KANSAS CITY, Mo.--(BUSINESS WIRE)--Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, provides the following additional information related to the Form 4 filed by International Securities Exchange Holdings, Inc. (ISE).
ISE, owned by Deutsche Börse AG, conducted an intra-company transfer of the shares to another Deutsche Börse AG affiliate. The exchange of these shares took place in connection with Nasdaq’s acquisition of ISE and did not involve a sale of shares in the public market. The Deutsche Börse AG affiliate that acquired the transferred shares has entered into a lock-up agreement relating to these shares on substantially the same terms as the lock-up agreement previously entered into by ISE in connection with Bats’ IPO.
This information was noted in the footnote of the ISE Form 4 filing, “International Securities Exchange Holdings, Inc. transferred the reported securities to an affiliate in connection with the sale of ISE to an unaffiliated third party pursuant to that certain Stock Purchase Agreement, dated March 9, 2016, by and among Deutsche Börse AG, Eurex Frankfurt AG and NASDAQ, Inc. Such affiliate has entered into a lock-up agreement relating to the reported securities on substantially the same terms as the lock-up agreement previously entered into by ISE in connection with the initial public offering of the reported securities.”
About Bats Global Markets, Inc.
Bats Global Markets, Inc. (Bats: BATS) is a leading global operator of exchanges and services for financial markets, dedicated to Making Markets Better. Bats is the second-largest stock exchange operator in the U.S., operates the largest stock exchange and trade reporting facility in Europe, and the #1 market globally for ETF trading. We also operate growing ETF listings venues in the U.S. and Europe, two U.S. options exchanges and Bats Hotspot, our global foreign exchange market. ETF.com, a leading provider of ETF news, data and analysis, is a wholly-owned subsidiary. The company is headquartered in Kansas City with offices in New York, London, Chicago, San Francisco and Singapore. Visit bats.com and @BatsGlobal for more information.