Examples of LCH.Clearnet Group in a sentence
In May 2007, LCH.Clearnet Group Limited issued through Freshwater Finance plc €200m of Perpetual Preferred Securities to underpin its capital structure.
The goodwill arising on consolidation represents the growth potential and assembled workforces of the Italian Group, LCH.Clearnet Group, FTSE Group, MillenniumIT and Turquoise.
That success may not be realised, or may only be realised in part, if, among other things, the LCH.Clearnet Group: (a) is unable to retain LCH.Clearnet senior management and/or other key employees critical to the implementation of LCH.Clearnet management’s strategy; or (b) suffers a reduction in revenue but is unable to reduce its cost base because of the LCH.Clearnet Group’s fixed cost structure.
Of the impairment recognised during the period £21.8m relates to licenses recognised on the acquisition of the LCH.Clearnet Group.
The goodwill arising on consolidation represents the growth potential and assembled workforces of the Frank Russell Group, Italian Group, LCH.Clearnet Group, FTSE Group, MillenniumIT, Turquoise and Exactpro.
The acquisition of the LCH.Clearnet Group, the EuroTLX business within the Italian Group, and the FTSE TMX business during the year resulted in an increase of goodwill in the Group of £166.1m in the year.
In addition, the LCH.Clearnet Group will operate in accordance with the Core Operating Principles agreed between LCH.Clearnet and LSEG.
Please note that Clearing Member or SwapClear Dealer status does not provide membership in the company LCH.Clearnet LLC or any right to a shareholding therein, nor does it provide the right to any shareholding in LCH.Clearnet Group Limited or any entitlement or right to participate in any way in LCH.Clearnet Limited or LCH.Clearnet SA or the respective clearing services those entities offer.
Certain Roundtable participants favor a similar approach.\88\ --------------------------------------------------------------------------- \88\ See, e.g., Comments of Roger Liddell, Chief Executive Officer, LCH.Clearnet Group (``Liddell'') (``To go back to the question, I think with established organizations, then I think the concept of some combination of ownership limits and voting caps actually does make sense.
No significant changes are anticipated to the approach taken to the regulation of the LCH.Clearnet Group and the LSEG Group by their respective regulators as a result of the Transaction.