Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
03 September 2010 - 7:17AM
PR Newswire (Canada)
TORONTO, Sept. 2 /CNW/ -- TORONTO, Sept. 2 /CNW/ - Standard &
Poor's Canadian Index Operations announces the following index
changes: - The unitholders of Vermilion Energy Trust (TSX:VET.UN)
have approved the conversion of the company to a corporate
structure through a Plan of Arrangement. The units will be
exchanged on a 1-for-1 basis for Vermilion Energy Inc. (TSX:VET).
As a result of the conversion, Vermilion Energy Trust will be
removed from the S&P/TSX Income Trust and Capped Energy Trust
Indices. Vermilion Energy Inc. will be added to the S&P/TSX
Equity, Capped Equity and Equity Completion Indices. The conversion
is effective after the close of Friday, September 3, 2010. The name
and ticker change, with no change in capitalization, will be
effective in the S&P/TSX Composite and Capped Composite, the
S&P/TSX Completion and the S&P/TSX Capped Energy indices.
Company additions to and deletions from an S&P equity index do
not in any way reflect an opinion on the investment merits of the
company. About S&P Indices S&P Indices, the world's leading
index provider, maintains a wide variety of investable and
benchmark indices to meet an array of investor needs. Over $1.25
trillion is directly indexed to Standard & Poor's family of
indices, which includes the S&P 500, the world's most followed
stock market index, the S&P/Case-Shiller Home Price Indices,
the leading measure of U.S. home prices, the S&P Global BMI, an
index with approximately 11,000 constituents, the S&P GSCI, the
industry's most closely-watched commodities index and the S&P
National AMT-Free Municipal Bond Index, the premier investable
index for U.S. municipal bonds. For more information, please visit
www.standardandpoors.com/indices. About Standard & Poor's
Standard & Poor's, a subsidiary of The McGraw-Hill Companies
(NYSE: MHP), is the world's foremost provider of independent credit
ratings, indices, risk evaluation, investment research and data.
With offices in 23 countries and markets, Standard & Poor's is
an essential part of the world's financial infrastructure and has
played a leading role for nearly 150 years in providing investors
with the independent benchmarks they need to feel more confident
about their investment and financial decisions. For more
information, visit: www.standardandpoors.com. Tony North, (416)
507-3204, sp_index@standardandpoors.com; Dave Guarino, 1 212 438
1471, Dave_guarino@standardandpoors.com
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