Response Plus Holding (RPM), a leading healthcare service provider in the United Arab Emirates and a subsidiary of Alpha Dhabi Holding, officially announced its inclusion in the FTSE Global Micro Cap Index on February 21.
RPM’s listing on the FTSE GEIS as a micro-cap company validates the company as a relevant player in the capital market, also indicating its ability to meet and maintain demanding liquidity and capitalization criteria an investable stock market, it will also increase the visibility of new categories of investors on both national and international markets, financial institutions and organisations.
Major Tom Louis, CEO of Response Plus Holding, said: “To be included in the FTSE Global Micro Cap Index is the latest achievement in what has been a banner year for the business, highlighted by the strengthening of the company’s position, evident in the recent fourth quarter financial report. Listing on the FTSE Global Equity Index will help us pursue our goal of expansion and awareness of our company while broadening our shareholder base and continuing to focus on strategic businesses and partnerships across all verticals to drive future growth.
The FTSE Global Micro Cap Index is part of the FTSE Global Equity Index Series (GEIS), which comprises 16,000 large, mid, small and micro-cap stocks across 49 developed and emerging markets around the world, with a broad range of modular indices available to target specific markets and market segments.
In addition, FTSE GEIS provides a robust framework of global equity indices with the versatility to adapt investment views and generate strong interest from local and overseas investors, financial institutions and organizations to invest in RPM. FTSE GEIS provides an unbiased representation of global equity markets and a trusted way for investors to gain targeted exposure to market opportunities. – TradeArabia Press Service