Borse Dubai announces the sale of 8,500,000 shares in London Stock Exchange Group

Borse Dubai has completed the sale of 8,500,000 shares in London Stock Exchange Group plc (LSEG). The sale represents approximately 3.1% of the LSEG’s share capital and was conducted by way of an accelerated bookbuild on 4 September. The shares were sold to institutional investors at a price of 2,020p each.

Following the sale, Borse Dubai remains the largest shareholder with a holding of approximately 17.4%. Borse Dubai intends to use the proceeds from this sale to fully subscribe to the rights issue, in relation to the proposed acquisition of Frank Russell Company, on its remaining holding in LSEG. Borse Dubai has no current intention to sell any further shares in LSEG and remains a long term supportive shareholder. Nomura acted as Sole Bookrunner on the transaction.

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About Borse Dubai:

Borse Dubai is the holding company for Dubai Financial Market (DFM) and Nasdaq Dubai. Borse Dubai was created 6 August, 2007 to consolidate the Government of Dubai’s two stock exchanges as well as current investments in other exchanges, expanding Dubai’s position as a global capital market hub.

Borse Dubai builds on existing synergies between both exchanges with improved infrastructure to better serve all stakeholders. Borse Dubai continues to explore opportunities with capital markets across the globe to leverage technology, liquidity, regulation and expertise.

Borse Dubai’s growth mandate is extracted from the 2015 Dubai Strategic Plan which has defined financial services and capital markets as a key focus area to support the development and growth of regional capital markets to the highest international standards. This is complemented with Dubai’s strong heritage of building global leaders in selected industries.

NOT FOR DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES OF AMERICA (OR TO U.S. PERSONS), AUSTRALIA, CANADA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES OF SECURITIES WOULD BE PROHIBITED BY APPLICABLE LAW.

This press release is for information purposes only and does not constitute a prospectus or any offer to sell or the solicitation of an offer to buy any security in the United States of America or in any other jurisdiction. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Notes will not be registered under the Securities Act.

This communication is directed only at (i) persons who are outside the United Kingdom, (ii) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (iii) high net worth entities of the type falling within Article 49(2) of the Order, and (iv) to the extent that doing so does not prejudice the lawful direction of the communication at the foregoing, other persons to whom it may lawfully be directed or communicated, all such persons together being referred to as “relevant persons”. Any investment activity to which this communication relates will only be available to, and will only be engaged in with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

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