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January 28, 2021

LSEG all-share acquisition of Refinitiv - update

Further to the announcement on 19 January 2021, London Stock Exchange Group plc (“LSEG” or the “Company”) confirms that, subject to completion of its all-share acquisition of Refinitiv (the “Transaction”) occurring on 29 January as expected, 179,610,123 consideration shares comprising: (i) 112,254,597 voting ordinary shares with a nominal value of 679/86 pence each; and (ii) 67,355,526 limited-voting ordinary shares with a nominal value of 679/86 pence each (which limited-voting ordinary shares will not be admitted to listing or trading), will be issued to the Refinitiv Sellers to satisfy the consideration due under the terms of the Transaction.

LSEG also confirms, as described in the prospectus published on 9 December 2020 (the “Prospectus”), that admission of the entire enlarged voting ordinary share capital of LSEG (including the 112,254,597 voting ordinary shares issued to the Refinitiv Sellers), consisting of a total of 463,841,689 voting ordinary shares, to the premium segment of the Official List and to trading on London Stock Exchange’s Main Market is also expected to take place at 8:00am on 29 January 2021 (“Admission”).

Subject to Admission, LSEG confirms that its share capital will consist of: (i) 463,841,689 voting ordinary shares with a nominal value of 679/86 pence each, which carry one vote each; and (ii) 67,355,526 limited-voting ordinary shares with a nominal value of 679/86 pence each, which carry one tenth of a vote each. LSEG does not hold any shares in treasury. 

Unless defined otherwise, capitalised terms in this announcement shall have the same meaning as in the Prospectus.

This announcement is made on behalf of LSEG by Lisa Condron, the Group Company Secretary of LSEG.

About London Stock Exchange Group

LSEG (London Stock Exchange Group) is a leading provider of financial markets infrastructure and a global supplier of data and analytics, news and index products.

We help businesses and economies fund innovation, manage their risk and create jobs by supporting customers at every point in the trade lifecycle – from making pre-trade decisions and executing those trades to raising capital and settlement.

With 23,000 people in 70 countries, we draw on 300 years of knowledge and experience to help drive financial stability, empower economies and enable sustainable growth.
 

Contacts

London Stock Exchange Group plc
Media
Lucie Holloway / Rhiannon Davies
Financial Communications
+44 (0) 20 7797 1222
newsroom@lseg.com

Investor Relations
Paul Froud
Group Head of Investor Relations
+44 (0) 20 7797 3322
ir@lseg.com

Teneo
(Communications Adviser to LSEG)
Lucas van Praag
Philip Gawith
Doug Campbell
+44 (0)20 7420 3183