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London Stock Exchange Group PLC (LSE.L)

LSE.L on London Stock Exchange

3,799.00GBp
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Blackrock To Support Chairman Donald Brydon In London Stock Exchange-TCI Row- Source
Wednesday, 13 Dec 2017 08:30am EST 

Dec 13 (Reuters) - :BLACKROCK TO SUPPORT CHAIRMAN DONALD BRYDON IN LONDON STOCK EXCHANGE-TCI ROW- SOURCE.  Full Article

London Stock Exchange Group Appoints Val Rahmani As Non-Executive Director
Tuesday, 5 Dec 2017 09:57am EST 

Dec 5 (Reuters) - London Stock Exchange Group Plc ::DIRECTORATE CHANGE.LONDON STOCK EXCHANGE GROUP PLC - VAL RAHMANI WILL JOIN GROUP BOARD AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR, WITH EFFECT FROM 20 DECEMBER 2017.  Full Article

TCI Says Several LSE Non-Exec Directors Qualified To Be Interim Chair
Monday, 4 Dec 2017 07:33am EST 

Dec 4 (Reuters) - TCI FUND MANAGEMENT ::SAYS LSE'S NON-EXECUTIVE DIRECTORS HAVE COMMITTED TO REMAIN IN PLACE IF DONALD BRYDON IS REMOVED‍​‍​.SAYS SEVERAL OF LSE'S NON-EXECUTIVE DIRECTORS ARE QUALIFIED TO SERVE AS INTERIM CHAIRMAN - PRESENTATION FOR LSE EGM ON DEC.19.  Full Article

LSE Recommends Shareholders To Vote Against Resolution To Remove Donald Brydon As Chairman
Thursday, 30 Nov 2017 12:05pm EST 

Nov 30 (Reuters) - London Stock Exchange Group Plc ::LONDON STOCK EXCHANGE PLC SAYS BELIEVES XAVIER ROLET STEPPING DOWN AS CEO WITH IMMEDIATE EFFECT IN "BEST INTERESTS OF THE COMPANY" ‍​.LONDON STOCK EXCHANGE PLC SAYS BOARD BELIEVES THAT THE RESOLUTION TO REMOVE DONALD BRYDON AS CHAIRMAN IS NOT IN THE BEST INTERESTS OF THE COMPANY ‍​.LONDON STOCK EXCHANGE GROUP - STRONGLY BELIEVES IT IS IN BEST INTERESTS OF THE CO FOR DONALD BRYDON TO REMAIN AS CHAIRMAN OF CO UNTIL HE STEPS DOWN IN 2019‍​.LONDON STOCK EXCHANGE SAYS BOARD UNANIMOUSLY RECOMMENDS THAT SHAREHOLDERS VOTE AGAINST RESOLUTION TO REMOVE DONALD BRYDON AS CHAIRMAN AT THE MEETING.DISCUSSED WITH FCA THE BOARD’S STRONG PREFERENCE FOR DONALD BRYDON TO REMAIN AS CHAIRMAN UNTIL 2019 ANNUAL GENERAL MEETING.  Full Article

London Stock Exchange Group To Hold Shareholer Meeeting On 19 December​
Thursday, 30 Nov 2017 11:48am EST 

Nov 30 (Reuters) - London Stock Exchange Group Plc ::TO HOLD SHAREHOLER MEEETING ON 19 DECEMBER​.  Full Article

TCI Fund Management To Not Withdraw Resolution To Remove Donald Brydon As LSE Chair
Thursday, 30 Nov 2017 07:16am EST 

Nov 30 (Reuters) - TCI FUND MANAGEMENT - :REQUISITIONED ORDINARY RESOLUTION TO REMOVE DONALD BRYDON AS DIRECTOR OF LSE SHOULD PROCEED TO GENERAL MEETING BY NO LATER THAN DEC 28‍​‍​ ‍​.SAYS WE AGREE TO WITHDRAW SPECIAL RESOLUTION REGARDING TERMINATION OF THE SEARCH FOR NEW CEO; XAVIER ROLET REMAINING AS CEO OF LSEG UNTILL 2021.  Full Article

LSE Says Xavier Rolet Agreed To Step Down As CEO
Wednesday, 29 Nov 2017 02:00am EST 

Nov 29 (Reuters) - London Stock Exchange Group Plc ::AT BOARD'S REQUEST, XAVIER ROLET HAS AGREED TO STEP DOWN AS CEO WITH IMMEDIATE EFFECT​.‍BOARD HAS ASKED DAVID WARREN, CFO, TO ASSUME ADDITIONAL ROLE OF INTERIM CEO UNTIL A SUCCESSOR IS APPOINTED​.‍DONALD BRYDON HAS INDICATED THAT HE WILL NOT STAND FOR RE-ELECTION AT ANNUAL GENERAL MEETING OF LSEG IN 2019​.  Full Article

TCI Fund Management says BoE, FCA need to intervene in LSE board issues
Tuesday, 21 Nov 2017 11:43am EST 

Nov 21 (Reuters) - TCI Fund Management Ltd::TCI FUND MANAGEMENT LTD ISSUES STATEMENT REGARDING LSE‍​.SAYS "APPEARS TO US THAT XAVIER ROLET IS BEING IMPROPERLY THREATENED BY THE BOARD"."IT WOULD BE INAPPRO‍​PRIATE FOR BOARD TO UNDERTAKE CHARACTER ASSASSINATION OF ROLET IN SHAREHOLDER CIRCULAR REQUIRED FOR UPCOMING GENERAL MEETING" ‍​.SAYS INSIST THAT NON-EXECUTIVE DIRECTORS OF LSE BOARD IMMEDIATELY PROVIDE FCA AND GOVERNOR OF BOE WITH FULL DETAILS OF THE SITUATION.SAYS BANK OF ENGLAND AND THE FCA BOTH NEED TO IMMEDIATELY INTERVENE TO INSTRUCT THE LSE BOARD TO APPOINT A NEW CHAIRMAN.  Full Article

LSE receives letter of requisition from legal custodian of Children's Investment Master Fund​‍​
Friday, 10 Nov 2017 05:54am EST 

Nov 10 (Reuters) - London Stock Exchange Group Plc ‍​:‍CONFIRMS THAT, ON 9 NOVEMBER 2017, IT RECEIVED A LETTER OF REQUISITION FROM LEGAL CUSTODIAN OF CHILDREN'S INVESTMENT MASTER FUND​.‍WILL MEET ITS OBLIGATIONS IN RESPECT OF REQUISITION​.‍COMPANY IS REQUIRED TO GIVE NOTICE TO CONVENE A REQUISITIONED MEETING WITHIN 21 DAYS OF A VALID REQUISITION​.  Full Article

London Stock Exchange issues statement regarding CEO succession planning
Monday, 6 Nov 2017 02:00am EST 

Nov 6 (Reuters) - LONDON STOCK EXCHANGE GROUP PLC ::LSEG STATEMENT RE CEO SUCCESSION PLANNING.‍NOTES LETTER RECEIVED FROM TCI MANAGEMENT LIMITED TODAY​.‍FCA WAS KEPT INFORMED THROUGHOUT PROCESS AND EMPHASISED IMPORTANCE OF PLAN FOR AN ORDERLY SUCCESSION​.‍LSEG HAS FOLLOWED A PROPER GOVERNANCE PROCESS TO PLAN AN ORDERLY SUCCESSION FOR CEO​.‍XAVIER ROLET WILL BE PROVIDING INPUT INTO PROCESS TO IDENTIFY HIS SUCCESSOR​.ROLET ‍IS FOCUSSED ON HIS ROLE AS CEO UNTIL HIS SUCCESSOR IS APPOINTED​.  Full Article

Qatar sovereign fund backs LSE chairman in activist stand-off-source

DUBAI, Dec 12 Qatar's sovereign wealth fund has thrown its support behind the embattled chairman of the London Stock Exchange Group, who is facing calls from an activist shareholder to be removed, a source familiar with the matter said on Tuesday.