WSE approves Aquis stake sale

The shareholders of the Warsaw Stock Exchange have approved the sale of its 20 percent stake in the Aquis trading platform. for no less than GBP 11.5 million. The decision has been made following Aquis plans to be listed. Aquis Exchange Limited is a British company that operates a pan-European stock trading market in the form of a multilateral trading platform. WSE acquired a 30 percent stake in the company for £5 million back in 2013. Through a number of subsequent share issues, the stake was lowered to 20.3 percent. Last year, Aquis had 1.5 percent share of the European securities trading market.