JTC listed on London Stock Exchange 16 March 2018London Reporter: Jenna Lomax
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Independent fund, corporate and private client service provider JTC has been admitted to trade as a public firm on the London Stock Exchange (LSE).
JTC is headquartered in Jersey and has a presence in Africa, the Americas, Asia Pacific, the British Isles, the Caribbean and Europe.
It received investment from CBPE Capital in 2012 to enable its global expansion, to a public company.
Nigel Le Quesne, CEO of JTC, said: “This is a fantastic opportunity for JTC. Having grown the business over the last 30 years into a leader in the administration services market for funds, corporate and private clients, this is the next logical step in our strategy and will create a long-term capital base for the business.”
He added: “We would like to thank CBPE for their role in the development of JTC from a Channel Islands focused administrator to a global service provider with a broad client reach. They have provided invaluable support and investment which has facilitated an acceleration in JTC’s growth and success.”
Mike Liston, chairman of JTC, commented: “As JTC’s new chairman, I aim to build on its exemplary reputation for high ethical standards, rigorous governance and respect for its clients and people. These qualities equip it well for success as a substantial public company, thriving on the flight to quality in the complex world of international financial services.”
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