Equals Group PLC Statement re. Silicon Valley Bank (6618S)

TIDMEQLS

RNS Number : 6618S

Equals Group PLC

13 March 2023

 
 For immediate release   13 March 2023

Equals Group plc

('Equals' or the 'Group')

Statement re. Silicon Valley Bank

Further to recent media commentary on the collapse of Silicon Valley Bank, the Group has received a number of inbound investor enquiries pertaining to the Group's exposure to this situation. Equals Group plc (AIM:EQLS), the fast-growing payments group focused on the SME marketplace, would like to clarify to its shareholders and other stakeholders that the Group has no direct or indirect exposure to Silicon Valley Bank either as a borrower or a depositor.

The Group will be issuing its final results for the year ended 31 December 2022 on Monday, 27 March 2023 as well as an update on trading in Q1-23 and looks forward to updating the market then.

- 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 
  / Broker) 
 Max Hartley / Harry Rees               Tel: +44 (0) 20 7523 
                                                        8150 
 Buchanan (Financial Communications) 
 Henry Harrison-Topham / Toto Berger    Tel: +44 (0) 20 7466 
  equals@buchanan.uk.com                                5000 
                                         www.buchanan.uk.com

Notes to Editors:

Equals Group 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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