SafeCharge International Group Limited has relocated its fund
domicile from the British Virgin Islands to Guernsey.
The company which was floated on AIM of the London Stock
Exchange (LSE) in April 2014, raising US$125 million, now regularly
ranks in the FTSE AIM 100. SafeCharge is an international provider of
payments services, technologies and risk management solutions,
providing its services to a number of online and mobile
businesses.
At the time of migration, which was completed on 30 October, it
was capitalised at around £400 million.
SafeCharge's decision to move to Guernsey was motivated by
several factors, one of those being Guernsey's reputation as a
base for a number of funds and companies which are listed on the
LSE. The company also viewed Guernsey as well-positioned for it to
make a potential move to the LSE's Main Market in the future.
This is bolstered by the fact that Guernsey companies benefit from
the City Code on Takeovers and Mergers, which
