Admission to the FTSE250 and FTSE All Share Indices
Smurfit Kappa Group plc (“SKG” or the “Group”), one of the world’s largest manufacturers of paper-based packaging products, with operations in Europe and the Americas, notes the announcement issued on 1 June, 2016 by FTSE confirming that SKG will be included as a constituent of the FTSE250 and FTSE All Share Indices from the close of business on Friday, 17 June, 2016.
Tony Smurfit Group CEO commented "We expect our inclusion in the FTSE AllShare to provide an incremental benefit to our shareholders. Over time, our new dual listing arrangement should widen the base of investors eligible to invest in the Group while further strengthening the liquidity in our shares.”
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About Smurfit Kappa
Smurfit Kappa is one of the leading providers of paper-based packaging solutions in the world, with around 45,000 employees in approximately 370 production sites across 34 countries and with revenue of €8.1 billion in 2015. We are located in 21 countries in Europe, and 13 in the Americas. We are the only large-scale pan-regional player in Latin America.
With our pro-active team we relentlessly use our extensive experience and expertise, supported by our scale, to open up opportunities for our customers. We collaborate with forward thinking customers by sharing superior product knowledge, market understanding and insights in packaging trends to ensure business success in their markets. We have an unrivalled portfolio of paper-packaging solutions, which is constantly updated with our market-leading innovations. This is enhanced through the benefits of our integration, with optimal paper design, logistics, timeliness of service, and our packaging plants sourcing most of their raw materials from our own paper mills. Our products, which are 100% renewable and produced sustainably, improve the environmental footprint of our customers.
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