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Allegiance Bancshares Set to Join S&P SmallCap 600

NEW YORK, Oct. 7, 2019 /PRNewswire/ -- Allegiance Bancshares Inc. (ABTX) will replace Monotype Imaging Holdings Inc. (TYPE) in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 11. HGGC LLC is acquiring Monotype Imaging Holdings in a deal expected to be completed on or about that date pending final conditions.

Allegiance Bancshares provides a range of commercial banking services. Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – October 11, 2019


COMPANY

GICS ECONOMIC
SECTOR

GICS SUB-INDUSTRY

ADDED

Allegiance
Bancshares

Financials

Regional Banks

DELETED

Monotype Imaging
Holdings

Information Technology

Application Software

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