Leifheit Aktiengesellschaft: Leifheit admitted to SDAX (news with additional features)

19
September
2016

Corporate News

DGAP-News: Leifheit Aktiengesellschaft / Key word(s): Miscellaneous

2016-09-19 / 14:15
The issuer is solely responsible for the content of this announcement.


Leifheit admitted to SDAX

  • Successful implementation of the "Leifheit 2020" strategy is the foundation for sustainably profitable growth
  • Admission to the index is a result of the company's consistent focus on the capital market and shareholders

Nassau, 19 September 2016 - Starting today, shares in Leifheit AG, which have been quoted on the Frankfurt Stock Exchange since 1984, are listed on the SDAX. The admission is the result of Deutsche Börse's most recent index review. For the first time, this review was performed automatically on a solely quantitative basis. The Leifheit share fulfils the relevant size criteria in terms of market capitalisation and liquidity as well as the transparency requirements of the Prime Standard.

"Being admitted to the SDAX is a major milestone for the Leifheit Group. We see it as confirmation of our 'Leifheit 2020' strategy, which is already being reflected in sustainable turnover and income growth. For us, the admission is both an incentive and a duty to continue consistently pursuing our chosen path," said Thomas Radke, CEO of Leifheit AG, during a visit to the trading floor of the Frankfurt Stock Exchange.

Leifheit's admission to the SDAX is the result of a considerable increase in liquidity and tradability since the offering of the shares belonging to long-standing anchor shareholder HOME Beteiligungen GmbH to institutional investors in April 2015. Since then, the portion of shares in free float has risen from approximately 26% to 76.7%. Market capitalisation for Leifheit AG, as based on all issued shares (5,000,000), was approximately EUR 276 million at a closing price of EUR 55.21 on 16 September 2016. At the end of September 2015, market capitalisation amounted to around EUR 197 million.

"Following the positive business development in the first half of 2016 and the seventh increase in dividends in a row, the admission to the index helps to further raise interest in our share and expand presence on the capital market. The new dividend policy resolved in March of this year, which provides for an additional special dividend depending on liquidity, is further evidence of our consistent focus on the capital market and our shareholders," Dr Claus-O Zacharias, CFO of Leifheit AG, added.

Thomas Radke (CEO of Leifheit AG, left) and Dr. Claus-O. Zacharias (CFO of Leifheit AG, right) with Hauke Stars (Member of the Executive Board of Deutsche Boerse AG) at the Frankfurt Stock Exchange (Source: Leifheit AG/Photo: Sascha Erdmann).

Thomas Radke (CEO of Leifheit AG, left) and Dr. Claus-O. Zacharias (CFO of Leifheit AG, right) with Hauke Stars (Member of the Executive Board of Deutsche Boerse AG) at the Frankfurt Stock Exchange (Source: Leifheit AG/Photo: Sascha Erdmann).

About Leifheit

Leifheit AG, founded in 1959, is one of the leading European brand suppliers of household items. The company stands for high quality, innovative products with great utility and functional design in the sectors of cleaning, laundry care, kitchen goods and wellbeing. Leifheit and Soehnle are among the best-known brands in Germany. Other than in the Brand Business, Leifheit AG operates in the service-oriented Volume Business via its French subsidiaries Birambeau and Herby. The Leifheit Group including its international branches employs a staff of about 1,000 employees. More information on Leifheit is available online at www.leifheit-group.com, www.leifheit.com, www.soehnle.com.


Contact:
Leifheit AG
D-56377 Nassau
ir@leifheit.com
+49 2604 977218

Additional features:

Picture: http://newsfeed2.eqs.com/leifheit/503065.html


2016-09-19 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


 

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