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Record Q1 for TISE listings

Record Q1 for TISE listings

Thursday 08 April 2021

Record Q1 for TISE listings

Thursday 08 April 2021


There were 225 newly listed securities on TISE during the first three months of 2021.

It is more than any other first quarter since the inception of the Exchange in 1998.

It took the total number of listed securities on TISE up by more than 2.3% from the end of December 2020 to 3,235 at 31 March 2021.

Cees Vermaas, CEO of The International Stock Exchange Group, said: “This is an impressive result. We had a strong 2020 and the momentum from the end of last year has continued into this year, despite the ongoing effects of the COVID-19 pandemic and Brexit. This demonstrates the resilience of our business, but it also puts us in a good position from which we can step up the implementation of our updated strategy.”

During the first quarter, the new listings on TISE comprised six UK Real Estate Investment Trusts (REITs), including M&G Shared Ownership REIT PLC. This took the total number of REITs listed on TISE to 35 at the end of March. 

Bond listings in the first quarter have included 16 high yield bonds, including issuances from pan-European group Altice (telecommunications), the Belgium-headquartered House HR (human resources) and US-headquartered Hertz (car rental). The total number of high yield bonds listed on TISE reached 299 at the end of March. 

Other bonds listings on TISE during the first three months of 2021 have included Chinese-backed data centre provider Global Switch, the English Premier League’s Crystal Palace Football Club and Scottish-originated and now international footwear provider, Schuh.

“As we can see from the number of international brands who are choosing to list on TISE, we already offer a responsive, innovative approach that is very attractive to clients," said Mr Vermaas.

"We will be building on that through an improvement of our proposition with the aim of gaining market share as a leading European professional bond market. This is just one of several initiatives which we will bring to market during this year through a refinement in operations and an investment in technology.”

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