FinLab : to be included in the new Scale 30-Index by Deutsche Boerse
February 08, 2018 at 01:50 pm EST
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DGAP-Media / 08.02.2018 / 19:45
Frankfurt/Main, February 08th 2018 - The stock of FinLab AG (WKN 121806, ISIN DE0001218063, Ticker A7A.GR) will from 7th of February 2018 onwards be included in the newly formed "Scale 30 Index" composed by the Deutsche Boerse AG.
The selection index tracks the performance of the 30 most liquid companies listed in the German SME segment "Scale". Eligibility for index inclusion depends on order book turnover on Xetra and Boerse Frankfurt. The indexation is commenced with historical back calculation as of the 17th of March 2017, meaning it would have posted a performance of over 29.3% to date.
Stefan Schuetze, member of Finlab's management board, comments: "We are pleased about the inclusion in the Scale 30-Index. The establishment of the Index creates, in our view, a further boost for this segment, from which both issuers and investors will benefit. FinLab shares should be - now with the inclusion in the index - even more visible and liquid going forward.
About FinLab AG:
Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A.GR) is one of the first and largest company builders and investors focused on the Financial Services Technologies ("FinTech") sector in Europe. FinLab focuses on developing German FinTech startups and providing venture capital for their financial needs, whereby in each case the aim is a long-term participation and ongoing support of the investment. FinLab also invests globally, as part of venture rounds, in FinTech companies, primarily in the USA and Asia.
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Finlab AG, formerly Altira AG, is a Germany-based investment company engaged in the building of companies in the financial services technologies (fintech) sector. It focuses on developing German fintech start-ups, as well as provides venture capital in a form of long-term participation and ongoing support of the investment. Additionally, the Company is engaged in venture deals, such as seed- and follow-on rounds for fintech companies in Germany and abroad. It also invests in venture founding rounds, primarily in companies located in the United States and Asia. Its portfolio includes nextmarkets GmbH, a company operating e-learning platform for global investors.
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