Plexure's growth recognized with global index inclusion
13 November 2019
Plexure has been added to the MSCI World Micro Cap Index, effective 26 November 2019. The MSCI World Micro Cap Index operates across 23 Developed Markets countries and is typically adjusted biannually in May and November. With 5,753 constituents, the index covers approximately one percent of the free float-adjusted market capitalization in each country.
Chief Executive Craig Herbison says Plexure's inclusion is a validation of how well the company is performing.
"We're thrilled to be recognized on the MSCI Micro Cap Index as one of three Kiwi newcomers, alongside Vista Group and Napier Port Holdings. It's a vote of confidence that our strategy and performance is being endorsed by the market."