Nasdaq Stock Market: Acquisition Of Shares In London Stock Exchange Plc

The Nasdaq Stock Market, Inc. (“NASDAQ”) announces that it has acquired 10,291,440 shares in London Stock Exchange plc (“LSE”) for a price of 1,248 pence per share. The consideration represents approximately GBP 128.4 million (c. US$ 239.3 million).

In addition to the 47,890,280 shares previously owned, this acquisition takes NASDAQ's holding in LSE to 58,181,720 shares or c. 22.7% of the issued share capital of LSE.

"We are pleased to have increased our strategic stake in LSE through this significant purchase, which takes us through the important threshold of 20%. We look forward to working constructively with LSE as its largest shareholder," commented Bob Greifeld, President and Chief Executive Officer of NASDAQ.