Equals Group PLC Director/PDMR Shareholding (8236N)
September 26 2019 - 6:54AM
UK Regulatory
TIDMEQLS
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 Initial
/Amendment
--------------------- ----------------------------------------------
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 Ordinary shares of 1p each
instrument,
type of instrument ISIN: GB00BLS0XX25
Identification
code
--------------------- ----------------------------------------------
b) Nature of Grant of options over new ordinary shares at
the transaction an exercise price of 101.1p per share
--------------------- ----------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) 91p per share 54,000
----------
--------------------- ----------------------------------------------
d) Aggregated
information N/A - single transaction
- Aggregated
volume
- Price
--------------------- ----------------------------------------------
e) Date of the 26 September 2019
transactions
--------------------- ----------------------------------------------
f) Place of London Stock Exchange - AIM
the transactions
--------------------- ----------------------------------------------
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 +44 (0) 7747 788 221
Annabel Atkins +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 rns@lseg.com or visit www.rns.com.
END
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