TORONTO, April 5, 2021 /CNW/ - S&P Dow Jones Indices
announces the following changes to the S&P/TSX Composite
Index:
The shareholders of ARC Resources Ltd. (TSX:ARX) and Seven
Generations Energy Ltd. (TSX:VII) have agreed to the terms of a
Plan of Arrangement resulting in the combination of the two
companies. Each share of Seven Generations Energy Ltd. will be
exchanged for 1.108 shares of ARC Resources Ltd. Seven Generations
Energy Ltd. will be removed from the S&P/TSX Composite Index
prior to the open of trading on April 8,
2021. The shares outstanding of ARC Resources Ltd. will be
increased at the same time to reflect the issuance of shares.
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visit www.spdji.com
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