Cayman Islands: Carey Group Achieves A World First
Last Updated: 4 September 2014

Carey Group has become the first listing agent in the world not based in the Cayman Islands to become a Cayman Islands Stock Exchange (CSX) listing agent.

A founder member of the Channel Islands Stock Exchange (now the Channel Islands Securities Exchange- CISE), Carey Group acts as listing sponsor to over 100 CISE listings.

Carey Group's Guernsey fund services business now has the unique capability to offer clients the choice of two recognised stock exchanges: CISE and CSX as it is the only company which is both a listing member of the CISE and a listing agent of the CSX.

Being based in the same time zone as London gives the Carey Group Guernsey team a significant advantage over all other CSX listing agents with respect to servicing European and MENA based clients.

Carey Group also provides services to Guernsey incorporated companies which are listed on the Main Market of the London Stock Exchange, AIM, the Toronto Stock Exchange and the Australian Stock Exchange and in 2014 Carey Group has been directly involved with the IPOs of Summit Germany Limited on AIM and Spire Healthcare and Pets at Home on the London Stock Exchange and is currently working on several other IPOs.

Both CSX and CISE have "recognised stock exchange" status from United Kingdom HMRC and both exchanges are affiliate members of the International Organisation of Securities Commissions (IOSCO).

"We are now uniquely placed to offer clients the choice of listing on either of two recognised stock exchanges as well as providing complementary fund administration and company secretarial services," commented Joe Truelove, Director of Carey Group.

Valia Theodoraki, Chief Executive Officer of the Cayman Islands Stock Exchange welcomed Carey Group's admission as a listing agent and said "We are very excited to have a CSX listing agent based in a European time zone with the experience and expertise of Carey Group's Guernsey team."

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