Press releases 2010
London Stock Exchange Group launches charitable Foundation
Today, the London Stock Exchange Group is delighted to announce that it has launched a charitable Foundation that will focus on supporting selected initiatives in the communities in which it operates.
Commenting on the Launch of the Foundation today, Group CEO and Chairman of the Foundation, Xavier Rolet, said,
"There is a long and deep-rooted culture across our business in supporting charitable projects in our local communities, and today I am delighted to be bringing them together under the umbrella of the London Stock Exchange Group Foundation. The Foundation will look to really make a difference in the countries in which we operate, and all our employees in Sri Lanka, Italy and the UK will be able to become actively involved in the Group's charitable giving."
As a charitable trust the Foundation will provide a single channel and point of focus for the Group's charitable giving. The Foundation will be funded by donations from the London Stock Exchange Group, from fine income and from the individual donations and the fundraising activities of its employees.
The London Stock Exchange Group Foundation will look to fund projects in three specific areas: Children & Youth, Healthcare and Arts & Culture. The Foundation has already made its first investment as a Foundation, in a unique housing project in Sri Lanka, building homes for war-displaced families in the East of Sri Lanka. The Foundation will be partnering on this project with international NGO, Habitat for Humanity.
The Foundation will also continue to support a number of existing projects that have been recipients of the Group's charitable giving, including The London Air Ambulance and FAI in Italy.
London Stock Exchange employees will have the opportunity to directly participate in the work of the Foundation, through partner charity selection, a Group matching scheme, payroll donations and fundraising initiatives.
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For further information, please contact:
Lauren Crawley-Moore Press Office +44 (0)20 7797 1222
Luca Grassis/Anna Mascioni Media Relations +39 027 2426 212
Notes to editors:
About The London Stock Exchange Group Foundation:
The London Stock Exchange Group Foundation is a charitable trust that will provide a single channel and point of focus for the LSE Group's charitable giving. The Foundation will be funded by donations from the London Stock Exchange Group, from fine income (money collected as a result of disciplinary actions) and from the fundraising activities of staff. The Foundation will prioritise funding projects that fall within the following three areas: Children & Youth, Healthcare and Arts & Culture. The Foundation will focus its activities on projects that will make a significant impact in the communities in which it operates.
Further information on London Stock Exchange Group Foundation can be found at
About The London Stock Exchange Group:
London Stock Exchange Group (LSEG) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange, Borsa Italiana, MTS, Europe's leading fixed income market, and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services. Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people.
Further information on London Stock Exchange Group can be found at http://www.londonstockexchangegroup.com/