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

A Deletion from the S&P/TSX SmallCap Index

TORONTO , April 28, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:  

The shareholders of Savanna Energy Services Corp. (SVY.TO) have agreed to the terms of a cash and share takeover offer from Total Energy Services Inc. (TOT.TO). Shareholders of Savanna Energy Services will receive 0.13 shares of Total Energy Services and $CDN0.20 cash for each share held. The shares of Savanna Energy Services will be removed from the S&P/TSX SmallCap Index prior to the open of trading on Friday, May 5, 2017 .

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


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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (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/April2017/28/c3821.html