JTC Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nigel Le Quesne

Chief executive officer

UK£1.7m

Total compensation

CEO salary percentage	28.5%
CEO tenure	6.3yrs
CEO ownership	6.7%
Management average tenure	3.7yrs
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nigel Le Quesne's remuneration changed compared to JTC's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	UK£2m	UK£492k	UK£22m
Sep 30 2023	n/a	n/a	UK£24m
Jun 30 2023	n/a	n/a	UK£25m
Mar 31 2023	n/a	n/a	UK£30m
Dec 31 2022	UK£1m	UK£448k	UK£35m
Sep 30 2022	n/a	n/a	UK£23m
Jun 30 2022	n/a	n/a	UK£11m
Mar 31 2022	n/a	n/a	UK£19m
Dec 31 2021	UK£1m	UK£435k	UK£27m
Sep 30 2021	n/a	n/a	UK£32m
Jun 30 2021	n/a	n/a	UK£37m
Mar 31 2021	n/a	n/a	UK£24m
Dec 31 2020	UK£1m	UK£420k	UK£11m

Compensation vs Market: Nigel's total compensation ($USD2.17M) is above average for companies of similar size in the German market ($USD1.51M).

Compensation vs Earnings: Nigel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Nigel Le Quesne (62 yo)

6.3yrs

Tenure

UK£1,727,000

Compensation

Mr. Nigel Anthony Le Quesne served as Non-Executive Director at Brooks Macdonald International Investment Funds Ltd (formerly Lloyds Investment Funds Ltd) since December 1, 2021 until December 31, 2021. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nigel Le Quesne	Group CEO & Executive Director	no data	UK£1.73m	6.66% £ 116.6m
Martin Fotheringham	Group Chief Financial Officer & Executive Director	9.3yrs	UK£1.25m	0.46% £ 8.0m
Wendy Holley	COO, Chief Sustainability Officer & Executive Director	2.3yrs	UK£937.00k	0.26% £ 4.5m
Adam Jeffries	Group Chief Information Officer	10.3yrs	no data	no data
William Byrne	Chief Group Counsel	5.3yrs	no data	no data
Sarah Kittleson	Group Director of Risk & Compliance	2.1yrs	no data	no data
David Vieira	Chief Communications Officer & Group Head of Sustainability Services	no data	no data	no data
Carol Graham	Group Director of Human Resources	no data	no data	no data
Tracey McFarlane	Chief Operating Officer of Private Client Services	4.1yrs	no data	no data
Kenny Rae	MD of Jersey & COO of Institutional Client Services	3.3yrs	no data	no data
Timothy Knight	Head of Corporate Services of Jersey	3yrs	no data	no data
Iain Johns	Group MD & Group Head of Private Client Services	no data	no data	0.28% £ 5.0m

3.7yrs

Average Tenure

58yo

Average Age

Experienced Management: 2N9's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nigel Le Quesne	Group CEO & Executive Director	6.3yrs	UK£1.73m	6.66% £ 116.6m
Martin Fotheringham	Group Chief Financial Officer & Executive Director	6.3yrs	UK£1.25m	0.46% £ 8.0m
Wendy Holley	COO, Chief Sustainability Officer & Executive Director	4.8yrs	UK£937.00k	0.26% £ 4.5m
Dermot Colin Mathias	Independent Senior Non-Executive Director	6.2yrs	UK£80.00k	0.016% £ 279.6k
Michael Liston	Independent Non-Executive Chairman	6.2yrs	UK£120.00k	0.028% £ 491.3k
Michael Gray	Independent Non-Executive Director	6.2yrs	UK£70.00k	0.011% £ 186.3k
Erika Schraner	Independent Non-Executive Director	4.5yrs	UK£70.00k	0.010% £ 174.4k
Kate Beauchamp	Independent Non-Executive Director	2.2yrs	UK£65.00k	0.0088% £ 154.4k

6.2yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 2N9's board of directors are considered experienced (6.2 years average tenure).

JTC Management

Management criteria checks 2/4

Key information

Recent management updates

JTC PLC, Annual General Meeting, May 21, 2024

Key Executive recently sold €863k worth of stock

JTC Announces Appointment of Smith as Director of Sustainability Services

JTC PLC Appoints Richard Van't Hof and Greg Russell as Managing Director - Fund Services, and Head of Depositary Respectively

Insufficient new directors

JTC PLC Announces Appointment of Wendy Holley as an Additional Member of the Nomination Committee

Recent updates

Now 20% overvalued after recent price rise

JTC PLC (LSE:JTC) agreed to acquire First Republic Trust Company of Delaware LLC (FRTC-DE) from JPMorgan Chase Bank, National Association for $21 million.

Final dividend of UK£0.077 announced

JTC PLC Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 28 June 2024

Full year 2023 earnings released: EPS: UK£0.14 (vs UK£0.24 in FY 2022)

JTC PLC (LSE:JTC) acquired Blackheath Capital Management LLP.

JTC PLC, Annual General Meeting, May 21, 2024

Key Executive recently sold €863k worth of stock

JTC Announces Appointment of Smith as Director of Sustainability Services

First half 2023 earnings released: EPS: UK£0.076 (vs UK£0.14 in 1H 2022)

JTC PLC Declares Interim Dividend, Payable on 20 October 2023

JTC PLC (LSE:JTC) completed the acquisition of South Dakota Trust Company, L.L.C.

JTC PLC to Report First Half, 2023 Results on Sep 12, 2023

New minor risk - Shareholder dilution

JTC PLC has completed a Follow-on Equity Offering in the amount of £62.000001 million.

JTC PLC (LSE:JTC) entered into a definitive agreement to acquire South Dakota Trust Company, L.L.C. for approximately $270 million.

JTC PLC Approves Final Dividend, Payable on June 30, 2023

Upcoming dividend of UK£0.069 per share at 1.4% yield

JTC PLC Appoints Richard Van't Hof and Greg Russell as Managing Director - Fund Services, and Head of Depositary Respectively

Full year 2022 earnings released: EPS: UK£0.24 (vs UK£0.20 in FY 2021)

JTC PLC to Report Fiscal Year 2022 Results on Apr 11, 2023

Insufficient new directors

JTC PLC (LSE:JTC) acquired New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc.

First half 2022 earnings released: EPS: UK£0.14 (vs UK£0.30 in 1H 2021)

JTC PLC (LSE:JTC) agreed to acquire New York Private Trust Company (NYPTC) from Emigrant Bancorp, Inc.

Investor sentiment improved over the past week

JTC PLC Announces Appointment of Wendy Holley as an Additional Member of the Nomination Committee

Upcoming dividend of UK£0.051 per share

COO & Executive Director recently bought €120k worth of stock

COO & Executive Director recently bought €120k worth of stock

Full year 2021 earnings released: EPS: UK£0.20 (vs UK£0.09 in FY 2020)

JTC PLC Declares Full Year Dividend for 2021

Group Head of Technology Strategy recently sold €465k worth of stock

Group Head of Technology Strategy recently sold €65k worth of stock

Group Head of Technology Strategy recently sold €267k worth of stock

JTC PLC Provides Earnings Guidance for the Full Year 2022

JTC PLC (LSE:JTC) acquired Essential Fund Services International, LLC from Gerard M. Federici.

Investor sentiment improved over the past week

First half 2021 earnings released: EPS UK£0.30 (vs UK£0.086 in 1H 2020)

JTC PLC (LSE:JTC) agreed to acquire Ballybunion Capital Limited from Patrick O'Sullivan.

Key Executive recently bought €736k worth of stock

Key Executive recently bought €1.5m worth of stock

JTC PLC Reaffirms Earnings Guidance for the Full Year 2021

Key Executive recently sold €351k worth of stock

Upcoming dividend of UK£0.043 per share

JTC PLC (LSE:JTC) completed the acquisition of Indos Financial Limited from its management team and a group of private shareholders.

JTC PLC Approves Final Dividend

Group Head of Technology Strategy recently sold €417k worth of stock

JTC PLC has completed a Follow-on Equity Offering in the amount of £65.881684 million.

Full year 2020 earnings released: EPS UK£0.09 (vs UK£0.15 in FY 2019)

JTC PLC (LSE:JTC) agreed to acquire Indos Financial Limited from its management team and a group of private shareholders for £12.5 million.

New 90-day high: €7.30

New 90-day high: €6.55

JTC PLC to Report Fiscal Year 2020 Results on Apr 13, 2021

JTC PLC (LSE:JTC) agreed to acquire RBC cees Limited from RBC Holdings (Channel Islands) Limited for £20 million.

Mike Liston Steps Down as A Member of Audit and Risk Committee of JTC plc

JTC PLC(LSE:JTC) dropped from FTSE All-Small Index (GBP)

New 90-day high: €6.16

New 90-day high: €5.62

New 90-day low - €4.80

New 90-day high - €5.36

JTC PLC (LSE:JTC) completed the acquisition of NES Financial Corp. from the management and external shareholders of NES Financial Corp.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age