Aquis Exchange PLC

About

The boards of SIX Exchange Group AG ('SIX') and Aquis Exchange PLC (‘Aquis’) announced that they reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Aquis at a price of 727 pence per Aquis share.

The offer price represents a premium of 120% to the closing price of 330 pence per Aquis share on 8 November 2024 (being the last trading day before the commencement of the offer period). The offer values the entire issued and to be issued share capital of Aquis at approximately £207 million and £225 million on a fully diluted basis.

About Aquis Exchange PLC and SIX Exchange Group AG

Aquis is Europe's challenger next-generation exchange, creating better and more efficient 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, Aquis Technologies, Aquis Data and Aquis Stock Exchange (AQSE).

SIX operates a fully integrated exchange value chain, offering a diversified product portfolio for securities trading, stock market transactions, financial information and payment transactions, across multiple geographies.