TORONTO, March 1, 2022 /CNW/ - S&P Dow Jones
Indices announces the following changes to the S&P/TSX
Composite Index:
The shareholders of Newcrest Mining Limited (TSX: NCM) and
Pretium Resources Inc. (TSX: PVG) have agreed to the terms of a
Plan of Arrangement resulting in the combination of the two
companies. Each share of Pretium Resources will be exchanged for
0.8084 shares of Newcrest Mining or C$18.50 cash subject to proration to ensure
aggregate cash and Newcrest share consideration each represent 50%
of total transaction consideration.
Pretium Resources will be removed from the S&P/TSX Composite
Index prior to the open of trading on March
9, 2022.
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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SOURCE S&P Dow Jones Indices LLC.
