News
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Simcocks in CISX milestone listing
Simcocks Advocates is celebrating after playing a key role in the 2000th listing on the Channel Islands Stock Exchange.
Isle of Man collective investment fund, Lansdown Atlantic Life Settlement Fund PLC, was advised by Simcocks director, Ita McArdle who says the CISX has international appeal.
Ms McArdle said: “This is the latest in a succession of our clients’ companies we have assisted in listing on CISX.
“We find the responsive and constructive approach of the CISX encourages us to recommend this listing option to our clients even to the point where we have hosted a visit from CISX. Our experiences have all been very positive.
“We are delighted Lansdown has the distinction of being the 2000th company listed on CISX and congratulate all in such a tremendous achievement.”
Lansdown manager, David Traill said: “We are delighted and proud to be the 2000th listing on the CISX. We would like to express our thanks to Simcocks as our legal representatives and Class Managers Limited as our fund administrator for the great work executed in getting the Fund to this stage.
“To be listed on the CISX gives us a broader appeal in the wider international arena and shows the dedication of all those involved in such a successful operation.”
Jeremy Bridle of the fund administrator, based in Victoria Street, Douglas, said: “We are also delighted to have been involved in this achievement for the Fund and for CISX. We have several funds currently considering a listing on CISX and look forward to assisting them with this opportunity in the future.”
Tamara Menteshvili, CISX chief executive, said: “This milestone is important not only from a business growth perspective – it also signifies the wide acceptance of the CISX, both locally and internationally.
“We are very pleased to have such a quality name added to the CISX official list.”
Notes to Editors:
Simcocks Advocates is based at Ridgeway House, Ridgeway Street, Douglas, Isle of Man IM99 1PY. Telephone 01624 690300 or www.simcocks.com
Simcocks provide an extensive range of legal services broadly grouped into the areas of commercial, litigation and private client.
The firm represents both large, established, institutions and small businesses. The Investment Funds and Capital Markets department is headed by Ita McArdle.
