Euronext restates NIBC free float factor to 25%

Last night, Euronext published an index announcement commenting on the decision of the AEX Steering Committee (d.d. 10 December 2019) to exclude NIBC from the AScX-index as per 23 December 2019, based on NIBC’s free float factor which the AEX Steering Committee incorrectly determined to be 10%.

Following recent consultations with NIBC, the AEX Steering Committee reconvened last night and has communicated the following:

• Based on additional information received, NIBC’s correct free float factor is currently 25%;
• The additional information will be taken into account during the March 2020 review;
• The review as announced on 10 December 2019 will remain unchanged.

For full details we kindly refer to the Index Announcement EIA 2019 – 280.