Germany's Hella to replace CAT oil in small-caps index

Petro Welt Technologies AG

15/01/2015 06:21

FRANKFURT, Jan 15 (Reuters) - Germany's Hella  HLE.DE , a 
manufacturer of auto headlights and electronics, will enter 
Germany's small-caps index  .SDAXI , replacing CAT oil  O2C.DE , 
which is dropping out after being taken over by oil industry 
veteran Maurice Dijols. 
    The takeover by Dijols has cut the proportion of freely 
traded shares in CAT oil to 1.95 percent from 41.31 percent, 
Frankfurt stock exchange operator Deutsche Boerse  DB1Gn.DE  
said in a statement late on Wednesday. 
    Membership in Germany's major stock indices is conditional 
on a free float of at least 10 percent. 
    The changes will be effective as of Jan. 19, Deutsche Boerse 
said. The next regular review of index composition is scheduled 
for March 4. 
 
 (Reporting by Maria Sheahan; Editing by Kenneth Maxwell) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/