London Stock Exchange Group PLC Investor Day Update (7428N)

TIDMLSE

RNS Number : 7428N

London Stock Exchange Group PLC

20 May 2015

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 EUR100 million p.a., with EUR60 million p.a. already announced and delivered; additional EUR40 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 EUR175 to EUR250 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 [phone]

   --      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          Investor Relations    [phone] 
  Victoria Cowley     Media                 [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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