Euroclear plc welcomes ICE as a new shareholder
Brussels, 24 October 2017 - Euroclear is today pleased to announce the acquisition by Intercontinental Exchange Inc. (ICE) of the RBS Group’s shareholding in the company, equivalent to 4.7% of the total shares in issue, subject to completion of all required documents.
In accordance with the company’s Articles of Association, the request to register the transfer the shares to ICE was reviewed and approved by the Euroclear Plc Board.
Marc Antoine Autheman, Chairman of Euroclear Plc, commented: "On behalf of the Euroclear Plc Board, I am very pleased to welcome Intercontinental Exchange as a new, committed and engaged shareholder. The addition of ICE to our shareholder base further strengthens our position as an independent, profit moderated infrastructure that helps assure the efficiency, stability and safety of the global financial markets.”
Lieve Mostrey, CEO of Euroclear group added: “ICE’s investment reflects the attractiveness of Euroclear's neutral open architecture model to players in the capital markets ecosystem, including other market infrastructures.
The collaborative nature of our model allows us to deliver both a diversified range of solutions that respond to the evolving needs of our clients around the world, and generate value for our shareholders.“
Note to editors
Euroclear group is the financial industry’s trusted provider of post trade services. At the core, the group provides settlement, safe-keeping and servicing of domestic and cross-border securities for bonds, equities and derivatives to investment funds. Euroclear is a proven, resilient capital market infrastructure committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise.
The Euroclear group includes Euroclear Bank - which is rated AA+ by Fitch Ratings and AA by Standard & Poor’s - as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & Ireland. The Euroclear group settled the equivalent of EUR 655 trillion in securities transactions in 2016, representing 196 million domestic and cross-border transactions. In the first half of 2017, the group held EUR 28 trillion in assets for clients.
For more information about Euroclear, please visit www.euroclear.com.