Cains becomes TISE Member
Cains Listing Services Limited (CLSL), part of the Cains Group, has been admitted as the latest Isle of Man-based Listing Member of The International Stock Exchange (TISE).
Cains Listing Services Limited, part of the Cains Group, which includes leading independent law firm Cains Advocates Limited and corporate services provider, Cains Corporate Services Limited, which is licensed by the Financial Services Authority in the Isle of Man, has been approved to act as a Listing Agent and Sponsor to facilitate the listing of bonds and equities on TISE.
Built on a culture of responsiveness and innovation, TISE is a regulated marketplace for listing a wide range of bond and equity products. Today, there are more than 3,000 securities, with a total market value of more than GBP400 billion, listed on TISE.
Carolyn Gelling, Head of Equity Markets at TISE and lead for TISE in the Isle of Man, says: “I am delighted to welcome Cains as a Member of TISE. As a firm which is well known both in the Isle of Man and internationally, their Membership of TISE represents an exciting next step in the continued expansion of the ecosystem for servicing new and existing listings on TISE.”
Member firms within the Cains Group have been operating in the Isle of Man for over 100 years and have the capacity and experience to provide clients with an integrated package of services, including specialist legal expertise, corporate administration and trust services and now listing and sponsor services.
The directors of CLSL are Scott Leonard-Morgan, Tim Shepherd and Tristan Head. Between them they have over 60 years’ listing experience of acting for companies, shareholders and financial institutions across the globe with their equity and debt capital finance requirements.
Scott Leonard-Morgan says: “We are thrilled that Cains Listing Services has been approved as a Member of TISE. The directors of the firm have unparalleled listing experience across multiple international recognised stock exchanges, so to be able to offer our clients, as well as the clients of our group law firm and corporate services provider, the ability and flexibility to list their debt and equity securities on TISE is a very exciting opportunity. We look forward to working with our clients and TISE to showcase the benefits of using the Exchange, through the Isle of Man.”
Cains Listing Services is the fourth Isle of Man firm to become a Listing Member of TISE. There are now 37 Listing and Trading Members of TISE from across the Isle of Man, Guernsey, Jersey, and Ireland.