CCAA Protection for Performance Sports Group Ltd. (TSX:PSG)
TORONTO, Oct. 31, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Performance Sports Group Ltd. (TSX:PSG) has entered bankruptcy protection under CCAA and trading in the stock has been halted on TSX prior to the open on Monday, October 31, 2016. The stock will be removed from the S&P/TSX SmallCap Index after the close of trading on Tuesday, November 1, 2016, at zero price if trading does not resume. If the stock resumes trading on Tuesday, November 1, 2016, the MOC price will be used for index calculation purposes.
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 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 (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
For further information: Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, firstname.lastname@example.org; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, email@example.com