Aquis Exchange issues 82,703 share options to exec directors
Aquis Exchange PLC (LON:AQX) announces that on 29 April 2022 it issued 82,703 options over the its ordinary shares of 10p each 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.
A total of 33,163 options were issued to Alasdair Haynes, Chief Executive Officer of the Company, whereas 18,367 options were issued to Richard Fisher, Chief Financial Officer of the Company, and 31,173 options were issued to Jonathan Clelland, 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 2021 Annual Report.
Alasdair Haynes is the founder and CEO of Aquis Exchange. He is the former CEO of Chi-X Europe and was responsible for growing the business into Europe’s largest equities trading platform and into profitability before its sale in late 2011. Prior to that, he spent 11 years heading up ITG’s international business, pioneering the introduction of electronic trading and crossing into the European and Asian marketplaces.
Alasdair Haynes began his 30 plus-year career in the City with Morgan Grenfell and has held senior positions at a number of investment banks, including HSBC and UBS.
Richard Fisher first joined Aquis as Director of Finance in April 2021 and is based in London. Prior to joining Aquis, Mr Fisher was Director of Finance at Redwood Bank and other previous roles include Chief Accountant at RBS Group.
Jonathan Clelland is the COO of Aquis Exchange. Prior to joining Aquis he was the COO of HSBC Investment Bank Corporate Finance Division and of Shearman & Sterling London, one of the largest global law firms.