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Euronext: becomes a minority shareholder of LCH SA

(CercleFinance.com) - Euronext has announced that it has completed the exchange of its 2.
3% stake in LCH Group against an 11.1% stake in LCH SA, making the pan-European stock exchange group a minority shareholder in LCH SA.

The competent authorities have indeed given their approval of the final
agreement signed on 31 October last year. Euronext will have a pre-emptive right in circumstances where LCH Group were to decide to sell over 50% of its shares in LCH SA.

As a result of the finalisation of this exchange, Euronext will record in a gross capital gain of 40.6 million euros its financial statements for 2017 as an extraordinary financial gain, which is estimated at 38.4 million after tax.

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