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EQUALS GROUP PLC

Share Issue/Capital Change Jan 24, 2025

7629_rns_2025-01-24_4ef5682d-8257-40dc-90fc-f3da125a511a.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

RNS Number : 5318U

Equals Group PLC

24 January 2025

For immediate release 24 January 2025

Equals Group Plc

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

Share option extension

Equals Group plc (AIM:EQLS), the fintech payments group focused on the Enterprise and SME marketplace, announces that it has extended certain share options.

At the time of the Group's IPO in 2014, Ian Strafford-Taylor, the Group's CEO, was granted an option over 192,950 new ordinary shares at 22 pence each, and two options over a total of 3,325,050 new ordinary shares at 36 pence each. In light of the ongoing offer period, the Remuneration Committee has agreed to extend the exercise period for these options until no later than 30 June 2025, being the current long stop date for completing the recommended all cash acquisition of the entire issued and to be issued ordinary share capital of Equals by Alakazam Holdings BidCo Limited to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, as announced on 17 December 2024.

- 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 Adviser & Broker)
Max Hartley / Harry Rees Tel: +44 (0) 20 7523 8150
Burson Buchanan (Financial Communications)
Henry Harrison-Topham / Steph Whitmore / Toto Berger

[email protected]
Tel: +44 (0) 20 7466 5000

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 .

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