London Stock Exchange Group PLC (LSE:LSEG) shares eased 1.8% after it was revealed a group of investors including US private-equity giant Blackstone, Thomson Reuters (NYSE:TRI), a Canadian pension plan and Singapore’s sovereign wealth fund have offloaded a large chunk of shares they owned in the exchange.
The consortium have sold around 25.5 million shares at a price of 7,950p each, compared to the current share price of 8,130p.
The transaction has been made via a placing to institutional investors and a separate offer to retail investors.
LSEG has separately made an off-market purchase of approximately 9.5 million limited-voting ordinary shares.
LSEG is not party to the placing or the retail offer and will not receive any proceeds.
In May, Blackstone and Thomson Reuters (NYSE:TRI) were part of a consortium which sold 33 million shares in the data firm.
At the end of January, the lock-up arrangements governing Blackstone and Thomson Reuters' indirect shareholding in LSEG no longer applied.