LSEG Expects To Complete Refinitiv Deal On 29 January
London Stock Exchange Group plc (“LSEG” or the “Company”) confirms that completion of its all-share acquisition of Refinitiv (the “Transaction”), and re-admission to listing and trading, is expected to occur on 29 January 2021, subject to the satisfaction or waiver of any outstanding merger control and financial regulatory authority approvals, which are expected to occur shortly.
@LSEGplc confirms that its all-share acquisition of @Refinitiv is expected to complete on 29 Jan 2021, subject to the satisfaction or waiver of any outstanding merger control and financial regulatory authority approvals, which are expected to occur shortly https://t.co/flGryK88qJ
— London Stock Exchange Group (@LSEGplc) January 19, 2021
As the Transaction constitutes a reverse takeover under the Listing Rules, admission of the Company’s existing ordinary shares to the premium segment of the Official List and to trading on London Stock Exchange’s Main Market is expected to be cancelled at 8:00 am on 29 January 2021, with simultaneous re-admission of the Company’s voting ordinary shares (including the consideration shares issued to the Refinitiv Sellers). The Company will re-admit under the new ticker symbol “LSEG”. The limited-voting ordinary shares to be issued to the Refinitiv Sellers on completion of the Transaction will not be admitted to listing or trading on any market.
Unless defined otherwise, capitalised terms in this announcement shall have the same meaning as in the Prospectus.
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