TORONTO, Aug. 22, 2014 /PRNewswire/ - TMX Group
Limited announced today that Tom
Kloet, Chief Executive Officer, intends to exercise stock
options and sell common shares for tax-planning purposes, subject
to market conditions. As reported in TMX Group's management
information circular dated April 11,
2014, Mr. Kloet has a share ownership
requirement of three times his base salary, which he will continue
to exceed following any sales. Under the terms of his
employment agreement, Mr. Kloet must disclose his intention to
purchase or sell TMX Group common shares, including exercising of
options, at least two business days prior to a
transaction.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities,
fixed income and energy. Toronto Stock Exchange, TSX Venture
Exchange, TMX Select, Alpha Group, The Canadian Depository for
Securities, Montréal Exchange, Canadian Derivatives Clearing
Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan Energy
Brokers, Equicom and other TMX Group companies provide listing
markets, trading markets, clearing facilities, depository services,
data products and other services to the global financial community.
TMX Group is headquartered in Toronto and operates offices across
Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter at
http://twitter.com/tmxgroup.
SOURCE TMX Group Inc.
