Brenntag AG will join the MDAX index of Deutsche Börse, effective 21 June 2010. This was announced by Deutsche Börse AG.
The entry was facilitated by the Fast-Entry-Rule which allows for a change in indices ahead of schedule. The MDAX index includes the 50 largest stock-listed companies that follow the DAX index by market capitalization and stock market turnover in Germany.
The inclusion in MDAX within less than three month after the initial stock listing marks the next successfully taken milestone for Brenntag at the stock exchange. Jürgen Buchsteiner, CFO of Brenntag AG: “The step to the MDAX was our defined objective. It will gain further visibility for our share in the capital market. We are very happy that the advancement to the MDAX happened that quickly and regard it as a proof for our growth strategy.”