A Deletion from the S&P/TSX Composite and Capped REIT
Indices
TORONTO, April 3, 2013 /CNW/ - S&P Dow Jones Canadian
Index Services will make the following changes in the S&P/TSX
Canadian Indices:
The unitholders of Primaris Retail REIT (TSX:
PMZ.UN) have agreed to the Plan of Arrangement with H&R Real
Estate Investment Trust (TSX:HR.UN). Primaris Retail REIT
unitholders will receive $28 cash or
1.166 units of H&R REIT (or a combination of the two) for each
unit held. Primaris Retail REIT will be removed from the
S&P/TSX Composite, Capped Composite and Composite Equal Weight,
the S&P/TSX Completion, the S&P/TSX Capped REIT, Capped
Real Estate and Income Trust, the S&P/TSX Composite Dividend
and the S&P/TSX Equity Income Indices after the close of
trading on Monday, April 8, 2013. At
the same time, the relative weight of H&R REIT will increase in
the S&P/TSX Composite and Capped Composite, the S&P/TSX
Completion, the S&P/TSX Capped REIT, Capped Real Estate and
Income Trust, the S&P/TSX Composite Dividend and the
S&P/TSX Equity Income Index to reflect the issuance of new
units as part of the transaction. There will be no weight change
for H&R REIT in the S&P/TSX Composite Equal Weight or the
S&P/TSX Composite Low Volatility Indices.
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SOURCE Standard & Poor's Canadian Index Operations