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Director dealings: Thomson Reuters, Blackstone's £2.7bn LSE sale filed

(Sharecast News) - London Stock Exchange Group was well and truly at the top of the list of director sells on Monday, as it disclosed the details of the £2.7bn sales made by Blackstone and Thomson Reuters last week. The exchange operator said BCP York Holdings Delaware offloaded 15,233,815 shares at 8,050p each in a single transaction on 19 May, giving the transaction a value of £1,226,322.50.

York Holdings II, meanwhile, sold 11,674,619 shares for 8,050p apiece in a single transaction on 19 May, valuing that sale at £939,806,829.50.

Finally, York Holdings III disposed of 6,091,566 shares for the same price of 8,050p, in a single transaction also on 19 May, giving the third sale a value of £490,371,063.00.

Both York Holdings II and York Holdings III are indirectly owned by BCP York Holdings, which itself is linked to Blackstone and Thomson Reuters as part of the pair's previous ownership of Refinitiv.

Thomson Reuters sold a majority stake in Refinitiv to a consortium led by Blackstone in October 2018, with the pair agreeing to sell the business to LSE Group in an all-share transaction in 2019.

When that sale closed in January 2021, Thomson Reuters indirectly owned 82.5 million shares in LSE Group, with both it and Blackstone agreeing to a lock-up of the LSE shares.

All of the shares were locked up until 29 January this year, with the duo able to sell one-third of their stakes in each of the two years after that.

The lock-up arrangement will end entirely on 29 January 2025.

At 1335 BST, shares in London Stock Exchange Group were down 0.14% at 8,422p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: London Stock Exchange Group Name: BCP York Holdings Delaware Volume: 15,233,815 Price: 8,050p Value: £1,226,322,107.50

Company: London Stock Exchange Group Name: York Holdings II Volume: 11,674,619 Price: 8,050p Value: £939,806,829.50

Company: London Stock Exchange Group Name: York Holdings III Volume: 6,091,566 Price: 8,050p Value: £490,371,063.00

Company: London Stock Exchange Group Name: York Holdings II Volume: 8,623 Price: 8,389.53p Value: £723,429.17

DIRECTOR BUYS

Company: Ninety One Name: Forty Two Point Two Volume: 75,778 Price: 161.03p Value: £122,022.89

Company: VinaCapital Vietnam Opportunity Fund Name: Asia Investment and Finance Volume: 20,000 Price: 428.38p Value: £85,675.10

Company: Ninety One Name: Forty Two Point Two Volume: 50,202 Price: 160.37p Value: £80,510.55

Company: Ninety One Name: Forty Two Point Two Volume: 30,258 Price: 162.4p Value: £49,138.99

Company: Experian Name: Mike Rogers Volume: 1,500 Price: 2,818p Value: £42,270.00

Company: RIT Capital Partners Name: Jutta af Rosenborg Volume: 2,031 Price: 1,942p Value: £39,442.02

Company: Games Workshop Group Name: Kevin Rountree Volume: 149 Price: 9,767p Value: £14,552.83

Company: Primary Health Properties Name: Harry Hyman Volume: 2,807 Price: 105.6p Value: £2,964.19

Company: JD Wetherspoon Name: Michael Barron Volume: 20 PriceL 751p Value: £150.20

Company: JD Wetherspoon Name: Paul Brimmer Volume: 20 Price: 751p Value: £150.20

Company: JD Wetherspoon Name: David Capstick Volume: 20 Price: 751p Value: £150.20

Company: JD Wetherspoon Name: Nigel Connor Volume: 20 Price: 751p Value: £150.20

Company: JD Wetherspoon Name: Martin Geoghegan Volume: 20 Price: 751p Value: £150.20

Company: JD Wetherspoon Name: John Hutson Volume: 20 Price: 751p Value: £150.20

Company: JD Wetherspoon Name: Ben Whitley Volume: 20 Price: 751p Value: £150.20

Company: JD Wetherspoon Name: Debbie Whittingham Volume: 20 Price: 751p Value: £150.20

Company: Pennon Group Name: Susan Jane Davy Volume: 18 Price: 823.98p Value: £148.32

Company: Pennon Group Name: Paul Michael Boote Volume: 18 Price: 823.98p Value: £148.32

Company: JD Wetherspoon Name: Hannah Young Volume: 14 Price: 751p Value: £105.14

Company: JD Wetherspoon Name: Tom Ball Volume: 13 Price: 751p Value: £97.63

Company: JD Wetherspoon Name: Will Fotheringham Volume: 13 Price: 751p Value: £97.63

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