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JTC announces ‘Intention to Float’ (ITF) on the London Stock Exchange

Admission to trading on the Main Market expected on 14 March 2018 with expected market capitalisation of £310 million.

JTC, a leading global provider of administration services to fund, corporate and private clients, has conditionally raised £243.8 million before expenses from an institutional placing of 84,070,254 ordinary shares (“Ordinary Shares” or “Shares”) at a price of 290 pence per Share (the “Price”) and has applied for admission of its Ordinary Shares to the premium listing segment of the Official List of the FCA and to trading on the London Stock Exchange’s main market for listed securities (together, “Admission”). Admission is expected to occur at 8.00 a.m. on 14 March 2018 with an expected market capitalisation of £310.0 million.

Please click here to read the full announcement

The Prospectus has also been submitted to the National Storage Mechanism and is available here to read.

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