Regus Plc incorporated IWG plc as its new holding company Dec. 19 after attaining the approval of the Royal Court of Jersey.

IWG plc is incorporated in Jersey and has its head office in Switzerland. The incorporation scheme, which includes a planned name change, was first initiated in November.

Scheme shareholders will receive one IWG ordinary share for every one Regus ordinary share held as of 6 p.m. London local time Dec. 16.

IWG's ordinary shares were admitted to the official list and to trading on the London stock exchange's main market for listed securities Dec. 19.