Result of General Meeting

RNS Number : 8142Z

London Stock Exchange Group PLC

19 December 2017

 

19 December 2017

London Stock Exchange Group plc

Result of General Meeting 

At London Stock Exchange Group plc's ("LSEG" or the "Company") General Meeting held earlier today, a majority of shareholders voted with the Board against the proposed resolution to remove Donald Brydon.

Full details of the proposed resolution are set out in the notice to the LSEG General Meeting contained in the circular posted to LSEG shareholders on 30 November 2017.

The table below sets out the results of the poll at LSEG's General Meeting on 19 December 2017.  Each LSEG Shareholder, present in person or by corporate representative or proxy, was entitled to one vote per LSEG share held at the voting record time.

		FOR		AGAINST		TOTAL		WITHHELD
	RESOLUTION	Number of Votes	% of Votes	Number of Votes	% of Votes	Number of Votes	% of Relevant Shares in Issue *	Number of Votes
	Ordinary resolution To remove Donald Brydon as a director of the Company with immediate effect	56,193,422	20.93	212,350,852	79.07	268,544,274	77.45%	8,943,615

*based on total issued share capital (excluding 3,794,585 ordinary shares held in treasury)

Commenting on the result of the General Meeting, Donald Brydon, Chairman of LSEG, said:

"The Board would like to thank shareholders for their support today.  The Board and I welcome the stability that this gives the Group. The recruitment process for a new CEO is underway and we will update our shareholders in due course."

David Warren, Interim CEO and CFO of LSEG, also said:

"The Group remains well positioned. The senior management team and I continue to focus on executing on our clearly articulated long-term growth strategy and targets in addition to our ambition to drive global growth and further develop our customer partnership approach.  I look forward to updating shareholders again with LSEG's Preliminary Results in March 2018."

Notes

1.   Please note a 'vote withheld' is not a vote under English Law and is not counted in the calculation of votes 'for' and 'against' the resolution.

2.   Shareholders are entitled to one vote per share.

3.   As at 6.30pm on 15 December 2017, the issued share capital of the Company consisted of 350,531,339 ordinary shares. At that time, the register of members of the Company recorded that 3,794,585 of those ordinary shares were held as treasury shares. Therefore, the total voting rights as at that time were 346,736,754.

4.   The percentages above are rounded to two decimal places.

Results of the poll will also be available shortly on the Company's website:  https://www.lseg.com/investor-relations/general-meeting-december-2017

Further information is available from:

London Stock Exchange Group plc

Lucie Holloway/ Ramesh Chhabra	Media	[phone]
Paul Froud	Investor Relations	[phone]
FTI Consulting
James Melville-Ross		[phone]
Charlie Palmer		[phone]

 

END

 

 

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