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JTC plc

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This is an old revision of this page, as edited by Dormskirk (talk | contribs) at 01:22, 14 November 2020 (expand). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
JTC plc
Company typePublic limited company
LSEJTC
IndustryFinancial services
Founded1987
HeadquartersJersey
Key people
Mike Liston (Chairman)
Nigel Le Quesne (CEO)
Revenue£99.3 million (2019)[1]
£23.0 million (2019)[1]
£17.2 million (2019)[1]
Websitewww.jtcgroup.com

JTC plc is a provider of fund management services. It is listed on the London Stock Exchange and will join the FTSE 250 Index on 16 November 2020.[2]

History

Established in Jersey in 1987 to provide fund management services to clients, the company was the subject of an initial public offering on the London Stock Exchange in 2018.[3] The company made two major acquisitions in 2020: it bought Sanne Group's private client business in March 2020[4] and then bought NES Financial for $40 million in April 2020.[5] It is based in Jersey but also has offices in Guernsey and Luxembourg: it employs some 650 staff globally.[6]

References

  1. ^ a b c "Annual Report 2019" (PDF). JTC plc. Retrieved 14 November 2020.
  2. ^ "Hastings Group Holdings (UK): Constituent Deletion - Update". FTSE Russell. 11 November 2020. Retrieved 14 November 2020.
  3. ^ "Financial services firm JTC prices London IPO at 290p/share". Reuters. 9 March 2018. Retrieved 14 November 2020.
  4. ^ "Jersey's SANNE sells its private client business to JTC". International Investment. 17 March 2020. Retrieved 14 November 2020.
  5. ^ "Fund administrator JTC acquires NES Financial in $40m deal". Global Custodian. 2 April 2020. Retrieved 14 November 2020.
  6. ^ "Shared ownership model central to driving growth". 14 November 2020. 18 April 2019.