- SGS (Switzerland, SEDOL: 4824778, GICS: Industrials, GICS Code: 20202020) will replace British Energy Plc (London, SEDOL: B04QKW5, GICS: Utilities, GICS Code: 55101010) in the S&P Europe 350 Index and will be added to S&P Euro Plus and S&P Europe 350 Indices following the acquisition of British Energy by EDF of France.
- SGS is a global Industrial Services provider group. The number of shares outstanding will be 7,822,000 and the Investable Weight Factor will be 0.613. The company will be added to the S&P Europe 350 GICS (Global Industry Classification Standard) Research and Consulting Services sub-industry.
Following is the summary of the announced addition and deletion:
S&P Europe 350, S&P Euro Plus, and S&P Euro – close of trading 02 January 2009: | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | SGS | Industrials | Research and Consulting Services |
DELETED | British Energy Plc | Utilities | Electric Utilities |