REG - LondonStockExGroup - Variation of lock-up arrangements

London Stock ExchangeAnnouncement

14/05/2024 17:00

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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
(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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