Explore the Archive

Contact:Juliana Wheeler  +44 (0) 207 426 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

To view this press release as a pdf click here.

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