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RNS Number : 0264W JP Jenkins 10 March 2026
JP Jenkins to launch world's first PISCES liquidity event
QPLAY trading window set to go live 18th March, 2026
London, 10(th) March 2026 - JP Jenkins (www.jpjenkins.com
(http://www.jpjenkins.com) ), the established UK venue for unlisted companies,
has this morning announced that it will conduct the first ever PISCES
liquidity event by providing a trading facility for its client QPLAY on the JP
Jenkins Private Market. Facilitated by legislation enacted less than a year
ago and following JP Jenkins' securing of a PISCES operator licence in
November 2025, QPLAY will make history as the launch company for this new and
innovative trading mechanism.
The deal has been facilitated by a groundbreaking partnership with investment
management firm, Sapphire Capital Partners, enabling portfolio companies to
access JP Jenkins' regulated Private Market.
Veronika Oswald, Commercial Director of JP Jenkins commented:
"PISCES was designed to provide a seamless and transparent way for approved
investors to buy and sell shares in companies that didn't want or need a full
market listing. Being the first operator to conduct a PISCES liquidity event
is a major milestone for the team at JP Jenkins, along with the policymakers
and partners who we have worked closely with over the last few years. We would
also like to extend our congratulations to QPLAY, a Velocity Capital portfolio
company, who are making history with this game-changing move."
Enabling successful, growing British companies like QPLAY and their investors
to have direct, transparent access to secondary markets is a cornerstone of
the PISCES project, whilst also reflecting JP Jenkins' mission to drive the
evolution and innovation of capital markets. Approved Intermediaries and other
regulated institutions connect directly to the order book maintained by JP
Jenkins over existing order management infrastructure. This integration of JP
Jenkins Private Market with the wider financial ecosystem means for approved
investors, the process of buying shares in a JP Jenkins Private Market-listed
company is as seamless as buying any other traded asset, complementing the
existing capital markets landscape.
Stuart Nice, Founder & CEO of QPLAY, added:
"We are already widely recognised as a challenger and an innovator, so giving
our shareholders the opportunity to participate in the first ever PISCES
liquidity event was a natural fit. It reflects the progress we have made as a
company and our desire to keep pushing boundaries to deliver for all
stakeholders. We as well as our SEIS and subsequent EIS lead investor and
Board Director, Velocity EIS fund are naturally excited about this next stage
of growth and forward to leading the way for other great British companies who
can now realise the benefits of offering their stock on the JP Jenkins Private
Market."
Providing liquidity options for privately held or unlisted companies is seen
as a key route to strengthening the UK economy. It allows founders and early
stage investors to make controlled, partial exits, facilitates the recycling
of capital and also offers a valuable alternative to trade sale and IPOs.
JP Jenkins was the second provider to be approved for a PISCES operator
license and will be the first to host a liquidity event under the PISCES
legislation, which will be supported by parties including Peel Hunt and
Winterflood Securities.
Calendar of events
Date Event/Action
16th March Publication of Company Disclosure Pack
18th March Trading Window Opens 8:00 (Start of the 5-day window)
24th March Books Close at 16:30
Media contact:
Tony Cross
Monk Communications Ltd
tony@monkcommunications.com
+44 (0) 7973 284 749
About JP Jenkins
JP Jenkins is the UK's largest liquidity venue for unlisted assets. The
company provides an efficient platform for privately held and unlisted
businesses who are seeking a liquidity solution for holders of their
securities. Historically this activity has been undertaken on the JP Jenkins
Matched Bargain Facility and is now complemented by the JP Jenkins Private
Market for transactions under PISCES.
JP Jenkins was acquired by the innovative FinTech provider InfinitX in 2023,
enabling the display of real-time access and pricing with any registered
broker or financial institution, who can then connect, execute and settle with
JP Jenkins over existing market infrastructures. In 2025, JP Jenkins received
direct authorisation from the FCA and has also been granted a PISCES operator
license.
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