Scout24 is pleased to be included in the MDAX

Scout24 is pleased to be included in the MDAX

Berlin / Munich, 6 June 2018 - Scout24 AG ("Scout24" or "the Group"), the leading operator of digital marketplaces specialising in the real estate and automotive sectors in Germany and other selected European countries, will be included in the MDAX with effect from 18 June 2018. This decision was announced by Deutsche Börse on 5 June 2018 as part of its regular index review. After the turnover of the share has continuously improved in recent months, Scout24 AG now qualifies for the MDAX where it will replace the STADA Arzneimittel AG.

Christian Gisy, CFO of Scout24 AG, is pleased about this important milestone in the company's stock market history: "It has always been our declared goal to be included in the MDAX since the time of our IPO. In terms of market capitalisation, we have already been qualified for the index since the end of January 2016. Now we have also reached the required trading volume. This success underlines once again the attractive stock market story of Scout24, and I am convinced that membership of the MDAX will be of great benefit to the awareness and development of our share and thus also to our shareholders."

Scout24 AG was first listed on the Frankfurt Stock Exchange on 1 October 2015. Two months later, in December 2015, the shares were included in the SDAX. After the financial investor Hellman & Friedman sold its last block of shares in mid-February 2018, the free float of Scout24 shares now amounts to almost 100%. This is a good prerequisite for the tradability of the shares, which are now listed in the index of the 50 largest companies below the DAX.
 

About Scout24

With our leading digital marketplaces ImmobilienScout24 and AutoScout24 in Germany and across Europe we are inspiring people to make their best decisions on finding a home and a car. Additional services, such as credit information, the brokerage of relocation services or construction and car financing, are bundled in the Scout24 Consumer Services business division. More than 1,200 employees are working on the success of our products and services, putting the consumers' needs first in order to create a connected network for living and mobility. Scout24 is listed on the Frankfurt Stock Exchange (ISIN: DE000A12DM80, G24). For further information, please visit www.scout24.com, our Corporate Blog and Tech Blog, or follow us on Twitter and LinkedIn.


Investor Relations

Britta Schmidt
Vice President Investor Relations & Controlling
Fon: +49 89 44456 3278
Email: [email protected]
 

Media Relations

Jan Flaskamp
Vice President Communications & Marketing
Fon: +49 30 24301 0721
Email: [email protected]
 

Disclaimer:

All information contained in this document has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith.

The information contained in this release is subject to amendment, revision and updating. Certain statements, beliefs and opinions in this document are forward-looking, which reflect the Company's or, as appropriate, senior management's current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. The Company does not undertake any obligation to update or revise any information contained in this press release (including forward-looking statements), whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this document.

Scout24 also uses alternative performance measures, not defined by IFRS, to describe the Scout24 Group's results of operations. These should not be viewed in isolation but treated as supplementary information. The special items used to calculate some alternative performance measures arise from the integration of acquired businesses, restructuring measures, impairments, gains or losses resulting from divestitures and sales of shareholdings, and other material expenses and income that generally do not arise in conjunction with Scout24's ordinary business activities. Alternative performance measures used by Scout24 are defined in the "Glossary" section of Scout24's Annual Report 2017 which is available at www.scout24.com/financial-reports.

Due to rounding, numbers presented throughout this statement may not add up precisely to the totals indicated, and percentages may not precisely reflect the absolute figures for the same reason.