The
International Stock Exchange (TISE), which is headquartered in
Guernsey, has revised its Listing Rules for trading companies, in
particular to appeal to Small and Medium Sized Enterprises
(SMEs).
TISE has a long term strategy of attracting more listings from
growth companies based in the UK as well as its 'home'
markets of the Channel Islands and the Isle of Man.
TISE CEO Fiona Le Poidevin said: "Owners of SMEs require
access to affordable capital in order to scale up their businesses,
but this is proving increasingly difficult.
"That is the case across the funding landscape and in terms
of the capital markets, the significant expense and overly onerous
requirements to gain admission to a traditional stock market are
acting as a barrier to entry for many growth companies.
