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CSE: Muskita excluded from FTSE/CySE20 Index – Replaced by SFS

The Cyprus Stock Exchange announces a change in the composition of FTSE/CySE20. Specifically, Muskita Aluminium Industries Plc will be excluded from FTSE/CySE20 and will be replaced by the share of SFS Group Public Company Ltd, which according to the latest evaluation of the Index, it has been classified in the Reserve List. The decision was taken on the basis of Rule 6.2.2 of the Management Rules of FTSE/CySE20, which says that if an existing company participating in the composition of FTSE/CySE20 is acquired by a company that is not candidate for a participation in the Index, it must be excluded from the Index.

This change will be affective from Thursday, June 30, 2011.
Wednesday, 29 June, 2011 - 17:37