REG - Aquis Exchange PLC - Board Change

Aquis ExchangeAnnouncement

31/10/2023 12:00

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RNS Number : 7729R  Aquis Exchange PLC  31 October 2023

 

31 October 2023

 

Aquis Exchange PLC

("Aquis", the "Company" or the "Group")

 

Board Change

 

Aquis Exchange PLC (AQX.L), the creator and facilitator of next-generation
financial markets, announces that Jonathan Clelland, Chief Operating Officer,
has advised the Board of his intention to retire in April 2024 at the
Company's forthcoming Annual General Meeting, at which time he will be
stepping down from his role and the Board.

 

David Stevens, Chief Revenue Officer and Head of the Group's Aquis Markets
division, will assume the role of Chief Operating Officer effective
immediately, with Jonathan staying on as a Special Advisor until his
retirement to ensure a smooth transition.

 

David joined Aquis Exchange PLC in May 2021 following several high-profile
financial services and financial technology roles. Before joining Aquis, David
was Chief Executive Officer of foreign exchange broker Global Reach Group.
Previous roles also include senior positions at global financial technology
company Investment Technology Group, JP Morgan and Goldman Sachs.

 

Alasdair Haynes, Chief Executive Officer at Aquis Exchange PLC said:

 

"Jonathan has had a profound influence on Aquis since our inception, having
played an integral role in building the finance and operations functions of
our business and ensuring we have a solid team in place for the delivery of
our strategy."

 

"His expert guidance and tireless commitment to Aquis have proven invaluable
to our achievements to date and, alongside the wider team, have allowed us to
grow significantly in scale and evolve our offering to what it is today. On
behalf of all at the Company, I would like to wholeheartedly thank him for his
contributions and wish him all the very best in his well-deserved retirement!"

 

"I would also like to congratulate David Stevens in his new role as Chief
Operating Officer. Since joining in May 2021, David has helped ensure
continued revenue growth and diversification across the business. He commences
his new role with this vital experience and Group-wide insight, and I look
forward to continuing our fantastic work to date."

 

 

Enquiries:

 

 Aquis Exchange PLC                                Tel: +44 (0)20 3597 6321
 Alasdair Haynes, CEO
 Richard Fisher, CFO                               Tel: +44 (0)20 3597 6329

 Adele Gilbert, Head of Marketing

 Investec Bank plc (Nominated Adviser and Broker)  Tel: +44 (0)20 7597 4000
 David Anderson
 Bruce Garrow
 Lydia Zychowska

 St John Hunter

 Canaccord Genuity Limited (Joint Broker)          Tel: +44 (0) 20 7523 8000

 Emma Gabriel

 George Grainger

 VSA Capital Limited (AQSE Corporate Adviser)      Tel: +44(0)20 3005 5000

 Andrew Raca

 Alma PR (Financial PR Adviser)                    Tel: +44 (0)20 3405 0209
 Josh Royston                                      aquis@almastrategic.com (mailto:aquis@almastrategic.com)
 Rebecca Sanders-Hewett
 Kieran Breheny

 

Notes to editors:

 

About Aquis Exchange PLC

Aquis Exchange PLC ("Aquis") is a creator and facilitator of next-generation
financial markets, through the provision of accessible, simple and efficient
stock exchanges, trading venues and technology.

Aquis consists of four divisions:

Aquis Markets operates lit and dark order books, covering 16 European markets.
For its lit books, 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 Technologies is the software and technology division of Aquis. It
focuses on building better markets via the creation and licensing of
cutting-edge, cost-effective exchange infrastructure technology and services,
including matching engine and trade surveillance solutions.

Aquis Data generates revenue from the sale of data derived from Aquis Markets
and Aquis Stock Exchange to non-Member market participants.

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'; the
Access market focuses on earlier stage growth companies, while Apex is the
intended market for larger, more established businesses.

Aquis is authorised and regulated by the UK Financial Conduct Authority and
France's Autorité de contrôle prudentiel et de résolution and L'Autorité
des marchés financiers to operate Multilateral Trading Facility businesses in
the UK & Switzerland markets and in EU27 markets respectively. Aquis
Exchange PLC is quoted on the Aquis Stock Exchange and on the AIM Market (AIM)
of the LSE. For more information, please go to www.aquis.eu
(http://www.aquis.eu/) .

 

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