Long Term Incentive Plan
18/10/2024 07:00
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RNS Number : 6802I Equals Group PLC 18 October 2024
For immediate release 18 October 2024
Equals Group plc
('Equals', the 'Group' or the 'Company')
Long Term Incentive Plan
Equals Group PLC (AIM:EQLS), the fintech payments group focused on the
Enterprise and SME marketplace, announces that the Company has issued
1,838,800 ordinary shares in the capital of the Company ('Ordinary
Shares'). These shares have been allotted following the vesting of the
Company's LTIP as announced on 18 October 2021 and where relevant, the
necessary performance criteria have been met or exceeded. In order to minimise
the dilution impact of these shares, the Company has arranged to net settle
the awards with the tax liabilities settled out of the Company's cash
reserves.
The awards are made to 31 individuals, of which nine are PDMRs as outlined
below, and will be subject to a two year lock up period.
PDMR Existing holding of ordinary shares Existing holding in the Share Incentive Plan of 2021 Number of shares awarded New total holding % of issued shares
Ian Strafford-Taylor 2,200,250 10,000 750,000 minus liability of 352,500 2,607,750 1.370%
CEO
Richard Cooper 1,183,334 10,000 500,000 minus liability of 235,000 1,458,334 0.766%
CFO
James Simcox 4,000 10,000 250,000 minus liability of 117,500 146,500 0.077%
Chief Product Officer
Matthijs Boon - 10,000 250,000 minus liability of 117,500 142,500 0.075%
Chief Operating Officer
Andrew Phillips - 10,000 250,000 minus liability of 117,500 142,500 0.075%
Chief Technology Officer
Simon England - 10,000 250,000 minus liability of 117,500 142,500 0.075%
Chief Infrastructure Officer
Darren Kilner - 10,000 70,000 minus liabilityof 32,900 47,100 0.025%
Diector of Dealing
Jack Bryant 152,686 10,000 70,000 minus liability of 32,900 199,786 0.105%
Director of Operations
Stephen Paul - 6,000 50,000 minus liability of 23,500 32,500 0.017%
Deputy CFO
Application has been made to the London Stock Exchange for these Ordinary
Shares to be admitted to trading on AIM ('Admission'). It is expected that
Admission will occur at 8:00 a.m. on 23 October 2024. The Ordinary Shares will
rank pari passu with the existing ordinary shares in the Company.
Following Admission, the Company will have 190,371,498 ordinary shares of 1
pence each in issue admitted to trading on AIM. The Company holds no shares in
Treasury. Accordingly, the figure of 190,371,498 may be used as the
denominator for the calculations by which shareholders will determine if they
are required to notify their interest in, or a change to their interest in,
the Company under the FCA's Disclosure Guidance and Transparency Rules.
Further information is provided below in accordance with Article 19(3) of the
UK Market Abuse Regulation No 596/2014.
- 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 & Broker)
Max Hartley / Harry Rees Tel: +44 (0) 20 7523 8150
Burson Buchanan (Financial Communications)
Henry Harrison-Topham / Steph Whitmore / Toto Berger Tel: +44 (0) 20 7466 5000
equals@buchanan.uk.com (mailto:equals@buchanan.uk.com) www.bursonbuchanan.com (http://www.bursonbuchanan.com)
Notes to Editors:
Equals Group plc 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 Ian Straffod-Taylor
2 Reason for the notification
a) Position/status Chief Executive 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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 397,500
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Cooper
2 Reason for the notification
a) Position/status Chief Finance 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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 265,000
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Matthijs Boon
2 Reason for the notification
a) Position/status Chief Operating 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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 132,500
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Jack Bryant
2 Reason for the notification
a) Position/status Director of Operations
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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 37,100
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Simon England
2 Reason for the notification
a) Position/status Chief Infrastructure 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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 132,500
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Darren Kilner
2 Reason for the notification
a) Position/status Director of Dealing
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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 37,100
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephen Paul
2 Reason for the notification
a) Position/status Deputy CFO
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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 26,500
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities / person closely
associated
a)
Name
Stephen Paul
2
Reason for the notification
a)
Position/status
Deputy CFO
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
Identification code
Ordinary Shares of £0.01 each
ISIN: GB00BLS0XX25
b)
Nature of the transaction
Award of ordinary shares
c)
Price(s) and volume(s)
Price No. of shares
£0.01 26,500
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Andrew Phillips
2 Reason for the notification
a) Position/status Chief Executive 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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 132,500
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Simcox
2 Reason for the notification
a) Position/status Chief Product 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 £0.01 each
Identification code
ISIN: GB00BLS0XX25
b) Nature of the transaction Award of ordinary shares
c) Price(s) and volume(s) Price No. of shares
£0.01 132,500
d) Aggregated information
- Aggregated volume
- Price n/a single transaction
e) Date of the transaction 18 October 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
n/a single transaction
e)
Date of the transaction
18 October 2024
f)
Place of the transaction
Outside a trading venue
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