Director/PDMR Shareholding

RNS Number : 9841L
Equals Group PLC
18 May 2022
 

18 May 2022

Equals Group plc

('Equals' or the 'Company')

 

Director/PDMR Shareholding

 

Equals (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, announces that it was today notified that Richard Cooper, Chief Financial Officer purchased 33,334 ordinary shares of £0.01 each in the Company ('Ordinary Shares') on 18 May 2022 at a price of 86.75 pence per share.

 

In addition, Richard Cooper has exercised and retained 666,666 vested options at a price of 29 pence per Ordinary Share under the 2020 Long Term Incentive Plan, having subscribed £193,333.14 for these Ordinary Shares.

 

Subsequent to this purchase and exercise of share options, Richard Cooper now holds 850,000 Ordinary Shares, representing 0.47% of the Company's issued share capital.

 

Application has been made for the 666,666 Ordinary Shares to be admitted to trading on AIM ('Admission').  Admission is expected to occur at 8:00am on 24 May 2022.

 

Following Admission, the Company will have 180,712,473 ordinary shares of 1p each in issue admitted to trading on AIM. The Company holds no shares in Treasury. Accordingly, the above figure 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.

 

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014. 

 

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

Identification code

Ordinary Shares of £0.01 each

 

 

ISIN: GB00BLS0XX25

 

b)

Nature of the transaction

Acquisition of 33,334 ordinary shares

c)

Price(s) and volume(s)

Price

No. of shares

86.75p

33,334

d)

Aggregated information

- Aggregated  volume

- Price

 

n/a - single transaction

 

e)

Date of the transaction

18 May 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 

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

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 1p each

 

ISIN: GB00BLS0XX25

b)

Nature of the transaction

Exercise of options over Ordinary Shares

 

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

29 pence

666,666

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

e)

 

Date of the transactions

18 May 2022

f)

 

Place of the transactions

Outside a trading venue

 

- Ends -

 

For more information, please contact:

 

Equals Group plc


Ian Strafford-Taylor, CEO

Richard Cooper, CFO

Tel: +44 (0) 20 7778 9308

www.equalsplc.com

 

Canaccord Genuity (Nominated Advisor / Broker)


Max Hartley / Georgina McCooke

Alex Aylen (Sales)

Tel: +44 (0) 20 7523 8150

 

 

Buchanan (Financial Communications)


Henry Harrison-Topham / Steph Whitmore / Toto Berger

equals@buchanan.uk.com

Tel: +44 (0) 20 7466 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 SMEs whether these be FX, card payments or via Faster Payments. Founded in 2007, the Group listed on AIM in 2014 and currently employs around 265 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com .

 

 

 

 

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END
 
 
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