London Stock Exchange Group PLC Completion of share purchase by Microsoft (2969O)
31 January 2023 - 1:35AM
UK Regulatory
TIDMLSEG
RNS Number : 2969O
London Stock Exchange Group PLC
30 January 2023
London Stock Exchange Group plc
Strategic Partnership with Microsoft - Completion of Share
Purchase
London Stock Exchange Group plc ("LSEG") today announces that,
further to its announcement of 12 December 2022 with respect to its
10-year strategic partnership with Microsoft Corporation
("Microsoft"), Microsoft has completed the acquisition of
21,164,022 voting ordinary shares in LSEG from York Holdings II
Limited ("Holdings II") and York Holdings III Limited ("Holdings
III"), entities owned by certain investment funds affiliated with
Blackstone, an affiliate of Canada Pension Plan Investment Board
and an affiliate of GIC Special Investments Pte. Ltd, and by
Thomson Reuters, the former Refinitiv shareholders. As a result of
the acquisition, Microsoft holds a voting interest in LSEG of
approximately 4.2%, based on the total voting rights in LSEG as of
close of business on 27 January 2023.
In accordance with LR 9.6.16R of the FCA's Listing Rules, LSEG
notes that the disposal by Holdings II and Holdings III to
Microsoft was made pursuant to a variation of the lock-up
arrangements contained in the Relationship Agreement entered into
on completion of the Refinitiv transaction, as set out in further
detail in the announcement of 12 December 2022.
- Ends -
For further information, please contact:
London Stock Exchange Group
plc
Lucie Holloway, Rhiannon +44 (0)20 7797 1222
Davies (Media) ir@lseg.com
Peregrine Riviere, Chris
Turner (Investors)
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END
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