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Equals Group PLC - Director/PDMR Shareholding

RNS Number : 8236N
Equals Group PLC
26 September 2019
 

Equals Group plc

("Equals", the "Group" or the "Company")

Director/PDMR Dealing

Equals, the e-banking and payments group, today announces that Richard Cooper, newly appointed Group Finance Director*, has purchased 54,000 ordinary shares of 1 pence each in the capital of the Company at a price of 91 p per share. Following this purchase, following this purchase, Richard has a total shareholding in the Group of 54,000 ordinary shares.

*appointment effective from 14 October 2019

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

Group Finance Director (appointment effective from 14 October 2019)

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

Grant of options over new ordinary shares at an exercise price of 101.1p per share

 

c)

 

Price(s) and volume(s)

 

 

  

d)

 

Aggregated information

- Aggregated volume

 - Price

 

N/A - single transaction

e)

 

Date of the transactions

26 September 2019

f)

 

Place of the transactions

London Stock Exchange - AIM

 

 

Contact:

 

Equals Group plc

Ian Strafford-Taylor, CEO

 

+44 (0) 20 7778 9308

Cenkos Securities plc

Max Hartley/Callum Davidson

Nick Searle

 

+44 (0) 20 7397 8900

Canaccord Genuity

Bobbie Hilliam / David Tyrrell

Alex Aylen

 

+44 (0)20 7523 8150

Yellow Jersey                         

Charles Goodwin

Joe Burgess

Annabel Atkins

 

 

+44 (0) 7747 788 221

+44 (0) 7946 424 651

 

 

About Equals

 

Equals is a leading challenger brand in banking and payments that disintermediates the incumbent banks with a superior user experience and low-cost operating model. Our business enables personal and business customers to make easy, low-cost payments both domestically and in a broad range of currencies and across a range of products all via one integrated system. The Equals platform facilitates payments either direct to Bank Accounts or at 35 million merchants and over 1 million ATM's in a broad range of countries globally via Mobile apps, the Internet, SMS, wire transfer and MasterCard/VISA debit cards.

Equals provides money movement services to both personal and business customers through four channels: Currency Cards, Physical Currency, International Payments and Bank Accounts. The Currency Card and Physical Currency offerings facilitate multiple overseas payments at points of sale and ATM's whereas the International Payments channel supports wire transfer foreign exchange transactions direct to Bank Accounts. For Corporates, Equals has a market-leading business-expenses solution based around its corporate platform and prepaid card. This service can yield significant savings on a Corporate's expenses and procurement both domestically and overseas, through better controls and improved transparency. The platform also streamlines the downstream administrative processes and integrates into accounting software, thus saving costs. Equals offers retail and business bank accounts with all the functionality you would expect from a bank, namely faster payments, BACs, direct debits, international payments and a debit card.

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Equals Group PLC

Price: 28.25

Market: AIM
Market Cap: £50.46 m
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