ZUG (dpa-AFX) - As anticipated, packaging specialist Gerresheimer is set to exit the SDax small-cap index. Following the ongoing investigation into accounting errors, the company failed to submit its audited annual and consolidated financial statements by the March 31 deadline. Consequently, a key requirement for index listing was not met, index provider STOXX announced on Wednesday evening.
Bulgarian technology specialist Shelly will take Gerresheimer's spot. The change will take effect as of April 10. The news had no perceptible impact on the share prices of either company./he/edh
