London Stock Exchange Group plc ("LSEG" or the "Company") announces that at the General Meeting of the Company held today relating to the proposed acquisition of a majority stake in LCH.Clearnet Group Limited ("LCH.Clearnet") (the "Transaction") which was announced on 9 March 2012, the resolution to approve the Transaction and to authorise the directors of the Company to take all necessary steps to implement the Transaction was duly passed by LSEG shareholders on a poll.
The number of shares in issue at the date of the meeting was 271,108,651 ordinary shares and each share attracted one vote. The results of the vote are as follows:
In Favour Against Withheld
Votes 224,573,937 196,669 1,513,803
% of votes cast 99.91% 0.09% N/A
In addition, LSEG is pleased to announce that at LCH.Clearnet's general meeting of shareholders held earlier today, LCH.Clearnet shareholders duly passed the proposed special resolution to adopt new articles of association of LCH.Clearnet conditional upon completion of the Transaction and authorise the directors of LCH.Clearnet to declare a special dividend with 34,032,447 (94.37 per cent.) of the votes received being in favour and 2,031,632 (5.63 per cent.) being against.
Completion of the Transaction is expected by the fourth quarter of 2012 and is subject to regulatory and other approvals, including anti-trust clearance.
Separately, this announcement is made by LCH.Clearnet Group Limited ("LCH.Clearnet") in connection with the proposed acquisition of a majority stake in LCH.Clearnet by the London Stock Exchange Group plc, announced on 9 March 2012 (the "Transaction").
LCH.Clearnet announces that at its general meeting of shareholders held earlier today, the following special resolution was duly passed on a poll by LCH.Clearnet's shareholders with 34,032,447 (94.37 per cent.) votes received being in favour and 2,031,632 (5.63 per cent.) being against:
a) the adoption of new articles of association of LCH.Clearnet conditional upon completion of the Transaction; and
b) the authorisation of the directors of LCH.Clearnet to declare a special dividend as an interim dividend on the terms set out in the Offer Document.
In addition, LCH.Clearnet is pleased to announce that at LSEG's general meeting of shareholders held earlier today, LSEG shareholders duly passed the resolution to approve the Transaction.
Completion of the Transaction is expected by the fourth quarter of 2012 and is subject to regulatory and other approvals, including anti-trust clearance.
Jacques Aigrain, Chairman of LCH.Clearnet said: "We are delighted that our shareholders have voted to support overwhelmingly our agreement to partner with LSEG. We look forward to working together to build on our respective strengths as we seek to deliver one of the premier global multi-asset, multi-venue clearing and risk management businesses."