TORONTO, June 1, 2012 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of NAL Energy Corporation (TSX:NAE) have accepted the share exchange offer from Pengrowth Energy Corporation (TSX:PGF). NAL Energy will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX SmallCap and Equity SmallCap, the S&P/TSX Composite Dividend, the S&P/TSX Equity Income, the S&P/TSX Composite Equal Weight and the S&P/TSX Capped Energy Indices.
As a result of the issuance of shares as part of the acquisition of NAL Energy Corporation, the relative weight of Pengrowth Energy Corporation (TSX:PGF) will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Equity Income, the S&P/TSX Completion and Equity Completion, the S&P/TSX Capped Energy and the S&P/TSX Composite Dividend indices. There will be no weight change effective in the S&P/TSX Composite Equal Weight Index. These changes will be effective after close on Tuesday, June 5, 2012.
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.
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