Jersey-based fund, corporate and private client service provider JTC has started trading as a public company on the London Stock Exchange (LSE) with a market capitalisation of £310 million (€351 million).
The move follows the recent announcement of an initial public offering (IPO) and after the firm raised £243.8 million in institutional investment prior to listing.
JTC is currently active in 17 different jurisdictions in Africa, the Americas, Asia-Pacific, the British Isles, the Caribbean and Europe and employs more than 550 staff.
The 30-year company has experienced significant growth in recent years through organic growth, mergers and acquisitions.
Chief executive Nigel Le Quesne said: “The IPO will provide us with access to the capital markets, as we look to deliver future growth, both organically and through our targeted acquisition strategy in a sector which we view as ripe for consolidation.”
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