TMX Group CEO Plans To Exercise Options And Sell Common Shares

TMX Group Limited (TSX-X) announced today that Tom Kloet, Chief Executive Officer, intends to exercise stock options and sell the underlying common shares subject to market conditions. As reported in TMX Group's management information circular dated April 11, 2014, Mr. Kloet has a share ownership requirement of three times his base salary, which he will continue to exceed following any sales. Under the terms of his employment agreement, Mr. Kloet must disclose his intention to purchase or sell TMX Group common shares, including exercising of options, at least two business days prior to a transaction.