CISE Lists On Its Own Exchange

The Channel Islands Securities Exchange Limited (CISE) has set an example for other companies to follow by listing on its own Exchange.

The CISE is the parent company of the Group which owns and operates the Exchange.

It has been admitted to the Official List of the Exchange operated by its wholly owned subsidiary, the Channel Islands Securities Exchange Authority Limited (CISEA).

The company has not raised any additional capital but has been admitted by way of introduction of the existing 2,461,000 ordinary shares.

CISE Chairman Jon Moulton said: "By listing its shares, the company is demonstrating to shareholders and any future investor that it is willing to follow the listing rules of CISEA and adhere to its own required standards of transparency and governance.