Regulatory News

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.

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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.