Leisureworld Senior Care Corporation

Leisureworld Senior Care Corporation

September 16, 2011 14:00 ET

Leisureworld Added to S&P/TSX SmallCap Index

MARKHAM, ONTARIO--(Marketwire - Sept. 16, 2011) - Leisureworld Senior Care Corporation (TSX:LW) today announced it will be included in the S&P/TSX SmallCap Index, effective after the close of trading on Friday, September 16, 2011.

"We are pleased with our inclusion in the S&P/TSX SmallCap Index, it will help to further elevate our capital market profile," said David Cutler, Chief Executive Officer of Leisureworld.

The S&P/TSX SmallCap Index provides investors with a portfolio index of the small cap market segment of the Canadian equity market, serving a dual purpose both as a benchmark as well as an investable index. Inclusion in the index is based on active trading volumes and a float adjusted market capitalization of between $100 million and $1.5 billion, among other eligibility criteria.

About Leisureworld

Leisureworld is the third largest licensed long-term care (LTC) provider in Ontario. The Company owns and operates 26 LTC homes, representing 4,314 beds across Ontario, Canada. Leisureworld also owns and operates three retirement residences comprising 323 suites and one independent living residence with 53 apartments. Leisureworld subsidiaries include: Preferred Health Care Services, an accredited provider of professional nursing and personal support services; Ontario Long Term Care, a provider of purchasing services, dietary, social work, and other regulated health professional services; and Tealwood Developments, a provider of laundry services to the Leisureworld Homes. For more information, please visit the Company's website at: www.leisureworld.ca.

Contact Information

  • Leisureworld Senior Care Corporation
    Bruce Wigle
    Investor Relations
    (416) 447-4740 ext 232