Equals Group (EQLS)

Sector:

Financials

Index:

FTSE AIM All-Share

117.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 128.00
  • 52 Week Low: 87.00
  • Currency: UK Pounds
  • Shares Issued: 187.63m
  • Volume: 622,794
  • Market Cap: £220.46m
  • RiskGrade: 292

Equals Group completes 'material transaction' for large client

By Josh White

Date: Thursday 28 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Fintech payments company Equals Group has completed a material international payments transaction for a large corporate client, it announced on Thursday, that would contribute around £1.5m to group revenues in the current financial year.
The AIM-traded firm said the transaction was one-off in nature, but evidenced the ability of the company to attract large corporate clients through its "state-of-the-art" platforms.

That, coupled with "highly professional" service levels, translated into increased credibility for the group's ability to act as a financial counterpart in major transactions, the board explained.

Equals worked on the transaction for several months, undertaking "extensive and extended" levels of due diligence, with the support of external legal advice.

The transaction was cleared by its partner bank prior to completion.

"I am exceptionally proud that, following significant investment, the Equals Group has the infrastructure, capability and knowhow to undertake a transaction of this size and complexity," said chief executive officer Ian Strafford-Taylor.

"It represents the largest single transaction ever completed by the group, and is a clear demonstration of our credibility among large corporates, the quality of our service proposition, and the level of commitment of our people."

At 1454 BST, shares in Equals Group were up 3.03% at 68p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Equals Group Market Data

Currency UK Pounds
Share Price 117.50p
Change Today -0.50p
% Change -0.42 %
52 Week High 128.00
52 Week Low 87.00
Volume 622,794
Shares Issued 187.63m
Market Cap £220.46m
RiskGrade 292

Equals Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
77.49% above the market average77.49% above the market average77.49% above the market average77.49% above the market average77.49% above the market average
63.79% above the sector average63.79% above the sector average63.79% above the sector average63.79% above the sector average63.79% above the sector average
Income Not Available
Growth
95.89% above the market average95.89% above the market average95.89% above the market average95.89% above the market average95.89% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Equals Group Dividends

  Latest Previous
  Interim Final
Ex-Div 16-Nov-23 n/a
Paid 07-Dec-23 n/a
Amount 0.50p 0.000p

Trades for 28-Mar-2024

Time Volume / Share Price
16:12 100,000 @ 117.50p
16:48 8,204 @ 118.44p
16:47 24,765 @ 118.44p
16:35 1,389 @ 117.50p
16:35 1,389 @ 117.50p

Equals Group Key Personnel

CEO Ian Alexander Irving Strafford Taylor

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