The redomiciliation has limited impact on the day-to-day operations of our business
The redomiciliation has no impact on our tax status. The Group operating companies’ jurisdictions of tax residence have not changed as part of the transaction and the new Bermuda parent company remains a UK taxpayer.
The Group continues trading on Nasdaq (under the symbol “MRX”) and continues to be governed by the rules and regulations of both Nasdaq and the SEC.
There has been no impact on the Group’s services, its day-to-day operations, credit ratings, financial statements or employee base.
The Group continues to have access to the same debt financing arrangements as it did previously.
There are no changes to the Group’s Board composition or its governance mandate, nor changes to the senior management team.
Shareholders’ rights and protections have been preserved under the Group’s new structure, with minimal changes made to the position of our existing shareholders under our new governing documents.