CALGARY, Sept. 17, 2013 /CNW/ - Solium Capital Inc. ("Solium") (TSX: SUM), the leading global provider of software-as-service for equity administration, financial reporting and compliance, today announced that Solium shares will be added to the S&P/TSX SmallCap Index, effective after the close of trading on Friday, September 21, 2013 as part of an annual review of the index.
"The addition of Solium into the S&P/TSX SmallCap Index is another milestone in our history as a publicly traded company. Our inclusion in this index should both increase our exposure to potential investors and provide for enhanced trading liquidity of our stock," said Mike Broadfoot, Managing Director, President and CEO of Solium.
The S&P/TSX SmallCap Index provides an investable index for the Canadian small-cap market. The index is float adjusted and market cap weighted and was developed with industry input as the ideal benchmark for those with small cap exposure of the Canadian equity market. The Toronto Stock Exchange (TSX) serves as the distributor of both real-time and historical data for this index.
Solium Capital Inc. (TSX: SUM) provides cloud-enabled services for global equity-based incentive plans administration, financial reporting and compliance. From operation centers in the United States, Canada, the United Kingdom and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 150 countries. Follow us @Solium and visit us at solium.com.
SOURCE: Solium Capital Inc.
For further information:
Aaron Kabucis, CFA
TMX | Equicom
416.815.0700 x 230