London Stock Exchange Group PLC Annual Financial Report and Notice of AGM (1997U)
25 March 2023 - 12:15AM
UK Regulatory
TIDMLSEG
RNS Number : 1997U
London Stock Exchange Group PLC
24 March 2023
London Stock Exchange Group plc Annual Report and Accounts,
Notice of Annual General Meeting, Sustainability Report, Climate
Report, Global Pay Equity Report, Modern Slavery Statement, and
related documents.
24 March 2023
The Annual Report and Accounts of London Stock Exchange Group
plc ("LSEG" or the "Company") for the year ended 31 December 2022
(the "Annual Report") and the Notice of Annual General Meeting 2023
(the "AGM Notice") and related form of proxy for the Company's 2023
Annual General Meeting (the "AGM") are being mailed to shareholders
today and, in accordance with paragraph 9.6.1 of the FCA Listing
Rules, have been submitted to the National Storage Mechanism where
they will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism .
The Annual Report and AGM Notice are also available on the
Company's website at https://www.lseg.com/investor-relations .
As announced in the Company's Preliminary Results for the year
ended 31 December 2022, a special resolution (the "Resolution")
seeking authority from shareholders to make off-market purchases of
voting ordinary shares and/or Limited-voting Ordinary Shares from
the Consortium Shareholders (as defined in the Resolution set out
in the AGM Notice), or their nominee(s), will be proposed at the
AGM.
Under the proposed terms of the Directed Buyback Contract, the
Company may agree with the Consortium Shareholders to make
off-market purchases of its voting ordinary shares and/or
Limited-voting Ordinary Shares at such times and on such number of
occasions as the Independent Directors (as defined in the AGM
Notice) may determine: (a) by way of one or more standalone
purchases; (b) in conjunction with any offer or sale by the
Consortium Shareholders (or their nominee(s)) by way of or
including an institutional placing; or (c) through a broker-managed
directed trading programme, subject in each case to certain agreed
parameters.
Authority to enter into the Directed Buyback Contract would, if
approved, give the Company the flexibility, if appropriate at the
relevant time and with the agreement of the Consortium
Shareholders, to reduce the holdings of the Consortium Shareholders
in the Company which would otherwise likely be sold into the market
in due course. The Independent Directors will only exercise the
power to conduct off-market purchases if they conclude at the
relevant time it is in the best interests of the Company and its
shareholders as a whole.
Full details of the proposal are set out in the AGM Notice. LSEG
has also published today the following documents:
-- Sustainability Report 2022;
-- Climate Report 2022;
-- Global Pay Equity Report 2022; and
-- Modern Slavery and Human Trafficking Statement 2022,
which are available at
https://www.lseg.com/investor-relations/sustainability .
This announcement is made in accordance with DTR 6.3.5R(1A).
For further information, please contact:
Peregrine Riviere (Investors) ir@lseg.com
Lucie Holloway, Rhiannon Davies +44 (0) 20 7797
(Media) 1222
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ACSEADDLAENDEFA
(END) Dow Jones Newswires
March 24, 2023 09:15 ET (13:15 GMT)
London Stock Exchange (LSE:LSEG)
Historical Stock Chart
From Mar 2024 to Apr 2024
London Stock Exchange (LSE:LSEG)
Historical Stock Chart
From Apr 2023 to Apr 2024