Unveiling Aquis Exchange Plc: A Deep Dive into Form 8.5 (EPT/RI)

Aquis Exchange Plc, a leading pan-European stock exchange, has recently been in the spotlight due to its Form 8.5 (EPT/RI) disclosures. These disclosures provide valuable insights into the trading activities of exempt principal traders (EPTs) dealing in a client-serving capacity. In this article, we will delve into the details of these disclosures, their implications, and the broader market dynamics surrounding Aquis Exchange Plc.

On November 12, 2024, Investec Bank plc, acting as a Joint Financial Adviser, Joint Broker, and NOMAD for Aquis Exchange Plc, engaged in significant trading activities. The total number of Ordinary Shares traded was 18,343, with a highest price per unit paid/received of 705 and a lowest price per unit paid/received of 700. To calculate the total value of the securities traded, we can use the following formula: Total Value = (Highest Price + Lowest Price) / 2 * Total Number of Shares. Applying this formula, the total value of the securities traded is approximately £12,704,100.

These trading activities have had a notable impact on the market capitalization of Aquis Exchange Plc. The net purchase of 11,034 shares at an average price of £700.850 suggests a positive impact on the company's market capitalization, as the share price increased following the trades. However, the exact post-trade market capitalization cannot be determined without pre-trade data.



The purpose behind Investec Bank plc's trading activities with Aquis Exchange Plc appears to be strategic. The acquisition of a stake in the company, coupled with the timing of the trades around the Form 8.5 disclosure, suggests a deliberate and planned action. This could indicate an effort to capitalize on Aquis Exchange's growth or influence its direction.

In conclusion, the Form 8.5 (EPT/RI) disclosures provide a glimpse into the trading activities and market dynamics surrounding Aquis Exchange Plc. The significant trading volumes and their impact on the company's market capitalization highlight the importance of these disclosures in understanding the investment landscape. As the market continues to evolve, investors and stakeholders alike should closely monitor such disclosures to make informed decisions.