TIDMEQLS

RNS Number : 9720N

Equals Group PLC

27 September 2019

Equals Group plc

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

Director/PDMR Dealing

Equals, the e-banking and payments group, today announces that John Pearson, Non-Executive Chairman, has purchased 27,500 ordinary shares of 1 pence each in the capital of the Company at a price of 90p per share. Following this purchase, John has a total shareholding in the Group of 27,500 ordinary shares.

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                      John Pearson 
     ------------------------  -------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status           Non-Executive Chairman 
     ------------------------  -------------------------------------- 
 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                 Purchase of ordinary shares 
       the transaction 
     ------------------------  -------------------------------------- 
 c)   Price(s)                    Price(s)              Volume(s) 
       and volume(s)                    90p per share    27,500 
                                                        ---------- 
     ------------------------  -------------------------------------- 
 d)   Aggregated 
       information                N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
     ------------------------  -------------------------------------- 
 e)   Date of the               27 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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September 27, 2019 06:19 ET (10:19 GMT)

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