Channel Islands Listing Agent: Ogier Corporate Finance Limited
Ogier Corporate Finance Limited was a founding member of the CISX when the Exchanged launched in 1998 and as at 30th June 2010, remains the leading sponsor of listings on the Channel Islands Stock Exchange (CISX).
The firm has listed a total of 394 issuers which equates to a market share of 16.23% of all entities listed and remaining listed on the Exchange since its inception in 1998. Ogier has consistently been the leading sponsor firm on this Exchange in recent years and in the first half of 2010, listed 42 issuers comprising 34 SPVs, five bond issuers, two open-ended investment funds and one equity listing. Of the combined bond and SPV sectors which comprise the specialist securities category on the Exchange, Ogier holds a 33.5% market share, having sponsored 363 of the total 1083 listed entities. This is a significantly higher share than any other listing agent and is assisted by Ogier’s profile as a trusted structured finance advisory firm.
Ogier Corporate Finance Limited offers listings services on the CISX through our Jersey and Guernsey offices and acts as a sponsor in relation to the listings of debt securities, investment funds, trading company shares and other securities on the Exchange.
The Channel Islands Stock Exchange
The Channel Islands Stock Exchange (CISX) offers a service and structure unique in the European time zone and has become the exchange of choice for a growing number of international issuers.
The CISX has attracted international recognition as demonstrated by its designation by the US Securities and Exchange as a Designated Offshore Securities Market under Regulation S of the Securities Act 1933, its recognition by the UK Inland Revenue under Section 841 of the Income and Corporation Taxes Act 1988 and its designation by the UK Financial Services Authority as a Designated Investment Exchange within the meaning of the Financial Services and Markets Act 2000. In 2009, the CISX became the first exchange to provide OEIC settlement with Euroclear UK and in Ireland.
The securities admitted to the official list of the CISX include diverse legal structures such as protected cell companies and limited partnerships. There are also a wide variety of investment vehicles including Eurobonds, hedge funds, property funds, structured debt, warrants and special purpose vehicles, to name a few.
The CISX offers a personalised approach and fast-track processing of listing applications within a highly regulated and innovative marketplace. Listings on the CISX have grown rapidly since 1998 with over 3500 securities having been listed since launch, for a total market capitalisation of over US$17bn.