Equals Group PLC Declaration of Maiden Interim Dividend (8606S)

TIDMEQLS

RNS Number : 8606S

Equals Group PLC

09 November 2023

 
 For immediate release   9 November 2023

Equals Group plc

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

Declaration of Maiden Interim Dividend

Equals Group PLC (AIM:EQLS), the fintech payments group focused on the Enterprise and SME marketplace, is pleased to announce that further to the announcements on 12 September 2023 and 1 November 2023 regarding the proposed reduction in share premium account, the Board is pleased to declare a maiden interim dividend of 0.5 pence per share. Furthermore, it expects that, subject to shareholder approval, the final dividend for the 2023 financial year will be 1.0 pence per share, giving a total dividend of 1.5 pence for 2023.

The Board is confident that the payment of a dividend will not compromise the Group's ability to execute on its strategic objectives. The Board will continue to prioritise the strong balance sheet that allows the Group to invest in Equals' technology platform, payments infrastructure, licences and connectivity whilst retaining an ability to pursue selective acquisitions in order to accelerate its strategic development.

The dividend of 0.5 pence per share will be payable to shareholders on the register as at 17 November 2023 with an associated ex-dividend date of 16 November 2023 and a payment date of 7 December 2023.

The most secure way for eligible shareholders to receive their dividends will be to have them paid directly into their nominated bank account. Shareholders can action this by adding their bank details into the Signal Shares portal of our Registrar, Link Group, using the following link www.signalshares.com . Additionally Equals, will, on its investor relations website ( www.equalsplc.com ), include a guide to this.

Definitions in this announcement shall have the same definitions as in the Capital Reduction announcement issued on 12 September 2023.

- Ends -

For more information, please contact:

 
 Equals Group plc 
 Ian Strafford-Taylor, CEO                    Tel: +44 (0) 20 7778 
  Richard Cooper, CFO                                         9308 
                                                 www.equalsplc.com 
 Canaccord Genuity (Nominated Adviser & 
  Joint Broker) 
 Max Hartley / Harry Rees                     Tel: +44 (0) 20 7523 
                                                              8150 
 Peel Hunt LLP (Joint Broker) 
 Paul Shackleton / John Welch                 Tel: +44 (0) 20 7418 
                                                              8900 
 
 Buchanan (Financial Communications) 
 Henry Harrison-Topham / Stephanie Whitmore   Tel: +44 (0) 20 7466 
  / Toto Berger                                               5000 
  equals@buchanan.uk.com                       www.buchanan.uk.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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END

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November 09, 2023 02:00 ET (07:00 GMT)

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