Further Information On The Potential Merger Of Equals Between London Stock Exchange Group Plc (“LSEG”) And Deutsche Börse AG (“Deutsche Börse”)

Further to the announcement on 23 February 2016, LSEG and Deutsche Börse set out below a summary of further key terms which the parties have agreed in relation to the potential merger of LSEG and Deutsche Börse (the “Potential Merger”) to form a combined group (the “Combined Group”):

Combined Group to be a UK plc domiciled in London;
LSEG in London and Deutsche Börse in Frankfurt to become intermediate subsidiaries of the Combined Group;
Combined Group to have headquarters in London and Frankfurt;
Combined Group to seek a premium listing on the London Stock Exchange and prime standard listing on the Frankfurt Stock Exchange;
Balanced governance structure of the Combined Group board with equal representation from LSEG and Deutsche Börse to include:

o Donald Brydon as Chairman;

o Joachim Faber as Deputy Chairman and Senior Independent Director;

o Carsten Kengeter as CEO and executive director;

o David Warren as CFO and executive director.

A joint committee (the “Referendum Committee”) has been set up to advise on the implications of the vote by the United Kingdom electorate on the European Union membership of the United Kingdom.

Click here for further details.