LSEG acquires stake in Euroclear

The London Stock Exchange Group (LSEG) is to become a shareholder of Euroclear, acquiring 4.92 percent of the firm’s total shares in issue.

The request to register the transfer of the shares to LSEG was reviewed and approved by the Euroclear Holding SA/NV Board on 29 January 2019.

Following LSEG’s minority investment in Euroclear, LSEG and Euroclear expect a representative of LSEG to join the board of Euroclear Holding SA/NV.

Marc Antoine Autheman, chairman of Euroclear Holding SA/NV, said: “On behalf of the board, I am very pleased to welcome LSEG to our shareholder community. The addition of LSEG to our shareholder base reflects the attractiveness of a neutral open architecture model to players in the capital markets ecosystem, including other financial market infrastructures.”

He added: “We look forward to working with LSEG as we continue to contribute to bringing greater efficiency, stability and safety to the global financial markets.”

Lieve Mostrey, CEO of Euroclear, commented: “Through our collaborative open model, Euroclear has enjoyed a mutually-beneficial operational and commercial relationship with LSEG for many years.”

She added: “Euroclear remains dedicated to collaborating with the financial industry to deliver solutions that respond to the evolving needs of a global client base, generating value for all our stakeholders.“