Following the announcement of final cash offers* (the "Final Offers") for London Stock Exchange Group plc ("LSE") made earlier today (the "Announcement"), Nightingale Acquisition Limited ("NAL"), a wholly owned subsidiary of The Nasdaq Stock Market, Inc. ("NASDAQ") announces that it has acquired 7,065,984 ordinary shares in LSE at a price of 1,243 pence per share. The total consideration paid for the stake represents £87.8 million (c.$166.4 million). This acquisition takes NASDAQ's total holding in LSE to 61,291,389 ordinary shares or 28.75 per cent. of the issued ordinary share capital of LSE.
* The Final Offers will not be revised except that NAL reserves the right to revise the Final Offers: (i) upon the recommendation of the LSE Board; or (ii) if a firm intention to make a competing offer for LSE is announced, whether or not subject to any preconditions.
Capitalised terms in this announcement have the same meaning as in the Announcement.
