Jersey-headquartered finance firm JTC has been promoted to the FTSE 250 Index.
The firm had been on the FTSE SmallCap Index, but moved up this week as a result of growth following its Initial Public Offering in 2018.
“We are delighted to enter the FTSE 250 and would like to thank our clients and investors for their support since our IPO and in particular during the challenges we have all faced in 2020,” JTC CEO Nigel Le Quesne (pictured) said.
“At JTC every single employee is a direct owner of the business and we believe that it is our shared ownership culture that differentiates our performance over the long-term. On behalf of the Board and management team, I would like to say a particular thanks to our people as it is the hard work and commitment of the JTC team globally that has made this possible.”
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