WSE to sell Aquis stake for £12.4 million

The Warsaw Stock Exchange will sell its 20.3 percent stake in Aquis Exchange Limited for a total of £12.39 million gross on June 14, the company said. The price per share was set at PLN 2.69. 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.