Guernsey Keeps Top Status For Hosting Non-UK Entities Listed On LSE

Tom Burroughes

14 January 2016

The island of Guernsey is host to more non-UK entities that are listed on the London Stock Exchange than any other jurisdiction around the world, data shows, a fact that the offshore centre highlighted as these centres continue to battle for company and fund listings business.

At the end of December last year, there were 129 Guernsey-incorporated entities, a rise of seven in net terms (taking account of entities departing) over the past 12 months, figures from Guernsey Finance showed.

The figure for Guernsey is greater than equivalent LSE listings for countries incorporated in Russia (31), US (30), India (28), Australia (26), South Africa (7), Germany (5), China (4) and France (3). It was also ahead of centres such as Jersey (93), Ireland (54), the Isle of Man (54), the British Virgin Islands (43), Cayman (42) and Bermuda (36). These are trailed by Luxembourg (9), Gibraltar (7) and Malta (1).

In total, Guernsey, at 74, has the largest number of non-UK entities listed on the Main Market of the LSE, with 37 entities listed on the Alternative Investment Market. The island is also home to 18 of the 29 entities listed on the Specialist Funds Market, or SFM.