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S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices

T.POU

Canada NewsWire

A Deletion from the S&P/TSX SmallCap Index

TORONTO, Sept. 12, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:  

Under a court-approved Arrangement Agreement, Trilogy Energy Corp. (TSX:TET) will merge with Paramount Resources Ltd. (TSX:POU). Terms are 1 share of POU for every 3.75 shares of TET. Trilogy Energy Corp. will be removed from the S&P/TSX SmallCap Index prior to the open of trading on Monday, September 18, 2017. At the same time, the relative weight of Paramount Resources will increase in relevant indices to reflect the issuance of shares as part of the transaction.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

SOURCE S&P Dow Jones Indices LLC.

View original content: http://www.newswire.ca/en/releases/archive/September2017/12/c6664.html