London Stock Exchange Plc Tokyo AIM Inc disposal

RNS Number : 1476A

London Stock Exchange Group PLC

27 March 2012

 



27 March 2012

LONDON STOCK EXCHANGE plc TO DISPOSE OF INTEREST IN TOKYO AIM, Inc.

London Stock Exchange plc has entered into an agreement with Tokyo Stock Exchange Group, Inc. to sell its 49% stake in Tokyo AIM, Inc. to Tokyo Stock Exchange Group, Inc., for a cash consideration of £1.3 million plus a royalty payment of £200,000.

Closing of the transaction is subject to customary conditions and is expected to occur on 28 March 2012. 

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For further information please contact:

Tom Gilbert                                        Press Office [phone]

                                                            [e-mail]

Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,850 people.

Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com

 

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