A Deletion from the S&P/TSX SmallCap Index

TORONTO, April 28, 2017 /CNW/ - S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:  

The shareholders of Savanna Energy Services Corp. (TSX:SVY) have agreed to the terms of a cash and share takeover offer from Total Energy Services Inc. (TSX:TOT). Shareholders of Savanna Energy Services will receive 0.13 shares of Total Energy Services and $CDN0.20 cash for each share held. The shares of Savanna Energy Services will be removed from the S&P/TSX SmallCap Index prior to the open of trading on Friday, May 5, 2017.

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SOURCE S&P Dow Jones Indices LLC.

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