LSE shareholders back revised LCH.Clearnet offer

London Stock Exchange Group plc ("LSEG"") announces that at its General Meeting, held today, relating to the revised offer for a majority stake in LCH.Clearnet Group Limited ("LCH.Clearnet"), the resolution to approve such revised offer and the related capital raise (together, 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.

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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                   223,214,752            374,126           471,891

% of votes cast       99.83%                 0.17%                 N/A

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 text of 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: Hemscott.com/nsm.do

LSEG is pleased to announce that at LCH.Clearnet's general meeting of shareholders also held earlier today, LCH.Clearnet shareholders duly passed the proposed special resolution to, inter alia:

(i) adopt new articles of association of LCH.Clearnet conditional upon completion of the Transaction;
(ii) approve the terms of the capital raise; and
(iii) increase the directors' authority to allot shares for the purpose of the capital raise,

In addition, LSEG has received a letter of non-objection from the Financial Services Authority in relation to the Transaction. Completion of the Transaction, subject to satisfaction of certain conditions, is expected in the second quarter of 2013. 

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Comments: (1)

Gary Wright

Gary Wright 

Great LSE now move on and build from here. Aquisitions must be looked at to increase coverage. NYSE Euronext looks tempting

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