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Unscheduled free-float adjustment of Osram Licht AG in MDAX

Release date: 07 Oct 2019 | Deutsche Börse

Unscheduled free-float adjustment of Osram Licht AG in MDAX

Changes to be effective as of 10 October 2019

On Monday, Qontigo’s global index provider STOXX Ltd. announced an unscheduled change to the MDAX index. Due to the acquisition of shares in the context of an attempted takeover of Osram Licht AG (DE000LED4000) by AMS AG the free float of Osram Licht AG changed by more than 10 percentage points. According to the Guide to the DAX Equity Indices, section 5.1.4., the company’s free float will be adjusted in the index from the current 97.11 percent to 77.12 percent.

These changes will become effective on 10 October 2019.

The next scheduled index review is 4 December 2019. 

MDAX® is a registered trademark of Deutsche Börse AG.


About Qontigo
Qontigo is a financial intelligence innovator and a leader in the modernisation of investment management, from risk to return. The combination of the company’s world-class indices and best-of-breed analytics, with its technological expertise and customer-driven innovation enables its clients to achieve competitive advantage in a rapidly changing marketplace. Qontigo’s global client base includes the world’s largest financial products issuers, capital owners and asset managers. Created in 2019 through the combination of STOXX, DAX and Axioma, Qontigo is part of Deutsche Börse Group, headquartered in Eschborn with key locations in New York, Zug and London.

About STOXX
STOXX Ltd. is Qontigo’s global index provider, currently calculating a global, comprehensive index family of over 10,000 strictly rules-based and transparent indices. Best known for the leading European equity indices EURO STOXX 50, STOXX Europe 50 and STOXX Europe 600, STOXX Ltd. maintains and calculates the STOXX Global index family which consists of total market, broad and blue-chip indices for the regions Americas, Europe, Asia/Pacific and sub-regions Latin America and BRIC (Brazil, Russia, India and China) as well as global markets. 

STOXX indices are licensed to more than 600 companies around the world as underlyings for Exchange Traded Funds (ETFs), futures and options, structured products and passively managed investment funds.

Qontigo’s index provider STOXX is part of Deutsche Börse Group, and the administrator of the DAX indices under the European Benchmark Regulation.

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