Norton Rose Fulbright advises on JTC PLC Main List IPO

Global law firm Norton Rose Fulbright has advised financial services firm JTC PLC (JTC) on its admission to trading on the main market of the London Stock Exchange and associated £243.8 million institutional placing.

The IPO placing raised net proceeds of £218.2 million for the selling shareholders and £15.1 million for JTC. JTC was valued at £310 million at admission on March 14, 2018.

The financial adviser was Zeus Capital, the sponsor was Stockdale Securities, and Zeus Capital and Numis Securities were joint bookrunners.

JTC is a leading independent provider of global fund, corporate and private client services.

The Norton Rose Fulbright team in London was led by corporate partner Richard Sheen and senior associate Clementine Hogarth.

Carey Olsen acted as Jersey legal adviser to JTC and Travers Smith acted for the sponsor and joint bookrunners.

For further information please contact:

Louise Nelson, Senior PR Manager
Tel: +44 (0)20 7444 5086; Mob: +44 (0)7909 684 893
louise.nelson@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright

Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, the Middle East and Africa.

Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.

Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.

Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices.