NIBC to be included in AScX index on Euronext AmsterdamCorporate News -
NIBC Holding N.V. will be included in the Euronext AScX Index effective as of the start of trading on the European markets on 18 June 2018. This was announced by Euronext yesterday afternoon, following its quarterly review, based on free-float adjusted market capitalisation and liquidity.
NIBC Holding N.V. was listed on Euronext Amsterdam on 23 March 2018. The AScX, derived from Amsterdam Small Cap Index, is a free-float market capitalisation weighted index composed of 25 Dutch funds that are listed on Euronext Amsterdam. Eligible companies that fulfil the velocity and free float requirements are ranked based on the size. Newly listed companies may be added to the index at the occasion of the quarterly review if they rank 23 or higher.
Statement of the CEO, Paulus de Wilt: “We are pleased to be included in the AScX Index so soon after our IPO. The inclusion of NIBC in the AScX smallcap index will further enhance our visibility and profile. Following the many positive reactions of our clients and other stakeholders, this represents another important milestone for our company and strengthens us going forward as we continue with our client-focused strategy, to make a difference at our clients’ most decisive moments and build profitable growth well into the future.”