Corporate | 18 March 2011 11:39
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Gigaset AG / Key word(s): Miscellaneous
Munich, March 18, 2011 – Gigaset AG considers itself strengthened in its strategic course by the inclusion in the TecDAX. From next Monday (March 21, 2011) the shares of the Munich company will be traded in the German technology index. With its decision on March 3, the Executive Board of the German Stock Exchange followed a recommendation by the working group for share price indices. The company's inclusion in the leading share index of the German technology stocks follows exactly three months after the shareholders, with a large majority, approved the realignment in the telecommunications sector at an extraordinary general meeting. 'As a technology driven company, our valuable and sustainable growth-oriented course has been completely confirmed,' says Gigaset AG Executive Board Member, Maik Brockmann. 'With Gigaset Communications, the European market leader in DECT phones and one of the largest manufacturers of cordless phones, we are correctly positioned for further global success in the market for technology and quality products 'made in Germany'.' The TecDAX comprises the 30 largest stocks of technology companies in the Prime Standard. The criteria for the inclusion in the selection index are the trading volume during the past twelve months and the free float market capitalization at the time of the appraisal. As a selection index, the TecDAX follows directly below the DAX (German Share Index).
Gigaset AG, Munich, is a worldwide leading company focusing on telecommunication and accessories. Gigaset AG is the parent company of the Gigaset Group, the leading producer of cordless phones worldwide and the market leader in Europe for DECT phones.
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| Language: | English | |
| Company: | Gigaset AG | |
| Hofmannstraße 61 | ||
| 81379 München | ||
| Deutschland | ||
| Phone: | +49 89/255500-0 | |
| Fax: | +49 89/255500-200 | |
| E-mail: | klaus.franke@gigaset.com | |
| Internet: | www.gigaset.com | |
| ISIN: | DE0005156004 | |
| WKN: | 515600 | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
| End of News | DGAP News-Service |
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| 116084 18.03.2011 |