IN BRIEF: Aquis Exchange raises provisions for two tech clients

Aquis Exchange PLC - London-based financial markets operator, including pan-European equities trading platform Aquis Markets and UK growth-company market Aquis Stock Exchange - Says has increased its expected credit loss provisions in respect of two existing technology clients, reflecting a heightened credit risk. As a result, now anticipates that financial 2024 financial performance will be GBP3.7 million lower than its previous expectations. However, underlying trading performance of the business for the full-year remains in line with board expectations. Management is pleased with the positive momentum across the business in the year to date and continues to expect strong growth in financial 2025.

Current stock price: 700.00 pence, down 0.7% in London on Tuesday

12-month change: up 94%

By Jeremy Cutler, Alliance News reporter

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