By Stuart Radnedge2014-09-11T13:35:00+01:00
McPhy Energy has been chosen by the CAC® Steering Committee (Conseil Scientifique) for inclusion in the CAC® Small, CAC® Mid & Small and CAC® All-Tradable indexes starting September 22th, on the opening of trading.
Inclusion in these three indexes of McPhy Energy, admitted to trading on Euronext Paris on March 25th, 2014, follows the quarterly review to ensure compliance with the index requirement for companies to have a free float adjusted annual velocity of at least 20%. Companies selected on that basis are then ranked by volume and free float market capitalisation.
“We are delighted that McPhy Energy has been included in the CAC® family of indexes. This selection confirms the liquidity of the share that has been listed on Euronext Paris for a period of less than six months. This will increase its attractiveness for French and international investors,” concluded Pascal Mauberger, CEO and President of McPhy Energy.
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