Equals Gp Share News (EQLS)

IN BRIEF: Equals "remains confident" as acquisition talks continue

Equals Group PLC - London-based payment platform developer - Says current trading is in line with its expectations and "remains confident in the longer-term growth prospects of the business". Strategic review announced on November 1 continues, with discussions ongoing between Equals and Madison Dearborn Partners LLC. Madison Dearborn is now required to announce a firm intention to make or not make an offer for Equals by the evening of January 24. Deadline was originally November 29, and was subsequently extended until December 27.

TRADING UPDATES: CAP-XX reports strong product sales to aid first half

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Equals Group issues further shares for acquisition of Oonex

(Sharecast News) - Equals Group updated the market on its acquisition of Oonex on Thursday, which it initially announced on 5 July.

TRADING UPDATES: Velocys agrees bid, Helical lets office to Sainsbury

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Equals achieves ISO information management certification

(Sharecast News) - Equals Group has achieved ISO/IEC 27001:2022 certification for information security management, it announced on Monday.

TRADING UPDATES: Legal boost for Dialight; VSA in Lush-related claim

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week not separately reported by Alliance News:

Equals extends deadline for possible offer from Madison Dearborn

(Sharecast News) - Equals Group updated the market on its strategic review to explore various strategic options on Wednesday, which it first announced on 1 November.

TRADING UPDATES: Premier Miton sizes up Tellworth Investments

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

LONDON MARKET CLOSE: Stocks prosper ahead of central bank rate calls

(Alliance News) - Stocks in London took their lead from a positive start on Wall Street to close higher as investors prepare for interest rate decisions in the UK and US.

Equals confirms strategic review but intends to stay independent

(Alliance News) - Equals Group PLC on Wednesday confirmed an ongoing review of its strategic options, saying it has contacted potential counterparties and has not ruled out a future acquisition offer.

IN BRIEF: Equals says shareholders approve capital reduction

Equals Group PLC - London-based fintech payments group focused on the Enterprise and SME marketplaces - Says a special resolution put to shareholders regarding the proposed reduction of the company's share premium account in the amount of GBP25.0 million was passed. Says the reduction will create additional distributable reserves to the value of around GBP25.0 million, which it may use to deliver returns to shareholders in the future - whether through dividends, distributions, or purchases in the firm's owns shares. The expected date for the court hearing to confirm the capital reduction is October 24, and the expected date for completion of the capital reduction is October 31. The board intends - should the capital reduction complete - to pay a maiden dividend of 1.5 pence per share in respect of financial 2023.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Equals plans maiden dividend after interim profit surges

Equals Group PLC - London-based fintech payments group focused on the Enterprise and SME marketplaces - Reports pretax profit of GBP5.8 million in the six months ended June 30, multiplied from just GBP900,000 a year prior as revenue rises 43% to GBP45.0 million from GBP31.4 million. Notes underlying transaction values in the half increase to GBP6.0 billion from GBP4.2 million year-on-year.

UK earnings, trading statements calendar - next 7 days

Equals Group interim revenue up; completes GBP4.1 million Oonex deal

(Alliance News) - Equals Group PLC on Wednesday said that its revenue in the first half of 2023 climbed as its distribution channels expanded.