From Wikipedia, the free encyclopedia
JTC plc
Company type Public limited company
IndustryFinancial services
Founded1987
Headquarters Jersey
Key people
Mike Liston ( Chairman)
Nigel Le Quesne ( CEO)
Martin Fotheringham ( CFO)
RevenueIncrease £257.4 million (2023) [1]
Increase £52.7 million (2023) [1]
Decrease £21.8 million (2023) [1]
Website www.jtcgroup.com

JTC plc is a provider of fund administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]

History

The company was established as Jersey Trust Company in Jersey in 1987 to provide fund management services to clients. [3] After buying Merrill Lynch's international trust and wealth structuring business in May 2017, [3] the company was the subject of an initial public offering on the London Stock Exchange in March 2018. [4] The company made two major acquisitions in 2020: it bought Sanne Group's private client business in March 2020 [5] and then bought NES Financial for $40 million in April 2020. [6] [7] It is based in Jersey but also has offices in Cape Town, Guernsey and Luxembourg: it employs some 650 staff globally. [8]

References

  1. ^ a b c "Preliminary Results 2023". JTC plc. Retrieved 12 April 2024.
  2. ^ "Hastings Group Holdings (UK): Constituent Deletion - Update". FTSE Russell. 11 November 2020. Retrieved 14 November 2020.
  3. ^ a b "JTC acquires Merrill Lynch's international trust and wealth structuring business". Wealth Adviser. 29 May 2017. Retrieved 14 November 2020.
  4. ^ "Financial services firm JTC prices London IPO at 290p/share". Reuters. 9 March 2018. Retrieved 14 November 2020.
  5. ^ "Jersey's SANNE sells its private client business to JTC". International Investment. 17 March 2020. Retrieved 14 November 2020.
  6. ^ "Fund administrator JTC acquires NES Financial in $40m deal". Global Custodian. 2 April 2020. Retrieved 14 November 2020.
  7. ^ "JTC's $116 Million Acquisition of NES Financial". Global Legal Chronicle. 7 April 2020. Retrieved 14 November 2020.
  8. ^ "Shared ownership model central to driving growth". 14 November 2020. 18 April 2019. Retrieved 14 November 2020.

External links

From Wikipedia, the free encyclopedia
JTC plc
Company type Public limited company
IndustryFinancial services
Founded1987
Headquarters Jersey
Key people
Mike Liston ( Chairman)
Nigel Le Quesne ( CEO)
Martin Fotheringham ( CFO)
RevenueIncrease £257.4 million (2023) [1]
Increase £52.7 million (2023) [1]
Decrease £21.8 million (2023) [1]
Website www.jtcgroup.com

JTC plc is a provider of fund administration services. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. [2]

History

The company was established as Jersey Trust Company in Jersey in 1987 to provide fund management services to clients. [3] After buying Merrill Lynch's international trust and wealth structuring business in May 2017, [3] the company was the subject of an initial public offering on the London Stock Exchange in March 2018. [4] The company made two major acquisitions in 2020: it bought Sanne Group's private client business in March 2020 [5] and then bought NES Financial for $40 million in April 2020. [6] [7] It is based in Jersey but also has offices in Cape Town, Guernsey and Luxembourg: it employs some 650 staff globally. [8]

References

  1. ^ a b c "Preliminary Results 2023". JTC plc. Retrieved 12 April 2024.
  2. ^ "Hastings Group Holdings (UK): Constituent Deletion - Update". FTSE Russell. 11 November 2020. Retrieved 14 November 2020.
  3. ^ a b "JTC acquires Merrill Lynch's international trust and wealth structuring business". Wealth Adviser. 29 May 2017. Retrieved 14 November 2020.
  4. ^ "Financial services firm JTC prices London IPO at 290p/share". Reuters. 9 March 2018. Retrieved 14 November 2020.
  5. ^ "Jersey's SANNE sells its private client business to JTC". International Investment. 17 March 2020. Retrieved 14 November 2020.
  6. ^ "Fund administrator JTC acquires NES Financial in $40m deal". Global Custodian. 2 April 2020. Retrieved 14 November 2020.
  7. ^ "JTC's $116 Million Acquisition of NES Financial". Global Legal Chronicle. 7 April 2020. Retrieved 14 November 2020.
  8. ^ "Shared ownership model central to driving growth". 14 November 2020. 18 April 2019. Retrieved 14 November 2020.

External links


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