LCH.Clearnet Group Offer Update

  LCH.Clearnet Group - Offer Update

RNS Number : 7616Q
LCH.Clearnet Group Limited
09 November 2012
 



Press Release

Contact:      Juliana Wheeler   +44 20 7426 7638  

OFFER UPDATE

09 November 2012

LCH.Clearnet Group Limited ("LCH.Clearnet") announces that, further to the
recommended cash offer by London Stock Exchange Group plc for a majority stake
in LCH.Clearnet announced on 9 March 2012, letters of consent and statement of
non-objection in respect of a change of control of LCH.Clearnet have been
received from the Autorité de Contrôle Prudentiel and the Autorité des Marchés
Financiers, respectively.

The transaction remains subject to the satisfaction of certain other
conditions, including additional regulatory clearances and antitrust
approvals.

This announcement should be read in conjunction with LCH.Clearnet's
announcement of 28 September 2012:
http://www.lchclearnet.com/media_centre/press_releases/2012-09-28.asp

 

About LCH.Clearnet

The LCH.Clearnet Group is a leading international clearing house, serving
major exchanges and platforms as well as a range of OTC markets.

LCH.Clearnet's world-class risk management framework provides the markets with
exceptional levels of protection.  Both the soundness of its risk management
approach and the resilience of its systems have been proven in recent times.
As demand for robust clearing services continues to grow, LCH.Clearnet is
committed to setting and maintaining the highest standards across all asset
classes cleared.

For more information, visit: www.lchclearnet.com

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
MSCBLBMTMBIMBJT -0- Nov/09/2012 11:00 GMT