturer and supplier of pitched roof solutions, including roof tiles and roofing components, in Europe and parts of Asia and South Africa. The Group covers all steps of the manufacturing process, offering a comprehensive range of concrete and clay tiles for pitched roofs and complementary roofing components as well as a wide range of ceramic and steel chimneys and energy systems solutions. Braas Monier had operations in 36 countries,
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|Company:||Braas Monier Building Group S.A.|
|5, rue Guillaume Kroll|
|Grand Duchy of Luxembourg|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Berlin - Tradegate Exchange, Düsseldorf, München, Stuttgart|
|End of News||DGAP News-Service|