The resolutions put forward at London Stock Exchange’s General Meeting were duly passed.
155,767,201 shares were voted in favour of the merger with Borsa Italiana, representing almost 100 per cent of votes cast and 78 per cent of the issued share capital. The merger is now expected to complete in October following regulatory approvals and listing of the new shares.
“Today’s shareholder approval is a significant endorsement of the merits of the transaction and we would like to thank so many shareholders for registering their support,” says Chris Gibson-Smith, Chairman of the Exchange.
Clara Furse, Chief Executive of the Exchange adds: “This combination is good for shareholders, good for European financial markets and will enhance our position as the exchange partner of choice in a rapidly evolving industry.”