London Stock Exchange Group PLC Investor Day Update (7428N)
May 20 2015 - 3:01AM
UK Regulatory
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 +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 Investor Relations +44 (0)20 7797 3322
Victoria Cowley Media +44 (0)20 7797 1222
This information is provided by RNS
The company news service from the London Stock Exchange
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