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. (TSX:SVY) have agreed to the terms of a cash and share takeover offer from Total Energy Services Inc. (TSX:TOT). 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.
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For further information: Tony North, Director, Canadian Index Operations, Toronto, Ontario, (+1) 416 507 3204, email@example.com; David Blitzer, Managing Director and Chairman of the Index Committee, New York, USA, (+1) 212 438 3907, firstname.lastname@example.org