News Release
Maple Group and TMX Group outline plans to build a balanced, dynamic exchange group
Company officials address OSC Public Hearings
December 1, 2011 (TORONTO) – TMX Group Inc. and Maple Group Acquisition Corporation (Maple Group) today appeared at the public hearings on the subject of their proposed transaction, convened by the Ontario Securities Commission, which began today in Toronto.
The joint presentation included remarks on behalf of Maple from Luc Bertrand, Vice-Chairman, National Bank Financial and William Royan, Vice President, Relationship Investing, Ontario Teachers' Pension Plan. Appearing on behalf of TMX Group were Tom Kloet, Chief Executive Officer, and Kevan Cowan, President, TSX Markets and Group Head of Equities.
Mr. Kloet said:
“We believe the Maple investors share our ambition to capture new growth internationally. We will continue to act in the public interest by maintaining quality markets that deliver the value, service and benefits for all of our stakeholders.”
Mr. Bertrand added:
“It is our belief that the model we are proposing will strengthen TMX Group's international position and enhance our capital markets' ability to grow and attract new activity in an increasingly global and hyper-competitive financial marketplace.
The full presentation may be viewed at www.tmx.com/maple.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Montréal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston Options Exchange (BOX), Shorcan, Shorcan Energy, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, 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 (Houston, Boston and Chicago) as well as in London and Beijing. For more information about TMX Group, visit our website at www.tmx.com.
About Maple Group Acquisition Corporation
Maple Group Acquisition Corporation is a corporation whose investors comprise 13 of Canada's leading financial institutions and pension funds. The investors in Maple are: Alberta Investment Management Corporation, Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, CIBC World Markets Inc., Desjardins Financial Group, Dundee Capital Markets Inc., Fonds de solidarité des travailleurs du Québec (F.T.Q.), GMP Capital Inc., National Bank Financial Inc., Ontario Teachers' Pension Plan, Scotia Capital Inc., TD Securities Inc. and The Manufacturers Life Insurance Company. For more information on Maple Group, visit www.abetterexchange.com.
For more information please contact:
| TMX Group | |
Carolyn Quick |
Paul Malcolmson Director, Investor Relations 416-947-4317 paul.malcolmson@tmx.com |
| Maple |
|
| Peter Block Toronto 416-848-1431 pblock@national.ca |
Jean-Sébastien Lamoureux Montréal 514-843-2368 jslamoureux@national.ca |
Investor Contact:
Rudy Sankovic
416-308-7857
Rudy.Sankovic@td.com
