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Five Below Set to Join the S&P SmallCap 600

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NEW YORK, Dec. 17, 2015 /PRNewswire/ -- Five Below, Inc. (NASD:FIVE) will replace UIL Holdings Corp. (NYSE: UIL) in the S&P SmallCap 600 after the close of trading on Friday, December 18. UIL Holdings is merging with Iberdrola USA in a deal completed today.

Five Below operates as a specialty value retailer.  Headquartered in Philadelphia, PA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Specialty Stores Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX – December 18, 2015


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Five Below

Consumer Discretionary

Specialty Stores

DELETED

UIL Holdings

Utilities

Electric Utilities

Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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New York, USA
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(+1) 212 438 1471
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/five-below-set-to-join-the-sp-smallcap-600-300194523.html

SOURCE S&P Dow Jones Indices

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