Regulatory News

Equals (AIM:EQLS), the fast-growing B2B focused e-banking and international payments group, announces that it will report its final results for the year ended 31 December 2019 on Monday, 29 June 2020.  The Group will also provide a full update on current trading including how it has managed the business through COVID-19.  The publication of the Group’s final results have been delayed following advice published by both the FCA and FRC earlier this year.

There will be a conference call for sell-side analysts at 09:30am on the day of results, which will be hosted by Ian Strafford-Taylor (CEO) and Richard Cooper (CFO).  Please contact Buchanan at [email protected] if you would like to receive the dial in details.

For retail investors, an audio webcast of the conference call with analysts will be made available on the Group’s investor relations website (www.equalsplc.com) after 12pm on the day of results.  A link will be provided in the Final Results statement.

As published in a separate announcement earlier today, the Company’s Annual General Meeting will be held on Tuesday, 30 June 2020 and a separate General Meeting shall be held in July 2020 to approve the 2019 Annual Report. 

For more information, please contact:

Notes to Editors:

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.  The Group enables its personal and business customers to make easy, low-cost payments both domestically and in a broad range of currencies across a range of products all via one integrated system.

Equals provides money movement services to both business and personal customers through five inter-connected channels - International Payments, Corporate Expenses platform, Bank Accounts, Travel Money (comprising currency cards and physical currency).  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 which yields significant cost savings via tighter control on expenses before they are incurred coupled with eliminating inefficient processes.  Equals also offers business and retail bank accounts with all the functionality offered by banks, namely faster payments, BACs, direct debits, international payments and a debit card.  The Travel Money offerings (retail currency card and physical currency) represent cost-effective and secure methods for travelers to spend abroad.