S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
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.
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SOURCE Standard & Poor's Canadian Index Operations
Tony North, Director, Canadian Index Operations
S&P Dow Jones Indices
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices