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London Stock Exchange Group PLC (LSE.L)

LSE.L on London Stock Exchange

3,708.00GBp
17 Jan 2018
Change (% chg)

9.00 (+0.24%)
Prev Close
3,699.00
Open
3,680.00
Day's High
3,715.00
Day's Low
3,678.00
Volume
166,154
Avg. Vol
803,481
52-wk High
4,069.00
52-wk Low
2,933.00

Latest Key Developments (Source: Significant Developments)

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

LSE CEO Rolet says no changes to operational, financial and M&A stratergy
Thursday, 19 Oct 2017 03:52am EDT 

Oct 19 (Reuters) - London Stock Exchange Group Plc :LSE GROUP'S CEO ROLET- "I AM COMPLETELY COMMITTED TO ACHIEVING A SMOOTH TRANSITION".LSE GROUP'S CEO ROLET- "I'M FOCUSED ENTIRELY AT THE MOMENT ON EXECUTING A SMOOTH SUCCESSION, EXECUTION OF LSE'S 3 YEAR PLAN".LSE GROUP'S CEO ROLET- "THE FACT THAT I AM GOING TO BE HERE FOR SOMETIME, MEANS IT WILL BE BUSINESS AS USUAL".LSE GROUP'S CEO ROLET- "THERE ARE NO CHANGES TO OPERATIONAL, FINANCIAL AND M&A STRATERGY".  Full Article

London Stock Exchange says CEO Xavier Rolet to leave by end of Dec 2018​
Thursday, 19 Oct 2017 02:00am EDT 

Oct 19 (Reuters) - London Stock Exchange Group Plc :‍XAVIER ROLET TO LEAVE LONDON STOCK EXCHANGE GROUP BY END OF DECEMBER 2018​.‍BOARD IS NOW INITIATING A PROCESS TO FIND A SUCCESSOR​.  Full Article

London Stock Exchange says Q3 total income rises 17 pct
Thursday, 19 Oct 2017 02:00am EDT 

Oct 19 (Reuters) - London Stock Exchange Group Plc :Q3 REVENUE ‍442.7​ MILLION STG VERSUS 376.2 MILLION STG IN Q3 2016.Q3 TOTAL INCOME ESTIMATE OF 477.5 MILLION STG, Q3 REVENUE ESTIMATE OF 432.2 MILLION STG – COMPANY COMPILED ESTIMATES.Q3 TOTAL INCOME ‍486.1​ MILLION STG VERSUS 414.6 MILLION STG IN Q3 2016.Q3 CAPITAL MARKETS REVENUE ‍96.7​ MILLION STG VERSUS 89.6 MILLION STG IN Q3 2016.Q3 POST TRADE SERVICES – LCH REVENUE ‍113.9​ MILLION STG VERSUS 89.5 MILLION STG IN Q3 2016.Q3 INFORMATION SERVICES REVENUE ‍181.8​ MILLION STG VERSUS 148.5 MILLION STG IN Q3 2016.Q3 TECHNOLOGY SERVICES REVENUE ‍22.7​ MILLION STG VERSUS 20.8 MILLION STG IN Q3 2016.‍WELL POSITIONED FOR INTRODUCTION OF MIFID II AND A BROADER CHANGING REGULATORY ENVIRONMENT​.  Full Article

Aluminium maker Norsk Hydro aims to delist from London Stock Exchange
Tuesday, 3 Oct 2017 02:07am EDT 

Oct 3 (Reuters) - Norsk Hydro Asa :Notice of request for cancellation of listing on the official list of the UK listing authority and of trading on the London Stock Exchange.Hereby announces intended cancellation of its standard listing of ordinary shares of nominal value nok 1.098 each on official list of uk listing authority.Over recent years, there has been a limited amount of trading in hydro shares on LSE.Taking this into account, together with cost of maintaining listing, decision has been made to de-list shares from official list and LSE.Following cancellation of listing, shareholders will still be able to trade hydro's shares on oslo stock exchange.Last day of trading in Hydro shares on LSE is expected to be 31 october 2017.  Full Article

LSE Group gets nod as approved reporting mechanism for MiFIR reporting‍​
Friday, 29 Sep 2017 08:53am EDT 

Sept 29 (Reuters) - London Stock Exchange Group Plc :APPROVED AS AN ARM FOR MIFIR REPORTING‍​.UK'S FCA APPROVES LSE AS AN APPROVED REPORTING MECHANISM (ARM) THROUGH ITS UNAVISTA PLATFORM.  Full Article

LSEG to increase its majority shareholding in LCH
Wednesday, 13 Sep 2017 01:05pm EDT 

Sept 13 (Reuters) - London Stock Exchange Group Plc ::LSEG TO INCREASE ITS MAJORITY SHAREHOLDING IN LCH.LONDON STOCK EXCHANGE GROUP - ENTERED INTO AGREEMENTS WITH CERTAIN MINORITY SHAREHOLDERS OF LCH TO ACQUIRE FURTHER SHARES IN LCH​.TALKS FOR LCH STAKE INCREASE UP TO A MAXIMUM OF 6.8% OF LCH'S SHARE CAPITAL​.‍ALL SHAREHOLDERS IN LCH HAVE TODAY BEEN NOTIFIED OF SHARE SALE​.‍CONFIRMATION OF LSEG'S TOTAL SHAREHOLDING IN LCH AS A RESULT OF ACQUISITION WILL BE ANNOUNCED IN DUE COURSE​.  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.