Equals Group PLC Exercise of Options (6775V)

TIDMEQLS

RNS Number : 6775V

Equals Group PLC

06 April 2023

 
            6 April 2023

Equals Group plc

('Equals' or the 'Company')

Exercise of Options

Equals (AIM:EQLS), the fast-growing payments group focused on the SME marketplace, announces that Richard Cooper, the Company's Chief Financial Officer, has exercised and retained a total of 333,334 new ordinary shares of GBP0.01 each ("New Ordinary Shares") at a price of 29 pence per share under the 2020 Long Term Incentive Plan. The New Ordinary Shares have now been allotted and issued by the Company. Following this exercise of options, Richard Cooper's total holding has increased by 333,334 ordinary shares and he now holds 1,183,334 ordinary shares, representing 0.65% of the Company's issued share capital.

Application has been made for the admission of the New Ordinary Shares to be admitted to trading on AIM ("Admission") and such Admission is expected to become effective at 08:00am on 14 April 2023. The New Ordinary Shares shall rank pari passu with the existing ordinary shares in issue.

Following Admission, the Company will have 181,793,295 ordinary shares of 1 pence each in issue admitted to trading on AIM. The Company holds no shares in Treasury. Accordingly, the above figure will be used as the denominator for the calculations by which shareholders will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

- Ends -

For more information, please contact:

 
 
 Equals Group plc 
 Ian Strafford-Taylor, CEO                  Tel: +44 (0) 20 7778 
  Richard Cooper, CFO                                       9308 
                                               www.equalsplc.com 
 Canaccord Genuity (Nominated Adviser & 
  Joint Broker) 
 Max Hartley / Harry Rees                   Tel: +44 (0) 20 7523 
                                                            8150 
 Peel Hunt LLP (Joint Broker) 
 Paul Shackleton / John Welch               Tel: +44 (0) 20 7418 
                                                            8900 
 
 Buchanan (Financial Communications) 
 Henry Harrison-Topham / Toto Berger        Tel: +44 (0) 20 7466 
  equals@buchanan.uk.com                                    5000 
                                             www.buchanan.uk.com

Notes to Editors:

Equals Group is a technology-led international payments group augmented by highly personalised service for the payment needs of SME's whether these be FX, card payments or via Faster Payments. Founded in 2007, the Group listed on AIM in 2014. For more information, please visit www.equalsplc.com .

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Richard Cooper 
     --------------------------  ------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                  Chief Financial Officer 
     --------------------------  ------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                        Equals Group plc 
     --------------------------  ------------------------------------ 
 b)   LEI                         213800CPI5S2GYB3RI27 
     --------------------------  ------------------------------------ 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ---------------------------------------------------------------- 
 a)   Description                 Ordinary Shares of 1 pence each 
       of the financial 
       instrument,                 ISIN: GB00BLS0XX25 
       type of instrument 
       Identification 
       code 
     --------------------------  ------------------------------------ 
 b)   Nature of the               Exercise of share options 
       transaction 
     --------------------------  ------------------------------------ 
 c)   Price(s) and                 Price   No. of shares 
       volume(s)                    29.0p   333,334 
                                           -------------- 
     --------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated 
       volume                       n/a single transaction 
       - Price 
     --------------------------  ------------------------------------ 
 e)   Date of the                 6 April 2023 
       transaction 
     --------------------------  ------------------------------------ 
 f)   Place of the                London Stock Exchange, AIM 
       transaction 
     --------------------------  ------------------------------------

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END

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April 06, 2023 09:46 ET (13:46 GMT)

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