Dortmund, December 6, 2022: Elmos Semiconductor SE (FSE: ELG), one of the world’s leading suppliers of automotive semiconductors, will join the SDAX effective December 19, 2022. The news was announced yesterday evening after Deutsche Börse’s recent review of the composition of the DAX’s selected indices. This makes Elmos one of Germany’s 70 largest listed small-caps below the DAX and MDAX, measured in terms of market capitalization of free-float shares.
“Our SDAX listing confirms the successful growth trajectory of Elmos and the fantastic work of the entire Elmos team,” says Dr. Arne Schneider, CEO of Elmos Semiconductor SE. “We firmly believe that with our innovative solutions we can benefit significantly from the long-term positive development of the automotive semiconductor market.”
Elmos’ SDAX listing comes as a result of the “fast entry” rule. Deutsche Börse reviews the composition of its indices once per quarter.
Contact
Elmos Semiconductor SE
Ralf Hoppe, Head of Investor Relations & Public Relations
Phone: +49-231‐7549‐7000
Email: invest[at]elmos.com
About Elmos
Elmos develops, produces and markets semiconductors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient. With our solutions we are already the worldwide #1 in applications with great future potential, such as ultrasonic distance measurement, ambient light and intuitive HMI.
Notice
This release contains forward-looking statements that are based on assumptions and estimates made by the Elmos management. Even though we assume the underlying expectations of the forward-looking statements to be realistic, we cannot guarantee the expectations will prove right. The assumptions may carry risks and uncertainties, and as a result actual events may differ materially from the forward-looking statements. Among the factors that could cause such differences are changes in general economic and business conditions, fluctuations of exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products, and changes in business strategy. Elmos neither intends nor assumes any obligation to update its statements with respect to future events.