Board Change

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: [phone]
Alasdair Haynes, CEO
Richard Fisher, CFO Adele Gilbert, Head of Marketing	Tel: [phone]
Investec Bank plc (Nominated Adviser and Broker)	Tel: [phone]
David Anderson
Bruce Garrow
Lydia Zychowska St John Hunter Canaccord Genuity Limited (Joint Broker) Emma Gabriel George Grainger VSA Capital Limited (AQSE Corporate Adviser) Andrew Raca	Tel: [phone] Tel: [phone]
Alma PR (Financial PR Adviser)	Tel: [phone]
Josh Royston	[e-mail]
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.

 

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