BRIEF-LSEG To Make Off-Market Purchase Of Ordinary Shares Worth About £500 Mln

Reuters05-02

May 1 (Reuters) - LSEG:

* LSE: HAS AGREED TO MAKE OFF-MARKET PURCHASE OF 5.7 MILLION ORDINARY SHARES FOR A TOTAL CONSIDERATION OF APPROXIMATELY £500 MILLION

* LSE: OFF-MARKET PURCHASE IS BEING MADE ON A STANDALONE BASIS AND PURCHASE PRICE PAYABLE BY CO IS 8,769.28 PENCE PER SHARE

* LSE: OFF-MARKET PURCHASE OF ORDINARY SHARES FROM YORK HOLDINGS III

* LSE: OFF-MARKET PURCHASE WILL COMPLETE £1 BILLION OF SHARE BUYBACKS COMPANY PREVIOUSLY INDICATED IT EXPECTED TO EXECUTE DURING 2024

* LSE: IT HAS AGREED TO A LIMITED VARIATION OF LOCK-UP ARRANGEMENTS CONTAINED IN RELATIONSHIP AGREEMENT ENTERED ON COMPLETION OF REFINITIV TRANSACTION

* LSE: VARIATION OF LOCK-UP ARRANGEMENTS TO ENABLE SALE OF ORDINARY SHARES BY YORK HOLDINGS III TO BE MADE IN CONNECTION WITH OFF-MARKET PURCHASE

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