RTL Group has been informed by Deutsche Börse AG that the Group will be re-included in the German MDAX stock index as of 21 March 2022. This decision follows the regular index review held on 4 March 2022 and reflects the free-float market capitalisation.
Björn Bauer, Chief Financial Officer of RTL Group, says: “We are pleased that RTL Group’s shares have been re-included in the German midcap index, MDAX. With our recent consolidation moves in Europe and our ambition to significantly grow our streaming services and global content business, Fremantle, RTL Group is creating value for its shareholders. Our inclusion in the MDAX index is confirmation of our strategy.”
RTL Group’s shares have been listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange since 30 April 2013, in addition to the listing on the Luxembourg Stock Exchange. From September 2013 to September 2020, RTL Group was part of the MDAX stock index. Since then, RTL Group has been a member of the SDAX stock index.
The German MDAX focuses on midcap companies by tracking the performance of the 50 stocks which follow 40 DAX companies. The selection of index components is based on free float market capitalisation. The index weighting of an individual share is capped at 10 per cent.
The basic criteria for including companies in MDAX are an existing listing on the Regulated Market of the Frankfurt Stock Exchange, continuous trading on Xetra, minimum free float of 10 per cent, legal headquarters or operating headquarters in Germany, timely publication of audited Annual Financial Report, half-yearly Financial Reports and Quarterly Statements.
The membership in an index is particularly relevant for funds that “rebuild indices”. Those are called exchange-traded funds or more commonly, ETFs. People can invest their money in ETFs, which in turn invest in the members of an index, for example.