AMG Advanced Metallurgical Group N.V. Added to the Euronext AMX® Mid Cap Index
March 07 2018 - 12:33PM
Amsterdam, 7
March 2018 --- AMG Advanced
Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") is
pleased to announce that it has been promoted from the
AScX® (small cap)
to the AMX® (mid cap)
index, effective Monday, March 19th, 2018.
Euronext announced the results of the annual
review of its AEX®,
AMX® and
AScX® indices
today, which are based on free-float adjusted market capitalization
and liquidity.
The promotion reflects AMG's strong financial
performance and the Company's commitment to execute a combination
of well-developed, highly accretive growth projects, including
AMG's entrance into the lithium market.
About AMG
AMG is a global critical materials
company at the forefront of CO2 reduction trends. AMG produces
highly engineered specialty metals and mineral products and
provides related vacuum furnace systems and services to the
transportation, infrastructure, energy, and specialty metals &
chemicals end markets.
AMG Critical Materials produces
aluminum master alloys and powders, titanium alloys and coatings,
ferrovanadium, natural graphite, chromium metal, antimony, lithium,
tantalum, niobium and silicon metal. AMG Engineering designs,
engineers, and produces advanced vacuum furnace systems and
operates vacuum heat treatment facilities, primarily for the
transportation and energy industries.
With approximately 3,000
employees, AMG operates globally with production facilities in
Germany, the United Kingdom, France, the Czech Republic, the United
States, China, Mexico, Brazil, India, Sri Lanka and Mozambique, and
has sales and customer service offices in Russia and Japan
(www.amg-nv.com).
About
Euronext
Euronext is the leading
pan-European exchange in the Eurozone with nearly 1,300 listed
issuers worth close to €3.6 trillion in market capitalisation as of
end December 2017, an unmatched blue chip franchise consisting of
24 issuers in the Morningstar® Eurozone 50 IndexSM and a strong
diverse domestic and international client base. Euronext operates
regulated and transparent equity and derivatives markets. Its total
product offering includes Equities, Exchange Traded Funds, Warrants
& Certificates, Bonds, Derivatives, Commodities and Indices.
Euronext also leverages its expertise in running markets by
providing technology and managed services to third parties. In
addition to its main regulated market, Euronext also operates
Euronext GrowthTM (formerly known as Alternext) and Euronext
AccessTM (formerly known as the Free Market). For the latest news,
find us on Twitter (twitter.com/euronext) and LinkedIn
(linkedin.com/euronext).
Disclaimer:
The compiler retains the right to change the
published selection, for instance in case of a removal due to a
take-over, till the publication of the final data after close of
Wednesday 14 March 2018. All events happening after that date will
not lead to a replacement of the selected company that possibly
needs to be removed from the final selection.
For further
information, please contact:
AMG Advanced Metallurgical Group
N.V. +1 610 293
5804
Steve Daniels
Senior Vice President
sdaniels@amg-nv.com
Disclaimer
Certain statements in this press release are not historical facts
and are "forward looking". Forward looking statements include
statements concerning AMG's plans, expectations, projections,
objectives, targets, goals, strategies, future events, future
revenues or performance, capital expenditures, financing needs,
plans and intentions relating to acquisitions, AMG's competitive
strengths and weaknesses, plans or goals relating to forecasted
production, reserves, financial position and future operations and
development, AMG's business strategy and the trends AMG anticipates
in the industries and the political and legal environment in which
it operates and other information that is not historical
information. When used in this press release, the words
"expects," "believes," "anticipates," "plans," "may," "will,"
"should," and similar expressions, and the negatives thereof, are
intended to identify forward looking statements. By their
very nature, forward looking statements involve inherent risks and
uncertainties, both general and specific, and risks exist that the
predictions, forecasts, projections and other forward looking
statements will not be achieved. These forward looking
statements speak only as of the date of this press release.
AMG expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward looking statement
contained herein to reflect any change in AMG's expectations with
regard thereto or any change in events, conditions, or
circumstances on which any forward looking statement is based.
March 7 2018 B
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: AMG Advanced Metallurgical Group N.V. via
Globenewswire
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