Today, Aquis Exchange (AQX ) has announced its intention to apply for admission of the Group to trading on the Apex Segment of the Aquis Stock Exchange Growth Market.

The exchange services said its decision to seek a dual listing on the AQSE market is the next “logical step” in its progression and a tangible demonstration of confidence in that market. The move comes as Aquis continues to see momentum building across all areas of its activities.

As the AQSE Growth Market is a recognised stock exchange and recognised growth market, Aquis’ securities on the AQSE Growth Market will continue to be qualifying investments for ISAs, exempt from SDRT and are eligible for relief from inheritance tax, it informed investors.

In addition, Aquis has also announced that it has formed a new partnership with VSA Capital Limited who have created an index of stocks listed on the AQSE Growth Market (“the Index”).

The ‘VSA Capital AQSE Apex Index’ will incorporate all of the equities within the Apex segment of the AQSE Growth Market and will be weighted by market capitalisation.

The index will be launched shortly and will help to “raise the profile of the exchange and that of the constituent companies, improving transparency and becoming a reliable barometer of performance over time.” The company noted that indices ‘are a major part of the investment landscape and the launch will mark another milestone in the development of the AQSE.’

Commenting, Alasdair Haynes, CEO of Aquis Exchange PLC said: “The Aquis Stock Exchange has been transformed over the past two years to make its rules more appropriate for growth stocks, to boost liquidity and to encourage more retail investors into the market.

He added: “In addition, following the recent changes in the minimum entry criteria to the London Stock Exchange Main Market, the Aquis Growth Market is now even more of a serious alternative for emerging companies seeking to raise capital and is positioned as the home of growth companies. It is logical therefore for Aquis to be in our home market”.

Follow News & Updates from Aquis Exchange: