Exercise of Options
06/04/2023 14:46
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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
£0.01 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 9308
Richard Cooper, CFO www.equalsplc.com (http://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 5000
equals@buchanan.uk.com (mailto:equals@buchanan.uk.com) www.buchanan.uk.com (http://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
(http://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 /Amendment Initial notification
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 of the financial instrument, type of instrument Ordinary Shares of 1 pence each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Exercise of share options
c) Price(s) and volume(s) Price No. of shares
29.0p 333,334
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 6 April 2023
f) Place of the transaction London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
6 April 2023
f)
Place of the transaction
London Stock Exchange, AIM
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