Source: Icap
Icap is pleased that the shareholders of Plus Markets Group plc ("PMG") have today approved the sale of Plus Stock Exchange plc ("Plus") to Icap. Icap will now work to complete the transaction without delay.
This transaction gives the companies quoted on PLUS the security and confidence that their listing venue will continue trading and be further developed by ICAP. Upon completion, ICAP will recapitalise PLUS and provide the necessary funds to build and develop the market. ICAP looks forward to working with issuers, sponsors, brokers and employees to develop the market over the long term.