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The International Stock Exchange has recorded the second highest annual total listings since its inception, despite the effects of corona virus on the market.
There have been 831 listings, which is a 27% increase on 2019.
“It is really pleasing that our business flows have held up so well this year,” said CEO of TISE, Cees Vermaas, “despite the impact of Covid-19 across the world.”
“What we have seen is that while Covid-19 may have disrupted or slowed some market activity, it has also generated other new listings business as companies refinance, whether opportunistically or essentially, in the face of the changing economic conditions.”
There has also been growth in UK Real Estate Investment Trusts.
“These trends not only demonstrate our resilience in being able to continue to operate the market safely and effectively in the face of unprecedented events but at the same time, develop our proposition as a responsive and cost-effective listing venue.”
Pictured top: “2020 brought us many challenges but it is also proved that TISE is well positioned for the future,” said Mr Vermaas.
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