10/13/2015

ADO Properties S.A.: Deutsche Boerse admits ADO Properties to SDAX


DGAP-News: ADO Properties S.A. / Key word(s): Real Estate
2015-10-13 / 07:25

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Berlin, 13 October 2015 - From today ADO Properties S.A. is included in the selection index SDAX of Deutsche Boerse. Altogether the SDAX comprises 50 companies ranking after the MDAX companies, operating in classic sectors and fulfilling the selection criteria for this index defined by Deutsche Boerse. Requirements for admission to the SDAX are the listing in the Prime Standard segment of the Frankfurt Stock Exchange, a minimum free float of 10 percent and a continuous trading of the shares in the XETRA platform. Among all stocks that meet these criteria are 50 stocks selected for the index. The selection is based on the free float market cap and the trading volume as two size criteria which are important for professional stock investors.

Rabin Savion, CEO of ADO Properties, says: "We are happy that the shares of ADO Properties have been included to a renowned selection index of Deutsche Boerse only three months after the successful IPO. This shows the capital market that the company provides to its shareholders not only a clearly focused business model and a high transparency level but also the liquidity which is required by professional stock investors. Furthermore, the index membership increases the perception of our stock and consequently improves the prospects for financing our aspired growth via the capital market."
About ADO Properties

ADO Properties is a pure-play Berlin-based residential real estate company with approximately 15,500 units, including recent acquisitions. The Company has a fully integrated, scalable in-house platform with its own property management. Along with the responsibility for the condition of its apartments and buildings, ADO Properties also assumes responsibility towards people, employees and neighbourhoods. The portfolio of ADO Properties is focused on central locations in Berlin and attractive districts at the city's outskirts.



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2015-10-13 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language: English Company: ADO Properties S.A. 20 rue Eugène Ruppert LK-2453 Luxembourg Grand Duchy of Luxembourg Phone: +49 (0)30-403 907 900 Fax: +49 (0)30-403 907 901 E-mail: office@ado.immo Internet: www.ado.immo ISIN: LU1250154413 WKN: A14U78 Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard), Luxembourg; Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange  
 
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