12:25 PM EDT, 04/27/2026 (MT Newswires) -- The High Court of Justice in England and Wales on Monday approved the scheme of arrangement facilitating Wise plc's (WISE.L) proposal to transfer its primary listing to Nasdaq in the US.

The scheme will make Wise Group the ultimate parent company of Wise, according to a same-day filing. The money transfer company expects to complete its dual listing in the second quarter, with a secondary listing maintained on the London stock exchange.

The scheme is expected to take effect on May 8, subject to the delivery of a copy of the court order to the Registrar of Companies. The delisting of Wise's shares and the admission of Wise Group's shares on the London bourse's main market are expected to take place on May 11.