The Board of Directors of The International Stock Exchange Group Limited (the “Company”) issues an update on the Company’s recent trading ahead of the Annual General Meeting today at 9.15 a.m. and the release of the 2023 Interim Financial Report during quarter three 2023.
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· Listing volumes improved during Q2 2023 vs Q1 2023 but remained subdued |
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· Uncertain macro-economic conditions expected to continue to impact market activity throughout 2023 |
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· Targeted bond and equity fee increases implemented Q4 2022 to support revenue generation |
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· H1 2023 EPS expected to be ahead of H1 2022 |
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· First company, Blue Diamond Limited, onboarded to new TISE Private Markets service |
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· Positive progress on strategy to diversify and scale up the business |
Anderson Whamond, Chair of the Company, said: “The business continues to perform robustly despite the ongoing unsettled macro-economic conditions and while there is a healthy pipeline of new listings, we expect that broader market conditions will impair listing volumes throughout the rest of the year. I am also very pleased that the first company has joined our new private markets service, TISE Private Markets. Having launched this service recently, it is rewarding to onboard our first client and I am delighted that it is Blue Diamond Limited, which is a well-known Channel Islands success story. This expansion of our suite of products and services is a significant landmark in the delivery of our strategy to diversify and scale up the business to secure sustainable growth.”

Anderson Whamond
Chair, TISEG