S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices

A Share Update in the S&P/TSX Composite Index

TORONTO, Aug. 4, 2016 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

Emera Incorporated (TSX:EMA) has completed the acquisition of TECO Energy, Inc. (NYSE:TE). TECO Energy shareholders will receive $US27.55 cash per share held. To reflect the issuance of common shares of Emera as part of the financing of the transaction, the relative weight of Emera will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX 60 and 60 Capped, the S&P/TSX 60 Fossil Fuel Free, the S&P/TSX Composite Dividend, the S&P/TSX Composite High Dividend and the S&P/TSX Capped Utilities Indices. There will be no change to the relative weight for Emera in the S&P/TSX Composite Equal Weight, the S&P/TSX Canadian Dividend Aristocrats, the S&P/TSX 60 Equal Weight or the S&P/TSX Composite Low Volatility Indices. These changes will be effective after the close of trading on Thursday, August 11, 2016.

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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

SOURCE S&P Dow Jones Indices

Tony North, Director, Canadian Index Operations, S&P Dow Jones Indices, (+) 416 507 3204, [email protected]; David Blitzer, Managing Director and Chairman of the Index Committee, S&P Dow Jones Indices, (+) 212 438 3907, [email protected]