Ownership of Jersey Electricity shares (FOI)

​Request

Who has shares in the Jersey Electricity Company and when were they purchased?

Response

The information requested is not held by the Government of Jersey, therefore Article 3 of the Freedom of Information (Jersey) Law 2011 applies.

Jersey Electricity’s ‘A’ Ordinary Shares are listed on the London Stock Exchange main market and are regulated by the Listing Rules which are applicable to any company listed in the United Kingdom and subject to oversight of the Financial Conduct Authority (FCA).

The most up to date version of the Listing Rules can be found in the following link:

Listing Rules (fca.org.uk)

As required by the Listing Rules, Jersey Electricity publishes details of the holdings of voting rights of 3% or more in their Annual Report. The information can be found in the following link on page 57:

Jersey Electricity Report and Accounts 2020

Article applied

Article 3 - Meaning of “information held by a public authority”

For the purposes of this Law, information is held by a public authority if –

(a) it is held by the authority, otherwise than on behalf of another person; or

(b) it is held by another person on behalf of the authority.