The Guernsey office of JTC, a multi-jurisdictional, independent provider of institutional and private client services, has been commended for its support in the re-domiciliation of AIM listed company SafeCharge from the British Virgin Islands to Guernsey.
A provider of payments services, risk management and IT solutions to global online businesses, SafeCharge is listed on AIM of the London Stock Exchange (LSE) and is currently capitalised at about £400 million.
"The group's migration to Guernsey represents a key milestone and gives us a strong base from which to access the major London investment market and continue to grow the business," said Tim Mickley, Chief Financial Officer at SafeCharge.
"We were delighted with how seamless the migration was, with the team at JTC demonstrating strong planning and organisational skills throughout the process and continuing to meet our expectations with their ongoing administration services."
In assisting with the migration to Guernsey JTC provided a range of corporate administration services and is now engaged to provide ongoing company secretarial and registered office services.
Paul Duquemin, Group Director, JTC, said: "The move is another fantastic reflection of Guernsey as the domicile of choice for London listed companies as well as its growing reputation as a centre for fintech business. JTC Guernsey now serves 15 London listed companies representing a substantial share of the Guernsey market, further underlining our credentials in this space."
JTC has significant experience in the listed funds space serving 20 listed companies on the Main Market, AIM, and Specialist Fund Market of the LSE and also ranks in the top five listing sponsors on the Channel Islands Securities Exchange (CISE).
For more information about Guernsey's finance industry please visit www.guernseyfinance.com.
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