Source: London Stock Exchange Group
London Stock Exchange Group (the "Group") is releasing a trading update ahead of the General Meeting in connection with the Group's proposed acquisition of Frank Russell Company and associated fully underwritten rights issue, to be held today at 09:30, 10 September 2014.
This statement also forms a Pre-Close trading update before the Group enters a close period on 1 October 2014.
Since the last update on trading on 22 August 2014, trends are broadly unchanged. The Group has continued to see an encouraging pipeline of companies seeking to raise capital on the Group’s markets and aggregate revenues from trading in secondary markets in August increased on the same period last year. Both FTSE and LCH.Clearnet performed well in August.
The Group expects to announce its Interim results for the six months ending 30 September 2014 on 13 November 2014.