DGAP-News: Scout24 AG admitted to SDAX

Published on 12/04/2015

DGAP-News: Scout24 AG / Key word(s): Miscellaneous
2015-12-04 / 08:59
The issuer is solely responsible for the content of this announcement.


Scout24 AG admitted to SDAX

  - SDAX listing to start on December 21, 2015 

  - Decision underlines attractiveness of share

- Management Board aims for rapid MDAX membership
Berlin / Munich, December 4, 2015 - Only shortly after its successful IPO in October, Scout24 AG, leading operator of digital marketplaces specializing in the real estate and automotive sectors in Germany and other selected European countries, will be admitted to the SDAX as of December 21, 2015. This decision was announced by the Working Committee for Equity Indices at Deutsche Börse AG, Frankfurt / Main, after yesterday's regular review of the small-cap index.

"Only two months have passed since we successfully realized our IPO, and that despite a difficult market climate. Since then, our shares have performed stably. We are delighted by this rapid admission to the SDAX, which is certain to significantly boost the attractiveness of our shares. Our objective now is to be admitted to the MDAX, if possible in 2016 already. With our fast-growing, highly profitable business model, we have everything it takes to build a sustainable success story", comments Christian Gisy, CFO of Scout24 AG, with regard to the company's long-term objectives.

The Deutsche Börse blue-chip indices, namely the DAX, MDAX, SDAX and TecDAX, comprise 160 stocks in total, of which 50 in the SDAX. The most important selection criteria are free float market capitalization and stock market trading volumes. With a free float of 31.7 percent and free float market capitalization of Euro 1.0 billion (as of November 30), Scout24 AG will be one of the largest stocks in the SDAX in future. The share will therefore be correspondingly weighted in the various index funds.
About Scout24

Scout24 operates leading digital classifieds platforms in Germany and other selected European countries. The main operations under the umbrella brand Scout24 are the digital marketplaces ImmobilienScout24 and AutoScout24. ImmobilienScout24 is the leading digital real estate classifieds platform in Germany, based on consumer traffic and time spent as well as customer numbers and listings. AutoScout24 is a leading automotive digital classifieds platform in Europe, in terms of unique monthly visitors and listings. Scout24's digital marketplaces are empowering people to realise their property and car-owning dreams simply, efficiently and stress-free. Further information is available at www.scout24.com
Investor Relations contact

Britta Schmidt
Vice President Investor Relations & Treasury
Tel: +49 89 44456 3278 
E-mail: ir@scout24.com

Press contact

Marie Fabiunke
Head of Corporate Communications & PR
Tel: +49 30 243 01 1427
E-mail: marie.fabiunke@scout24.com

Disclaimer:

This document has been issued by Scout24 AG (the "Company" and, together with its direct and indirect subsidiaries, the "Group")) and does not constitute or form part of and should not be construed as any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall any part of it nor the fact of its distribution form part of or be relied on in connection with any contract or investment decision, nor does it constitute a recommendation regarding the securities of the Company or any present or future member of the Group.

All information contained herein has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith.
The information contained in this press release is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this press release (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.

This document is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Neither this document nor any copy of it may be taken or transmitted into the United States of America, its territories or possessions or distributed, directly or indirectly, in the United States of America, its territories or possessions or to any US person.

By attending, reviewing or consulting the presentation to which this document relates or by accepting this document you will be taken to have represented, warranted and undertaken that you have read and agree to comply with the contents of this notice.

Nothing in this document constitutes tax advice. Persons should seek tax advice from their own consultants or advisors when making investment decisions.




2015-12-04 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English Company: Scout24 AG Dingolfinger Str. 1 - 15 81673 Munich Germany Phone: +49 89 44456 - 0 Fax: +49 89 44456 - 3000 E-mail: ir@scout24.com Internet: www.scout24.com ISIN: DE000A12DM80 WKN: A12DM8 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange  
   
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