Source - Alliance News

JTC PLC - Jersey-based professional services business - Completes acquisition of Blackheath Capital Management LLP following the receipt of all regulatory approvals. In November, the company announced its purchase of Blackheath, a London-based boutique asset manager, for an undisclosed price. JTC said that the deal would enhance its existing global alternative investment fund management solutions business in Ireland, Luxembourg and Guernsey, and allow it to ‘provide a full service offering to firms looking to launch, market, and manage UK alternative investment funds’.

Current stock price: 800.00 pence per share, down 0.4% in London on Monday morning.

12-month change: up 11%

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