As a result of the acquisition, Microsoft holds a voting interest in LSEG of approximately 4.2%, based on the total voting rights in LSEG as of close of business on 27 January 2023. In accordance with LR 9.6.16R of the FCA's Listing Rules, LSEG notes that the disposal by Holdings II and Holdings III to Microsoft was made pursuant to a variation of the lock-up arrangements contained in the Relationship Agreement entered into on completion of the Refinitiv transaction. In December 2022, London Stock Exchange Group (LSEG) and Microsoft announced their entry into a long-term strategic partnership to architect LSEG's data infrastructure using the Microsoft Cloud, and to jointly develop new products and services for data and analytics.