Wiener Börse AG

12/07/2021 | Press release | Distributed by Public on 12/07/2021 12:02

Higher free float factors for BAWAG, Erste Group and PORR, new composition of ATX Top Dividend

(Vienna) Wiener Börse today reviewed the calculation parameters for Austrian indices. For three companies a higher free float factor is announced, for the benchmark ATX Top Dividend a new composition. For BAWAG Group AG (ATX) the free float factor rises from 0.8 to 0.9 after US investor GoldenTree reduced its stake. For Erste Group Bank AG (ATX), the free float factor increases from 0.7 to 0.8 after the exit of the Spanish CaixaBank. For PORR AG (ATX Prime), the free float factor climbs from 0.4 to 0.5 as a result of the capital increase, in the course of which the syndicate was reduced. Thus, the mentioned companies' index weighting will increase slightly. All changes will become effective on 20 December 2021. The next scheduled review of the ATX composition will take place in March 2022.

Benchmark for Austrian Top Dividend Stocks

The ATX Top Dividend index, gathers the 15 prime market stocks with the highest dividend yield. For this benchmark, the following index members will change, effective on 20 December 2021:

Inclusion Exclusion
ADDIKO BANK AG EVN AG
BAWAG GROUP AG MAYR-MELNHOF KARTON AG
ERSTE GROUP BANK AG ROSENBAUER INTERNATIONAL AG
IMMOFINANZ AG S IMMO AG
POLYTEC HOLDING AG SCHOELLER-BLECKMANN OILFIELD EQUIPMENT AG
RAIFFEISEN BANK INTERNAT. AG UNIQA INSURANCE GROUP AG
SEMPERIT AG HOLDING WIENERBERGER AG

The calculation of Wiener Börse AG's indices is based on a quantitative procedure. According to "The Rules for the Austrian Indices of the Vienna Stock Exchange", the inclusion or exclusion of stocks from Austrian indices is reviewed twice a year (March and September). Decisions on new additions to the index are based on average daily trading volumes and the free float capitalization of companies. The Vienna Stock Exchange reviews the calculation parameters (number of shares, free float factors, representation factors) of the index on a quarterly basis. Once a month, the ATX watchlist is published. In the Index Committee, which met today and decides on the rules and regulations for the indices, representatives of institutional investors, trading members of the Vienna Stock Exchange, financial institutions that issue financial products on the indices, academic advisors and the Vienna Stock Exchange contribute their experience. A list of the Committee members is available online.

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For further information, please contact:

Julia Resch

Head of Corporate Communications & Marketing, Spokesperson

julia.resch(a)wienerboerse.at
+43 1 531 65-186

Laura Marchler

Corporate Communications

laura.marchler(a)wienerboerse.at
+43 1 531 65-153


About the Vienna Stock Exchange

As the main provider of market infrastructure in the region, Wiener Börse AG is the gate to global markets. Operating the stock exchanges in Vienna and Prague, the group offers state-of-the-art systems, information and IT services. Listed companies receive maximum liquidity and investors benefit from fast and cost-effective trading by the market leader. Wiener Börse AG also collects and distributes stock market data and calculates the most important indices of the region. Because of this unique know-how the national stock exchanges in Budapest, Ljubljana and Zagreb trust its IT services. Additionally, the group holds stakes in energy exchanges and clearing houses.

Exclusion of Liability

This press release may contain certain forward-looking statements and forecasts that are based on assumptions current made at the time of publication of this press release. We do not assume any liability for these forward-looking statements materializing. Furthermore, we would like to explicitly point out that this press release cannot serve as a basis for investment decisions and may not be construed as a solicitation to buy or a recommendation to invest by Wiener Börse AG. No liability is assumed for the information given in this press release.