London Stock Exchange Group plc
20 May 2015
Strategy update event
London Stock Exchange Group plc will today host a strategy update for its Post Trade operations, an integral part of the Group's global open access market infrastructure offering. The event will cover the post trade landscape, LCH.Clearnet's cost and efficiency plans, an overview of clearing services, the regulatory landscape, new products and future growth initiatives.
Presentations will include the following new information:
· Upgrading cost savings target to €100 million p.a., with €60 million p.a. already announced and delivered; additional €40 million p.a. to be achieved by exit of 2017
· Potential revenue opportunities which the Group aims to capture across its Post Trade businesses, totalling approximately €175 to €250 million p.a., targeted to be achieved by exit 2018
Conference call details:
To access the Telephone conference call of the event, which starts at 09:00 am BST, dial 0800 694 0257 or +44 (0) 1452 555 566
· Conference ID: 4530 7049
· We recommend that participants start to dial in 5 minutes prior to ensure a timely start to the conference call.
A replay of the conference call will be available later in the day, available on our website. A video recording will be made available on our website a few days after the event.
For further information:
Paul Froud Victoria Cowley |
Investor Relations Media |
+44 (0)20 7797 3322 +44 (0)20 7797 1222 |
