TMX Group Inc. today announced that Glass, Lewis & Co., LLC (Glass Lewis), a leading independent governance analysis and proxy voting firm, has published a report recommending that TMX Group shareholders vote in favour of TMX Group’s proposed merger with London Stock Exchange Group plc (LSEG).
The Glass Lewis report stated: “In light of our approval of the LSE-TMX merger from both a strategic and financial perspective, our consideration of the factors discussed [in our report], and the unanimous support of the board, we believe the proposed merger with LSE is in the best interest of shareholders.”*
TMX Group will hold an Annual and Special Meeting of shareholders to approve the merger agreement and other resolutions on June 30, 2011 at 10:00 a.m. (ET). The meeting will be held at the Design Exchange, 234 Bay Street, Toronto. For information about the merger and how tovote, please visit www.tmx.com/merger.
Time is of the essence. TMX Group BLUE proxies must be received no later than June 28 at5:00 p.m. (ET). Shareholders who require assistance in voting their proxies may direct their inquiries to TMX Group’s proxy solicitation agent, Phoenix Advisory Partners, 1-866-793-5697or inquiries@phoenixadvisorypartners.com.
*Permission to quote from the Glass Lewis report was neither sought nor obtained.
