Result of Shareholder General Meeting

RNS Number : 7189A

London Stock Exchange Group PLC

03 April 2012

 



3 April 2012

LONDON STOCK EXCHANGE GROUP PLC

General Meeting Resolution Results Relating to the proposed acquisition of a majority stake in lch.clearnet group limited

London Stock Exchange Group plc ("LSEG" or the "Company") announces that at the General Meeting of the Company held today relating to the proposed acquisition of a majority stake in LCH.Clearnet Group Limited ("LCH.Clearnet") (the "Transaction") which was announced on 9 March 2012, the resolution to approve the Transaction and to authorise the directors of the Company to take all necessary steps to implement the Transaction was duly passed by LSEG shareholders on a poll.

The number of shares in issue at the date of the meeting was 271,108,651 ordinary shares and each share attracted one vote. The results of the vote are as follows:

	In Favour	Against	Withheld
Votes	224,573,937	196,669	1,513,803
% of votes cast	99.91%	0.09%	N/A

In addition, LSEG is pleased to announce that at LCH.Clearnet's general meeting of shareholders held earlier today, LCH.Clearnet shareholders duly passed the proposed special resolution to adopt new articles of association of LCH.Clearnet conditional upon completion of the Transaction and authorise the directors of LCH.Clearnet to declare a special dividend with 34,032,447 (94.37 per cent.) of the votes received being in favour and 2,031,632 (5.63 per cent.) being against.

Completion of the Transaction is expected by the fourth quarter of 2012 and is subject to regulatory and other approvals, including anti-trust clearance.

Notes to the table:

o  Votes in favour include proxy votes where the Chairman was given discretion how to vote.

o  Votes withheld are not counted in the calculation of the proportion of votes for or against a resolution.

o  In accordance with Listing Rules 9.6.2R and 9.6.3R, the full textof the resolutions passed at the LSEG General Meeting has been submitted to the UK Listing Authority.  They will shortly be available for inspection at the National Storage Mechanism at: www.Hemscott.com/nsm.do

For further information, please contact:

LSEG
Victoria Brough (Media)	[phone]
Paul Froud (Investor Relations)	[phone]

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 and 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 1,900 people.

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

 

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