Ross Crick, Manager at VG explains “A Jersey Cash Box offers PLCs, listed on the Main Market of the London Stock Exchange (LSE) or Alternative Investment Market (AIM), an alternative financing tool to expedite and raise cash by issuing shares without the time and monetary restrictions of the pre-emption rights regime under the Companies Act 2006.”
“Jersey has become a jurisdiction of choice for Cash Box transactions amongst our established onshore and offshore legal and tax network as Jersey Companies Law makes redemption of preference shares a quick and simple process.”
Claire Malkoun, Director of Business Development at VG adds “When faced with a potential cash flow crisis, particularly given these unprecedented times, PLCs may need an alternative, fast, flexible and cost-effective way of raising capital to safeguard the future of their businesses and staff. In response, we now offer PLCs an integrated and competitively priced solution by providing all the company incorporation, administration and governance services they may require under Jersey law for a Cash Box transaction.”
Managing Director, Iain Mason, adds “VG’s commitment to attracting and retaining the best talent has produced a team with a wealth of experience covering every aspect of Cash Box transactions. This allied to the valuable partnerships we enjoy with tax and legal professionals has enabled VG to add another offering to the broad range of fiduciary solutions we provide to corporate and private clients”.