JTC SUPPORTS SAFECHARGE GUERNSEY MIGRATION

Published 22 Jan 2016

The Guernsey office of JTC, a multi-jurisdictional, independent provider of institutional and private client services, has supported AIM listed company SafeCharge in its recent re-domiciliation from the British Virgin Islands to Guernsey.

A leading provider of payments services, risk management and IT solutions to global online businesses, SafeCharge is listed on the London Stock Exchange’s AIM market and is currently capitalised at about £400 million.

In assisting with the migration to Guernsey, which was concluded on 30 October 2015, 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:

“We are delighted to have been appointed by SafeCharge to assist with their migration to Guernsey and to provide ongoing company secretarial and administration services. 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.”

Tim Mickley, Chief Financial Officer at SafeCharge, added:

“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. 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.”

JTC has significant experience in the listed funds space serving 20 listed companies on the Main Market, AIM, and Specialist Fund Market of the London Stock Exchange and also ranks in the top five listing sponsors on the Channel Islands Securities Exchange (CISE).