Deutsche Annington Immobilien SE / Key word(s): Real Estate/Real Estate
04.09.2014 / 07:46
Deutsche Annington: Admission to the MDAX
Bochum, September 4, 2014. On September 3, 2014, Deutsche Börse admitted Deutsche Annington Immobilien SE to the MDAX with effect as at September 22, 2014. The real estate Group is one of the top 50 names among German SMEs. Market capitalisation and stock exchange turnover are key criteria for admission to the index. Deutsche Annington's market capitalisation amounts to around
EUR 5.5 billion and its free float of stock to 72.75 %.
"We are delighted to be admitted to this selective index. This will further boost attention from institutional investors, who see this index as a benchmark," says Rolf Buch, the Group's CEO. "The positive development of our business since our IPO conveys a clear message: we are an attractive and reliable partner for our investors. At the same time, we stand by our strategy: the well-being of our customers is the focus of our activities. Trust in the financial markets will play a key role in enabling us to continue to live up to this responsibility in future," Buch adds.
Since July last year, the shares of Deutsche Annington have been listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange. Since their initial listing, their price has steadily risen. Even after payment of a tax-free dividend of EUR 0.70 per share, in the period from early January to late August 2014, the share increased by 24.97 %. On September 3, 2014, the share ceased trading at EUR 23.22.
The share's liquidity also increased significantly in the second quarter: together with CPI Capital Partners, the previous major shareholder Terra Firma placed a total of 30 million shares with institutional investors. At the same time, Terra Firma passed all of its shares to the previous fund investors, who can now decide independently on their further share strategy. With this widely diversified shareholder structure, both the free float, which according to the definition of Deutsche Börse went up from 18.5 % to 72.75 %, and the share's trading volume increased significantly.
About Deutsche Annington
Deutsche Annington is Germany's largest private-sector residential real estate company both in terms of portfolio value and the number of units owned. As at June 30, 2014, Deutsche Annington owned some 185,000 residential units worth a total of EUR 11.4 billion. The company is present throughout Germany. Deutsche Annington has its headquarters in Düsseldorf and employs more than 3,250 people.
Approval: Regulated Market / Prime Standard, Frankfurt Stock Exchange
Common Code: 094567408
Registered office of Deutsche Annington: Münsterstrasse 248, 40470 Düsseldorf, Germany
Business address of Deutsche Annington: Philippstrasse 3, 44803 Bochum, Germany
Head of Investor Relations
Phone: +49 234 314 2384
Head of Corporate Communications
Phone: +49 234 314 1149