“Having launched this service very recently, it is extremely rewarding to onboard our first client and I am delighted that it is Blue Diamond.  

“The company is a well-known Channel Islands success story that has the right profile to join a public market so we are proud that instead they chose to support us in the development of this service and become the first company to join TISE Private Markets.” 

The Group Finance Director and Company Secretary of Blue Diamond has welcomed the move. 

“We are delighted to be the first company to join TISE Private Markets,” said Richard Hemans. 

“This service provides a fantastic solution for private companies, like Blue Diamond, whose shareholders want a better way to trade their shares but without the cost, regulatory burden, and loss of control that a public listing entails.  

“We believe that using the bespoke auction trading model and wider functionality of TISE Private Markets will support liquidity, enhance price discovery and make share trading more transparent for sellers and buyers, and therefore ensure that the share price better reflects the company’s underlying fundamentals.”