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AQX Aquis Exchange Plc

465.00
-4.00 (-0.85%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aquis Exchange Plc LSE:AQX London Ordinary Share GB00BD5JNK30 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -0.85% 465.00 460.00 470.00 465.00 465.00 465.00 3,031 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security,commodity Exchanges 19.93M 4.68M 0.1702 27.32 127.97M

Aquis Exchange PLC French Regulatory Approval (9301N)

24/01/2019 7:00am

UK Regulatory


Aquis Exchange (LSE:AQX)
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TIDMAQX

RNS Number : 9301N

Aquis Exchange PLC

24 January 2019

24 January 2019

Aquis Exchange PLC

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

French Regulatory Approval

Aquis Exchange PLC (AQX.L), the exchange services group which operates the pan-European cash equities trading MTF, Aquis Exchange, and develops and licenses exchange software to third parties, today announces that its wholly-owned French subsidiary, Aquis Exchange Europe, has received approval from the relevant French authorities to operate an MTF in Paris. This will enable Aquis to continue providing stock trading services to its Members across Europe following the UK's planned departure from the European Union (Brexit), which may be as soon as end March 2019.

Aquis Exchange has received approval from the relevant French competent authorities: Autorité de Contrôle Prudentiel et de Résolution (ACPR) and Autorité des Marchés Financiers (AMF). The new company, Aquis Exchange Europe, has an office in Paris and is classed as an investment firm, authorised to operate a multilateral trading facility.

Graham Dick, currently Head of Sales and Business Development at Aquis, will relocate to Paris and assume the role of CEO of Aquis Exchange Europe.

Alasdair Haynes, CEO of Aquis Exchange, said:

"We are delighted to have secured an avis favorable from the ACPR and AMF well ahead of Brexit and feel confident that with two MTFs - one in the UK and one within the EU-27 - we are now very well positioned to offer our Members an uninterrupted service, whichever form Brexit takes. I would also like to thank our Members again for their on-going support and wish Graham all the best in his new role."

ENQUIRIES

Aquis Exchange PLC

Alasdair Haynes, CEO

Jonathan Clelland, CFO and COO

Tel: +44 (0) 20 3597 6321

Liberum Capital Limited (Nominated Adviser and Broker)

Clayton Bush

Chris Clarke

Kane Collings

Tel: +44 (0) 20 3100 2000

Website:

http://www.aquis.eu

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCLLFERLRIVFIA

(END) Dow Jones Newswires

January 24, 2019 02:00 ET (07:00 GMT)

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