REG - Aquis Exchange PLC - Appointment of New Chair

Aquis ExchangeAnnouncement

26/11/2021 07:00

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RNS Number : 6614T  Aquis Exchange PLC  26 November 2021

26 November 2021

Aquis Exchange PLC

("Aquis" or the "Group")

Appointment of New Chair

Aquis Exchange PLC (AQX.L), the exchange services group, is pleased to
announce that Glenn Collinson has been appointed to succeed Niki Beattie as
Chair of Aquis Exchange. The appointment is effective 1 January 2022.  Niki
steps down from the Board after nine years, having joined Aquis Exchange as
its first Chair in January 2013.

Glenn's appointment follows a search for a suitable successor to the position
of Chair of Aquis Exchange, co-ordinated by Senior Independent Director
Richard Bennett, which considered both external and internal candidates for
the role.

Glenn first joined the Company's Board in March 2019 before transferring to
the Board of Aquis Stock Exchange Limited ("AQSE") in March 2020. Glenn
re-joined the Group's Board on 17 September 2021 as an independent
non-executive director (INED).

Glenn started his career at Racal and worked for Motorola, Texas Instruments
and Cambridge Consultants Ltd. before co-founding Cambridge Silicon Radio in
1998. There he served as an executive director and helped grow the company
from a concept to a $3 billion market capitalisation entity in 2006 (as CSR
PLC) and one of the biggest players in the Bluetooth market. Since leaving CSR
he has held a number of non-executive directorships in UK and French companies
- both public and private - that specialise in technology.

He is a member of the Institute of Engineering and Technology and holds an MSc
in Electronics from Durham University as well as an MBA from Cranfield
University. He was a member of the CSR team that was awarded the Royal Academy
of Engineering's MacRobert Award for Innovation in 2005.

Niki Beattie commented:

"I am proud of how far Aquis Exchange has come and would like to thank the
Board, staff and shareholders for their support during my tenure. The Company
has grown and diversified significantly since I started. Now is an opportune
time to hand over to Glenn, with the business in great shape and well placed
for the next stage of its development.  I wish him and the company all the
best."

Glenn Collinson commented:

"I am very excited to have the opportunity to succeed to the position of Chair
of Aquis Exchange PLC. There is a very bright future ahead and I look forward
to working with the Board to continue to lead the Company into the next
successful stage of its journey. On behalf of the whole Board, I would like to
thank Niki for her outstanding service and pivotal contribution since
inception leading to the successful establishment of Aquis' in the European
financial services industry".

Alasdair Haynes, CEO of Aquis Exchange said:

"I am delighted that the Board has chosen Glenn Collinson as Niki's successor.
The last nine years have been a transformational period for Aquis Exchange and
the Board, under the leadership of Niki, has helped to lay strong foundations
for the future. With Glenn's wealth of experience and his knowledge of the
Group, with previous stints on both the Aquis Exchange and AQSE boards, I am
confident that his energy, perspective and commitment will support Aquis
Exchange to go from strength to strength."

 

Enquiries:

 Aquis Exchange PLC via

 Alma PR (Financial PR Adviser)                                Tel: +44 (0)20 3405 0209
 Susie Hudson                                                  aquis@almapr.co.uk
 Kieran Breheny
 Faye Calow

 Liberum Capital Limited (Nominated Adviser and Joint Broker)  Tel: +44 (0) 20 3100 2000
 Chris Clarke
 Clayton Bush
 Edward Thomas
 Kane Collings

 Canaccord Genuity Limited (Joint Broker)                      Tel: +44 (0) 20 7523 8000
 Bobbie Hilliam
 Patrick Dolaghan

 

Notes to Editors

About Aquis Exchange PLC

Aquis Exchange PLC is an exchange services group, which operates pan-European
cash equities trading businesses (Aquis Exchange), growth and regulated
primary markets (Aquis Stock Exchange/AQSE) and develops/licenses exchange
software to third parties (Aquis Technologies).

Aquis Exchange is authorised and regulated by the UK Financial Conduct
Authority and France's Autorité des Marchés Financiers to operate
Multilateral Trading Facility businesses in the UK/Switzerland and in EU27
respectively. Aquis operates lit order books and does not allow aggressive
non-client proprietary trading, which has resulted in lower market impact and
signalling risk on Aquis than other trading venues in Europe. According to
independent studies, trades on Aquis are less likely to lead to price movement
than on other lit markets. Aquis uses a subscription pricing model which works
by charging users according to the message traffic they generate, rather than
a percentage of the value of each stock that they trade.

Aquis Stock Exchange (AQSE) is a stock market providing primary and secondary
markets for equity and debt products. It is authorised as a Recognised
Investment Exchange, which allows it to operate a regulated listings venue.
The AQSE Growth Market is divided into two segments 'Access' and 'Apex', with
different levels of admission criteria. The Access market focuses on earlier
stage growth companies, while Apex is the intended market for larger, more
established businesses.

Aquis Technologies is the software and technology division of Aquis Exchange
PLC. It creates and licenses cutting-edge, cost-effective matching engine and
trade surveillance technology for banks, brokers, investment firms and
exchanges.

Aquis Exchange PLC (AQX.L) is listed on the Alternative Investment Market of
the LSE (AIM) market. For more information, please go to www.aquis.eu
(http://www.aquis.eu) .

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