# IG Group Wins Court Approval for Jersey Holding Company Plan

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/57257
Published: 2026-11-14T07:15:24.000Z
Updated: 2026-11-14T07:15:24.000Z
Section: Regulation

> The proposed structure puts Jenkins Topco plc at the top of the group through a one-for-one share exchange. IG would remain UK tax resident and London-listed if the scheme takes effect.

IG Group received court approval Nov. 11 for a plan to make Jersey-incorporated Jenkins Topco plc its holding company, a corporate change that would leave the broker UK tax resident and London-listed.

Under the arrangement, Jenkins Topco would be renamed IG Group Holdings plc. Shareholders would exchange each existing share for one share in the new company. If completed, the plan would leave IG’s London presence and employees unchanged, along with its UK tax residence and London listing.

IG announced the proposal in July 2026, and shareholders approved it at meetings Sept. 3. The court’s approval followed on Nov. 11.

The next steps depend on delivery of the court order to the Registrar of Companies. IG expected the order to be delivered by 3 p.m. ET Nov. 13 (20:00 UTC). The new shares’ admission to the London Stock Exchange and the delisting of existing shares were scheduled for 3 a.m. ET Nov. 16 (08:00 UTC), subject to the scheme taking effect.