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Media Release

Ogier remains leading sponsor of CISE listings

Ogier remains leading sponsor of CISE listings

Friday 03 February 2017

Ogier remains leading sponsor of CISE listings


MEDIA RELEASE: The views expressed in this article are those of the author and not Bailiwick Express, and the text is reproduced exactly as supplied to us

Ogier remains the leading sponsor of listings on the Channel Islands Securities Exchange Authority Limited (the CISE), new figures have confirmed.

More than a quarter of all listings on the CISE were sponsored by Ogier's listings teams in Jersey and Guernsey – with the firm clearly leading in listings of bonds, corporate debt and Special Purpose Vehicles. 

Katrina Edge, who heads Ogier's European banking and finance team from the firm's Jersey office, said that the market share figures demonstrated the team's expertise in listings.

Overall figures from the CISE show an 18.7% increase in new listings and a 10% increase in the market capitalisation of listed securities over 2016, and the growth could be set to continue.

Ogier's figures for 2016 show a 26% total market share in overall listings and leading market share in the categories of corporate debt (64%), bonds (38%) and special purpose vehicles (31%).

Katrina said: "These figures are a welcome endorsement of the expertise and continued strength of Ogier's listing teams.

"It is positive to see growth in the number of new listings and market capitalisation of the CISE itself, which broke new ground with the first regulated bitcoin fund to be listed on any exchange.

"We expect to see further growth in this area in 2017 – a variety of factors including a renewed appetite for high yield bonds, the exchange's place outside the new EU Market Abuse Regulations and an increase in both private equity and intra-group listings paint a positive picture for the next 12 months."

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