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AUTO1 Group welcomes inclusion in DAX index family
Berlin, May 6, 2021
Berlin, 06.05.2021 - AUTO1 Group, Europe's leading platform for consumers and professional dealers to buy and sell used cars online, today welcomed the inclusion of its newly listed shares in the DAX index family. AUTO1 is scheduled to join the SDAX index of German companies on 10 Mai 2021, following an extraordinary review of SDAX members, according to an announcement by Qontigo, the index provider of Deutsche Börse Group.
Markus Boser, CFO at AUTO1 Group SE: "We are delighted to have joined the DAX index family just three months after our successful stock market debut. Inclusion in the index is an important milestone for us and we are grateful for the trust that the market continues to put in us."
Inclusion in the index reflects the strong performance of AUTO1's share since it was listed on the Prime Standard of the Frankfurt Stock Exchange on 4 February 2021. Membership in the DAX index family is based on a number of criteria including reporting and transparency standards, free float market capitalization and trading liquidity.
The next regular entry and exit review of membership in various DAX indices will take place in September 2021 and for the first time will be based only on free float market capitalization.
AUTO1 Group's shares are trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol AG1 and the ISIN DE000A2LQ884.
About AUTO1 Group
Founded in 2012, AUTO1 Group is a multi-brand technology company that is building the best way to buy and sell cars online. Its local European consumer brands like wirkaufendeinauto.de offer consumers the fastest and easiest way to sell their car. Its merchant brand, AUTO1.com, is Europe's largest wholesale platform for car trading professionals. With its retail brand Autohero, AUTO1 Group is using its technology, scale and operational excellence to develop the best consumer experience to buy a car online. AUTO1 Group is operating in over 30 countries and achieved revenues of €2.83 billion in 2020.