LONDON/DUBAI, April 4 London Stock Exchange CEO
Xavier Rolet is due to meet Saudi officials in Riyadh as part of
a visit by British Prime Minister Theresa May, a spokeswoman for
the exchange said on Tuesday.
The LSE and other top stock exchanges are pitching to win a
slice of state oil company Saudi Aramco's initial public
offering, expected to be the world's largest.
Aramco is expected to list a small portion of its shares on
the Saudi stock market, with the rest likely to go to one, two
or possibly three of the world's biggest exchanges.
The IPO, expected in 2018, could be worth around $100
billion, Saudi officials have said.
Rolet will attend a finance roundtable which Prime Minister
May will host at the Saudi stock exchange on Tuesday, a
spokesman for the prime minister office confirmed.
May arrived in the Saudi capital on Tuesday, official Saudi
state news agency, SPA reported.
New York, Hong Kong, Singapore, Tokyo and Toronto are also
seeking to win a slice of the offering and Saudi officials have
been meeting with exchanges to decide where the shares should be
(Dasha Afanasieva and Kylie Maclellan in London ,Reem
Shamseddine in DUBAI and Marwa Rashad in Riyadh; editing by