NEW YORK, Aug. 1, 2014 (GLOBE NEWSWIRE) -- On May 16, 2014, Discovery
Communications, Inc. (Nasdaq:DISCA) announced a distribution of Class C shares
to its stockholders.
NASDAQ OMX is providing the information below to clarify the effect of this
distribution on Discovery Communications, Inc. Class A shares in the NASDAQ OMX
As a result of this transaction, upon distribution, the Discovery
Communications, Inc. Class C shares will be added to all NASDAQ OMX indexes that
contain Discovery Communications, Inc. Class A shares, including, but not
limited to, the NASDAQ-100 Index and the NASDAQ Global Index Family.
This is effective prior to market open on August 7, 2014, the ex-date of the
In order to best reflect our evolving market, both the Class A shares and the
Class C shares of Discovery Communications, Inc. will remain in the Indexes.
This action is being taken to provide for seamless distribution of the new
securities, and ensure Index continuity.
Projected Index Timeline
August 7 Ex Date:
Prior to market open on Thursday, August 7, 2014, Discovery Communications, Inc.
Class C shares will be added to pertinent NASDAQ OMX indexes, including, but not
limited to, the NASDAQ-100 and NASDAQ Global Index Family.
In addition, adjustments will be made to the previous closing price of the
Discovery Communications, Inc. Class A shares, to reflect the pro rata
distribution of the Class C shares.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements
that involve a number of risks and uncertainties. NASDAQ OMX cautions readers
that any forward-looking information is not a guarantee of future performance
and that actual results could differ materially from those contained in the
forward-looking information. Such forward-looking statements include, but are
not limited to (i) projections about our future financial results, growth,
trading volumes, taxes and achievement of synergy targets, (ii) statements about
the closing or implementation dates and benefits of certain strategic,
technology, de-leveraging and capital return initiatives, (iii) statements about
our integrations of our recent acquisitions, (iv) statements relating to any
litigation or regulatory or government investigation or action to which we are
or could become a party, and (v) other statements that are not historical
facts. Forward-looking statements involve a number of risks, uncertainties or
other factors beyond NASDAQ OMX's control. These factors include, but are not
limited to, NASDAQ OMX's ability to implement its strategic initiatives,
economic, political and market conditions and fluctuations, government and
industry regulation, interest rate risk, U.S. and global competition, and other
factors detailed in NASDAQ OMX's filings with the U.S. Securities and Exchange
Commission, including its annual reports on Form 10-K and quarterly reports on
Form 10-Q which are available on NASDAQ OMX's website at
http://www.nasdaqomx.com and the SEC's website at www.sec.gov. NASDAQ OMX
undertakes no obligation to publicly update any forward-looking statement,
whether as a result of new information, future events or otherwise.
About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology,
information and public company services across six continents. Through its
diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize
and execute their business vision with confidence, using proven technologies
that provide transparency and insight for navigating today's global capital
markets. As the creator of the world's first electronic stock market, its
technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the
world's securities transactions. NASDAQ OMX is home to more than 3,400 listed
companies with a market value of over $8.5 trillion and more than 10,000
corporate clients. To learn more, visit www.nasdaqomx.com.
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular financial product or an overall
investment strategy. NASDAQ OMX makes no recommendation to buy or sell any
financial product nor any representation about the financial condition of any
company or fund. Statements regarding NASDAQ's proprietary indexes are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied. Past performance is not indicative of future
results. Investors should undertake their own due diligence and carefully
evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS
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Source: The NASDAQ OMX Group, Inc. via GlobeNewswire