New corporate registrar sees growth accelerating
London, January 16th 2018 – Avenir Registrars Ltd, a provider of CREST registry services, has signed its 100th client. The company celebrated its third anniversary in September Avenir now acts as registrar for a wide range of securities, including debt and equity issuance on a number of markets including the main board of the London Stock Exchange.
Dr. Hardeep Tamana, Managing Director of Avenir Registrars Ltd, commented: “Since our launch in 2014, we have set about shaking up the provision of CREST enabled registry services. To now be working with one hundred clients underlines the wholly scalable nature of our solution and we look forward to further rapid growth into the New Year.”
The 100th client was an equity issuance by pre-IPO issuer, with ambitious plans to market services in the markets of China and the Far East. It plans a listing on Nasdaq First North in the near future.
All companies have a legal duty to maintain an up-to-date register of securities ownership. Although this obligation can be conducted in-house, typically a third-party registrar is appointed to manage this responsibility. As the first new CREST registrar in over twenty years, Avenir’s technology has been built from the ground up to deliver a revolutionary pricing model, with client support delivered by a team of experienced advisers.
Avenir’s clients include both privately and publicly held businesses who have issued both debt and equity. Collectively, their instruments are listed at venues including NEX, the International Stock Exchange, the Gibraltar Stock Exchange, Nasdaq OMX and the London Stock Exchange.