REG - Equals Group PLC - Issue of Equity

EqualsAnnouncement

20/01/2023 07:00

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RNS Number : 3325N  Equals Group PLC  20 January 2023

 20 January 2023

 

Equals Group plc

('Equals' or the 'Company')

 

Issue of Equity

 

Equals (AIM:EQLS), the fast-growing payments group focused on the SME
marketplace, announces that further to its announcement of 14 December 2022,
the Company has allotted a total of 747,488 ordinary shares of 1 pence each
('Ordinary Shares') to its Share Incentive Plan ('SIP') trust for eligible
employees.  The Ordinary Shares will be held in trust until the vesting
conditions are met at the end of the holding period on 13 December 2025.
 Details of the scheme are available on the Company's website
www.equalsplc.com (http://www.equalsplc.com) .

 

Application has been made for the 747,488 Ordinary Shares to be admitted to
trading on AIM ('Admission'). Admission is expected to occur at 8:00am on 25
January 2023.

 

Following Admission, the Company will have 181,459,961 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 / Broker)
 Max Hartley / Harry Rees                                 Tel: +44 (0) 20 7523 8150

 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

 

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) .

 

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