TMX Group BLUE proxies must be received by 5:00 p.m. today
TORONTO, June 28, 2011 /CNW/ - TMX Group Inc. today announced that
Glass, Lewis & Co., LLC, a leading independent governance analysis and
proxy voting firm, has reconfirmed its recommendation that TMX Group
shareholders vote in favour of TMX Group's proposed merger with London
Stock Exchange Group plc (LSEG). The report, which was initially
released on June 16, 2011, was updated to reflect recent amendments to
the TMX-LSEG agreed merger and the Maple Acquisition Group Corporation
On June 23, 2011, the TMX-LSEG merger also received a positive
recommendation from Institutional Shareholder Services Inc. (ISS),
another leading independent proxy voting and corporate governance
"TMX Group's merger with London Stock Exchange Group creates an
international exchange operator with a strong financial position, ready
for growth," said Tom Kloet, Chief Executive Officer, TMX Group. "We
are very pleased that two highly respected independent firms strongly
agree with our plans and believe that the merger is in the best
interests of TMX shareholders."
TMX Group will hold its Annual and Special Meeting of shareholders to
approve the merger and other resolutions on June 30, 2011 at 10:00 a.m.
(ET). The meeting will be held at the Design Exchange, 234 Bay Street,
Toronto. Please visit www.tmx.com/merger for information about the merger.
TMX Group BLUE proxies must be received no later than TODAY at 5:00 p.m. (ET).
Shareholders who have already voted using the dissident proxy have the
right to change their vote by executing and submitting the BLUE form of proxy; it is the later-dated proxy that will be counted.
Shareholders who require assistance in voting their proxies may direct
their inquiries to TMX Group's proxy solicitation agent, Phoenix
Advisory Partners, 1-866-793-5697 or firstname.lastname@example.org.
If TMX Group shareholders approve the merger with LSEG at that meeting,
the Maple offer would not, according to its terms, proceed as it is
conditional on TMX Group shareholders rejecting the merger.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for
multiple asset classes including equities, fixed income and energy.
Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange,
Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston
Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX
Group companies provide listing markets, trading markets, clearing
facilities, data products and other services to the global financial
community. TMX Group is headquartered in Toronto and operates offices
across Canada (Montreal, Calgary and Vancouver), in key U.S. markets
(Houston, Boston and Chicago) as well as in London. For more
information about TMX Group, visit our website at www.tmx.com.
SOURCE TSX Group Inc.
For further information:
Director, Corporate Communications