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LSE shareholders vote against removing chairman

First Published 20th December 2017

London Stock Exchange Group result of general meeting: majority of shareholders vote with board against proposed resolution to remove Donald Brydon

At a London Stock Exchange Group General Meeting on 19th December 2017 a majority of shareholders voted with the Board against the proposed resolution to remove Donald Brydon.

79.07% of shareholders voted against the November resolution by the Children's Investment Master Fund to remove Donald Brydon as a director of the Company with immediate effect. 20.93% of shareholders voted in favor of the resolution.

Commenting on the result of the General Meeting, Donald Brydon, Chairman of LSEG, said: "The Board would like to thank shareholders for their support today. The Board and I welcome the stability that this gives the Group. The recruitment process for a new CEO is underway and we will update our shareholders in due course."