IWG plc

IWG plc
Company typePublic
IndustryIndustrial services
Founded1989, Brussels, Belgium
Headquarters
Key people
Douglas Sutherland, Chairman
Mark Dixon, CEO
Productsserviced offices
RevenueIncrease £2,958 million (2023)[1]
Decrease £145 million (2023)[1]
Decrease £(216) million (2023)[1]
Websiteiwgplc.com
Regus Austria, Vienna

IWG plc, formerly Regus, is a British holding company.[2] It provides serviced offices under several brand-names, including Regus.[3] It was started in Brussels, Belgium, by Mark Dixon in 1989.[4] It is registered in Saint Helier, Jersey, and has its head office in Zug, Switzerland.[3] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[5]

In 2020 the company was in difficulty, and filed for bankruptcy for 97 entities connected to Regus and to its co-working brand Spaces. However, it was expected to break even in 2023 after three years of losses.

  1. ^ a b c "Annual Results 2023" (PDF). IWG plc. Retrieved 5 March 2024.
  2. ^ IWG PLC. Bloomberg. Accessed June 2021.
  3. ^ a b IWG PLC. Reuters. Accessed June 2021.
  4. ^ "Our History - Regus UK". regus.co.uk. Retrieved 3 April 2015.
  5. ^ "Constituents and weights". Ftse Russell. Retrieved 15 January 2021.