The AScX index consists of the 25 listed companies that – in terms of size – make up the number 51-75 companies on the Dutch stock exchange. The effective date of the change is 23 March 2020.
The AScX is a free-float market capitalisation weighted index composed of 25 Dutch funds that are listed on Euronext Amsterdam.
Eligible companies that fulfil the velocity and free float requirements are ranked based on the size. Newly listed companies may be added to the index at the occasion of the quarterly review if they rank 23 or higher.
Tom van Aken, CEO of Avantium comments:
“We are pleased to be included in the AScX Index, as this further enhances our visibility to investors. The inclusion in the AScX Index will give us access to a new pool of funds mandated to invest in companies in this index.”
Videos by Bioplastics News Chief Editor
Advantages and Disadvantages of PLA