Aquis Exchange Plc

Major Shareholding Notification • Nov 20, 2024

National Storage Mechanism | Additional information

RNS Number : 9984M

Aquis Exchange PLC

20 November 2024

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Aquis Exchange PLC
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Aquis Exchange PLC
(d) Is the discloser the offeror or the offeree?	Offeree
(e) Date position held:      The latest practicable date prior to the disclosure	19 November 2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	Ordinary Shares of 10 pence each
	Interests		Short positions
Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	Nil	Nil	Nil
(2) Cash-settled derivatives:	Nil	Nil	Nil	Nil
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	Nil	Nil	Nil
TOTAL:	Nil	Nil	Nil	Nil

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	NONE
Details, including nature of the rights concerned and relevant percentages:	NONE

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Interests of directors

Aquis Exchange PLC ordinary shares held by directors of Aquis Exchange PLC (including shares held through nominee arrangements or under the Aquis Exchange PLC Share Incentive Plan (" SIP ")):

Name	Number of Aquis Shares	Percentage of Aquis existing issued ordinary share capital
Alasdair Haynes	1,376,0661	4.99%
Richard Fisher	6,146	0.02%
Dr Ruth Wandhöfer	747	0.00%
Fields Wicker-Miurin	2,450	0.01%

1 Includes 10,966 SIP shares held by Alasdair Haynes' close relatives.

Interests held as options or awards by directors of Aquis Exchange PLC in ordinary shares of Aquis Exchange PLC:

I.          Alasdair Haynes :

A.	Aquis Exchange Limited Enterprise Management Incentive Share Option
No. of Options/Awards		Date of grant	Vesting Date	Maturity Date	Exercise price (£)
91,074		14/06/2018	14/06/2021	13/06/2028	2.69
29,743		14/06/2018	14/06/2021	13/06/2028	2.69
80,000		16/04/2020	16/04/2023	15/04/2030	3.47
8,000 2		16/04/2020	16/04/2023	15/04/2030	3.47

2 Held by Mr Haynes' close relatives.

B.	Aquis Exchange Executive Share Option Plan
No. of Options/Awards		Date of grant	Vesting Date	Maturity Date	Exercise price (£)
276,680		26/04/2023	26/04/2026	25/04/2030	5.0375
334,450		18/04/2024	18/04/2027	17/04/2031	4.80

C.	Aquis Exchange Omnibus Plan
No. of Options		Date of grant	Vesting Date	Maturity Date	Exercise price (£)
45,775		15/06/2020	15/06/2023	14/06/2030	0.10
23,723		30/04/2021	30/04/2024	29/04/2031	0.10
33,163		29/04/2022	29/04/2025	28/04/2032	0.10
1,551 3		26/04/2023	26/04/2026	25/04/2033	0.10
1,678 4		18/04/2024	18/04/2027	17/04/2034	0.10

3 Held by Mr Haynes' close relatives.

4 Held by Mr Haynes' close relatives.

D.	Aquis Exchange CSOP
No. of Awards		Date of grant	Vesting Date	Maturity Date	Exercise price (£)
1,824 5		30/04/2021	30/04/2024	29/04/2031	6.85
2,551 6		29/04/2022	29/04/2025	28/04/2032	4.90

5 Held by Mr Haynes' close relatives.

6 Held by Mr Haynes' close relatives.

II.         Richard Fisher :

B.	Aquis Exchange Executive Share Option Plan
No. of Options/Awards		Date of grant	Vesting Date	Maturity Date	Exercise price (£)
214,097		26/04/2023	26/04/2026	25/04/2030	5.0375
252,523		18/04/2024	18/04/2027	17/04/2031	4.80

C.	Aquis Exchange Omnibus Plan
No. of Options		Date of grant	Vesting Date	Maturity Date	Exercise price (£)
6,204		30/04/2021	30/04/2024	29/04/2031	0.10
18,367		29/04/2022	29/04/2025	28/04/2032	0.10
10,449		30/06/2022	30/06/2025	29/06/2032	0.10

Interests of connected advisers

N/A

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
None.

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"
None.

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

###### Date of disclosure:	20 November 2024
###### Contact name:	Richard Fisher
###### Telephone number:	+44 (0)20 3597 6329

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

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