London Stock Exchange Group (LSEG) today announces an amendment to the terms of the Relationship Agreement between LSEG and the former shareholders of Refinitiv to allow York Holdings II Limited to sell ordinary shares of 679/86 pence each of LSEG (Ordinary Shares) up to an aggregate value of £330,000.

The Ordinary Shares to be sold formed part of the consideration issued by LSEG in exchange for its acquisition of the Refinitiv business which completed on 29 January 2021. The sale of Ordinary Shares permitted by this amendment (which LSEG understands is intended to take place today) is in order to enable a participant in the Refinitiv Management Incentive Plan to raise cash proceeds in order to satisfy a tax liability that arose in connection with the disposal of the Refinitiv business to LSEG.

There are no other changes to the Relationship Agreement or the previously disclosed lock up provisions.

On January 29, 2021, LSEG confirmed the completion of its all-share acquisition of Refinitiv. Back then, LSEG and the Refinitiv Sellers agreed to vary the Relationship Agreement to permit the Refinitiv Sellers to sell a small number of LSEG Shares in order to enable certain persons with interests in Refinitiv, including UK resident members of Refinitiv management, to satisfy certain tax liabilities that they will incur in connection with completion of the transaction.