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Aquis Exchange PLC announced the issue of 61,000 options over its 10p ordinary shares under its restricted share plan on April 14, 2025. David Stevens, CEO, received 31,000 options, and Richard Fisher, CFO and COO, received 30,000 options, all exercisable at a nominal value of 10p. These options will vest on the third anniversary of issue with a two-year holding period and expire ten years from the date of issue.
| Date | 15 Apr 2025 |
| Time | 07:00:09 |
| Category | Director/PDMR dealings |
| ID | 9712E |
15 April 2025
Aquis Exchange PLC
("Aquis", the "Company" or the "Group")
Issue of share options and
Director/PDMR Notification
Aquis Exchange PLC (AQX.L), announces that it has issued 61,000 options ("Options") over the Company's ordinary shares of 10p each ("Ordinary Shares") to the executive directors of the Company under the Company's restricted share plan.
The options granted to the executive directors under the restricted share plan are exercisable at nominal value of 10p. 31,000 options were issued to David Stevens, Chief Executive Officer of the Company and 30,000 to Richard Fisher, Chief Financial Officer and Chief Operating officer of the Company. These options will vest on the third anniversary of the date of issue with a further holding period of two years and expire ten years from the date of issue. Vesting will be subject to underpin tests assessed by the Nomination and Remuneration Committee as detailed in the Company's 2024 Annual Report.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1 |
Details of the person discharging managerial responsibilities/person closely associated
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a) |
Name
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1. David Stevens 2. Richard Fisher |
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2 |
Reason for the notification
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a) |
Position/status
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1. Chief Executive Officer 2. Chief Financial Officer and Chief Operating Officer |
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b) |
Initial notification/ Amendment
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Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) |
Name
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Aquis Exchange plc |
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b) |
LEI
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213800IXJSF5E1SIW150 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a) |
Description of the financial instrument, type of instrument Identification code
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Ordinary shares of 10p each
ISIN: GB00BD5JNK30 |
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b) |
Nature of the transaction
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Grant of share options under the Company's restricted share plan |
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c) |
Price(s) and volume(s)
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d) |
Aggregated information Aggregated volume Price
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n/a |
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e) |
Date of the transaction
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14/04/2025 |
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f) |
Place of the transaction |
Outside a trading venue |
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Enquiries:
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Aquis Exchange PLC |
Tel: +44 (0)20 3597 6321 |
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David Stevens, CEO |
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Richard Fisher, CFO Adele Gilbert, Chief Communications Officer
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Tel: +44 (0)20 3597 6329 |
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Investec Bank plc (Nominated Adviser and Broker) |
Tel: +44 (0)20 7597 5970 |
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David Anderson |
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St John Hunter
Canaccord Genuity Limited (Joint Broker) Emma Gabriel George Grainger
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Tel: +44 (0) 20 7523 8000 |
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VSA Capital Limited (AQSE Corporate Adviser) |
Tel: +44(0)20 3005 5000 |
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Andrew Raca |
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MHP Group (Financial PR Adviser) |
Tel: +44 (0)20 3128 8000 |
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MHP Group |
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Eleni Menikou |
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Finn Taylor |
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Notes to editors:
About Aquis Exchange PLC
Aquis Exchange PLC ("Aquis") is Europe's challenger exchange, creating better markets for a modern economy. Aquis has market-leading technology and innovative rules for trading, and offer primary listings and secondary trading of equities, along with global licensing of proprietary 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 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 Data generates revenue from the sale of data derived from Aquis Markets and Aquis Stock Exchange to non-Member market participants.
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.