LGI Homes Set to Join the S&P SmallCap 600

NEW YORK, July 20, 2016 /PRNewswire/ -- LGI Homes Inc. (NASD:LGIH) will replace Krispy Kreme Doughnuts Inc. (NYSE:KKD) in the S&P SmallCap 600 after the close of trading on Wednesday, July 27. JAB Holdings is acquiring Krispy Kreme Doughnuts in a deal expected to be completed on or about that date pending final approvals.

LGI Homes engages in the design, construction, marketing, and sale of new homes. Headquartered in The Woodlands, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Homebuilding Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – JULY 27, 2016
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	LGI Homes	Consumer Discretionary	Homebuilding
DELETED	Krispy Kreme	Consumer Discretionary	Restaurants

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FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
([phone]
[e-mail]

Soogyung Jordan
Global Head of Communications
New York, USA
([phone]
[e-mail]

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SOURCE S&P Dow Jones Indices

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