Standard & Poor’s Canadian Index Operations announces the following index changes…
– The unitholders of Daylight Resources Trust (TSX:DAY.UN) have approved the conversion of the company to a corporate structure through a Plan of Arrangement. The units will be exchanged on a 1-for-1 basis for Daylight Energy Ltd. (TSX:DAY). As a result of the conversion, Daylight Resources Trust will be removed from the S&P/TSX Income Trust and Capped Energy Trust Indices. Daylight Energy Ltd. will be added to the S&P/TSX Equity, Capped Equity, Equity Completion and Equity SmallCap Indices. The conversion is effective after the close of Tuesday, May 11, 2010. The name and ticker change, with no change in capitalization, will be effective in the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the S&P/TSX SmallCap and the S&P/TSX Capped Energy indices.
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.
Source: ETFWorld – Standard & Poor’s Index
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