Klöckner & Co - Admission to the SDAX index of the Deutsche Börse
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Klöckner & Co - Admission to the SDAX index of the Deutsche Börse
Duisburg, September 6, 2006 - The international distribution company Klöckner & Co will be admitted to the SDAX index of the Deutsche Börse (German Stock Exchange) in Frankfurt am Main as of September 18, 2006, following a regular revaluation of the share indexes.
Dr. Thomas Ludwig, Chairman of the Board of Management of Klöckner & Co AG, welcomed the decision. "We are pleased that the positive performance of our share has been confirmed by its admission to the index. Our share will become even more attractive as a result".
In the latest stock market ranking used for preparing the index, the Klöckner & Co share, with a free float of some 35 per cent, achieved place 117 in terms of its market capitalization and place 83 in terms of its order book turnover. This good positioning prompted the promotion of the Klöckner & Co share into the SDAX index of the Frankfurt Stock Exchange.
Klöckner & Co AG launched its IPO on June 28, 2006. The issue price of the Klöckner & Co share was 16.00 euros. On September 5, 2006, the share price closed at 18.83 euros (Xetra) at the end of the days trading.
About Klöckner & Co:
Klöckner & Co is the largest producer-independent steel and metal distributor in the European and North American markets combined. The core business of the Klöckner & Co group is the storage and distribution of steel and non-ferrous metals. About 200,000 active customers are supplied through approximately 240 distribution locations in 14 countries in Europe and North America. Klöckner & Co was founded 100 years ago by Peter Klöckner. During the financial year 2005, the company achieved sales of approximately EUR5 billion with around 10,000 employees. The shares of Klöckner & Co Aktiengesellschaft are admitted to trading on the official market segment (Amtlicher Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with simultaneous admission to the sub-segment (Prime Standard) to the official market with further post-admission obligations. ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.
Contacts: Peter Ringsleben, Claudia Uhlendorf - Corporate Communications
Klöckner & Co AG Am Silberpalais 1 D - 47057 Duisburg
Peter Ringsleben Phone: +49 203 307 2800 Fax: +49 203 307 5060 e-mail: peter.ringsleben@kloeckner.de
Claudia Uhlendorf Phone: +49 203 307 2289 Fax: +49 203 307 5103 e-mail: claudia.uhlendorf@kloeckner.de
end of announcement euro adhoc 06.09.2006 13:24:08
Further inquiry note:
Claudia Uhlendorf
Public Relations
Telefon: +49(0)203-307-2289
E-Mail: claudia.uhlendorf@kloeckner.de
Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade