Ogier advises Wise plc on corporate reorganisation and establishment of Jersey holding company

Ogier's Corporate team in Jersey has advised global payments business Wise plc on its corporate reorganisation via a UK scheme of arrangement, resulting in the establishment of a new Jersey holding company, Wise Group plc.  

Following completion of the reorganisation on 8 May 2026, the shares of Wise Group plc were listed on the NASDAQ as a new primary listing and relisted on the London Stock Exchange as a secondary listing. Wise is a US$10 billion plus fin tech payments business, used by clients worldwide.   

Shareholders of Wise plc approved the reorganisation in July 2025. Upon completion of the scheme, shareholders received shares in Wise Group plc on a one-for-one basis, following satisfaction of all regulatory conditions.  

The move is intended to expand the pool of investors able to invest in Wise, increase liquidity in Wise shares, provide a potential pathway into inclusion in major US indices and accelerate growth in the US. 

The Jersey legal team was led by Raulin Amy and James Fox with support from Mark Watson and Marcela Tudose, whilst Ogier Global provided corporate administration services to Wise Group. The team worked alongside Wise plc’s lead counsel, Cooley (UK) LLP. 

Raulin said: "We are delighted to have worked closely with Wise and Cooley over the last 18 months, leading to the recent successful completion of this matter. The decision to establish the group’s new holding company in Jersey reflects the jurisdiction’s strength for international corporate structures.”