London Stock Exchange Group (LSEG)

Sector:

Financials

Index:

FTSE 100

9,378.00p
   
  • Change Today:
      50.00p
  • 52 Week High: 9,674.00
  • 52 Week Low: 7,986.00
  • Currency: UK Pounds
  • Shares Issued: 536.98m
  • Volume: 104,184
  • Market Cap: £50,358m

LSEG investors sell down stake in £2.75bn deal

By Abigail Townsend

Date: Thursday 07 Sep 2023

LONDON (ShareCast) - (Sharecast News) - A consortium of investors in London Stock Exchange Group have sold a tranche of shares, it was confirmed on Thursday, raising around £2.75bn.
BCP York Holdings - which includes US private equity firm Blackstone, Thomson Reuters, the Canadian Pension Plan Investment Board and Singapore's sovereign wealth fund GIC - sold the stock to institutional investors at 7,950p per voting share.

In addition, LSEG also agreed to buyback more than 9m shares from the consortium at 7,894p per share.

Both prices were at a discount to LSEG's previous closing price.

The four investors became shareholders in LSEG in 2021, when they sold financial data and analytics specialist Refinitiv to the owner of the London Stock Exchange in a transformative $27bn deal.

As at 1000 BST shares in LSEG were off 1% at 8,146p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

London Stock Exchange Market Data

Currency UK Pounds
Share Price 9,378.00p
Change Today 50.00p
% Change 0.54 %
52 Week High 9,674.00
52 Week Low 7,986.00
Volume 104,184
Shares Issued 536.98m
Market Cap £50,358m

London Stock Exchange Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.01% below the market average98.01% below the market average98.01% below the market average98.01% below the market average98.01% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
52.52% above the market average52.52% above the market average52.52% above the market average52.52% above the market average52.52% above the market average
25.86% above the sector average25.86% above the sector average25.86% above the sector average25.86% above the sector average25.86% above the sector average
Income
91.16% below the market average91.16% below the market average91.16% below the market average91.16% below the market average91.16% below the market average
93.85% below the sector average93.85% below the sector average93.85% below the sector average93.85% below the sector average93.85% below the sector average
Growth
18.14% above the market average18.14% above the market average18.14% above the market average18.14% above the market average18.14% above the market average
46.79% above the sector average46.79% above the sector average46.79% above the sector average46.79% above the sector average46.79% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 4
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

London Stock Exchange Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 17-Aug-23
Paid 22-May-24 20-Sep-23
Amount 79.30p 35.70p

Trades for 21-May-2024

Time Volume / Share Price
10:35 55 @ 9,378.00p
10:35 32 @ 9,378.00p
10:35 169 @ 9,376.00p
10:35 17 @ 9,376.00p
10:35 45 @ 9,376.00p

London Stock Exchange Key Personnel

CEO David Schwimmer
Chair Don Robert
CFO Michel-Alain Proch

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