A Spin-out from the S&P/TSX Global Mining Index
TORONTO, Feb. 13, 2013 /CNW/ - S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
On November 29, 2012, Gold Fields Limited (NYSE:GFI) announced the creation of a new South African gold mining company. The ADR shares of Sibanye Gold Limited (NYSE:SBGL) will be spun out from Gold Fields ADR on a 1-for-4 basis (each ADR of Sibanye Gold will represent 4 ordinary shares). The spunout ADR's of Sibanye Gold will be added to the S&P/TSX Global Mining, Global Gold and Equal Weight Global Gold Indices after the close of trading on Wednesday, February 20, 2013. At the same time, the close price of Gold Fields ADR will be reduced by one-quarter of the close price of when-issued Sibanye Gold ADR.
About S&P Dow Jones Indices
S&P Dow Jones Indices LLC, a subsidiary of The McGraw-Hill Companies is the world's largest, global resource for index-based concepts, data and research. Home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial AverageSM, S&P Dow Jones Indices LLC has over 115 years of experience constructing innovative and transparent solutions that fulfill the needs of institutional and retail investors. More assets are invested in products based upon our indices than any other provider in the world. With over 830,000 indices covering a wide range of assets classes across the globe, S&P Dow Jones Indices LLC defines the way investors measure and trade the markets. To learn more about our company, please visit www.spdji.com.
It is not possible to invest directly in an index. S&P Dow Jones Indices LLC, Dow Jones, and their respective affiliates, parents, subsidiaries, directors, officers, shareholders, employees and agents (collectively "S&P Dow Jones Indices") does not sponsor, endorse, sell, or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any S&P Dow Jones Indices index. This document does not constitute an offer of services in jurisdictions where S&P Dow Jones Indices or its affiliates do not have the necessary licenses. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties.
STANDARD & POOR'S and S&P are registered trademarks of Standard & Poor's Financial Services LLC. "Dow Jones" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones").
SOURCE: Standard & Poor's Canadian Index Operations
For further information:
Director, Canadian Index Operations
S&P Dow Jones Indices
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices