RNS Number : 4245O
London Stock Exchange Group PLC
14 May 2024
 

London Stock Exchange Group plc

FOR IMMEDIATE RELEASE

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

14 May 2024

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Variation of lock-up arrangements

London Stock Exchange Group plc ("LSEG" or the "Company") notes the announcement by York Holdings II Limited ("York Holdings II") and York Holdings III Limited ("York Holdings III" and together with York Holdings II, the "York Entities") (entities owned by BCP York Holdings (Delaware) L.P. (an entity owned by a consortium of certain investment funds affiliated with Blackstone Inc. and including an affiliate of Canada Pension Plan Investment Board, an affiliate of GIC Special Investments Pte. Ltd. and certain other co-investors) ("BCP York"), Thomson Reuters and certain other minority holders) (BCP York and the York Entities together, the "Consortium") in relation to a proposed placing of LSEG shares to institutional investors (the "Placing").

In accordance with LR 9.6.17R of the Listing Rules, LSEG notes that it has agreed to waive the lock-up arrangements contained in the Relationship Agreement entered into on completion of the Refinitiv transaction (the "Relationship Agreement") with respect to all outstanding shares in the Company held by the Consortium, including to enable the sale of LSEG shares in connection with the Placing.

LSEG further notes that, on completion of the Placing, the Relationship Agreement will terminate in accordance with its terms. Further details of the Relationship Agreement can be found at pages 65-70 of the prospectus published by the Company dated 9 December 2020, which is available on the Company's website at https://www.lseg.com/investor-relations/reports-results-and-ma/acquisition-refinitiv.

 

 

-  Ends -

For further information, please contact:

London Stock Exchange Group plc


Lucie Holloway, Rhiannon Davies (Media)

+44 (0)20 7797 1222

ir@lseg.com

Peregrine Riviere (Investors)

 

 

 

 

 

 

 

 

 

 

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