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LSE agrees to TCI demands for leadership vote

Activist investor TCI calls for extraordinary general meeting to protest against a perceived ousting of Xavier Rolet

Xavier Rolet
Xavier Rolet Photo: Getty Images

The London Stock Exchange Group has bowed to the demands of activist investor TCI Fund Management and agreed to call a shareholder vote on its future leadership.

The move comes a day after TCI's founder Sir Chris Hohn called for an extraordinary general meeting on its proposals to remove chairman Donald Brydon and terminate the search for a successor to CEO Xavier Rolet.

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