The offer price of £22.50 per share values TISE's entire issued and to-be-issued ordinary share capital at approximately £70.4 million.

TISE, headquartered in Guernsey. provides financial markets and securities services to public and private companies. Best known as one of Europe’s major professional bond markets, TISE reported having over 4,400 securities on its official list at the end of 2024, with a total market value of more than £750 billion.

MIH is a technology-driven leader in building and operating financial marketplaces enabled by in-house built, proprietary technology. Its holdings include Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX Sapphire™), MIAX Futures Exchange, LLC (MIAX Futures™), MIAX Derivatives Exchange (MIAXdx™), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).

The Reed Smith team advising on the deal included lawyers from the firm’s London and New York offices: lead partner Herb Kozlov, along with James Wilkinson (now retired), Delphine Currie, Kat McGriskin, Konstantinos (Dean) Melitsanopoulos and Alex Pierce.