15 February 2018

RELX announces simplification of corporate structure

RELX NV and RELX PLC announced a further simplification of their corporate structure, moving from the current dual parent holding company structure to a single parent company. The simplification was implemented through a cross-border legal merger between RELX NV and RELX PLC which, resulted in RELX PLC becoming the sole parent company of RELX Group. RELX group chose for a British nationality for the future.

RELX NV shareholders received one RELX PLC share for each RELX NV share held. RELX PLC will continue to have a premium listing on the London Stock Exchange, and will apply for an additional listing of RELX PLC shares on Euronext Amsterdam.

Team: Paul Sleurink, Reinier Kleipool and Lodewijk Hijmans van den Bergh.

Read more here.