Helsinki, Finland, 2014-04-04 08:30 CEST (GLOBE NEWSWIRE) -- NASDAQ OMX has announced that Pohjola Bank (POH1S) is removed from the OMX Helsinki 25 index on 4 April 2014. Seligson & Co OMX Helsinki 25 Exchange Traded Fund UCITS ETF tracks this index.
According to a press release published by OP-Pohjola in 1.4.2014, OP-Pohjola has over 90 percent of the total amount of shares in Pohjola Bank. As a consequence, and in accordance with the rules of the OMX Helsinki 25 index, NASDAQ OMX Global Index Group will remove POH1S from the index. The change is effective in the index and in the fund on 4 April 2014.
The fund will consequently contain equities of 24 companies until POH1S is replaced in the index, which according to NASDAQ OMX will take place at the next semi-annual review.
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