Regulatory News

Notice of Annual General Meeting

05 June 2020

Equals (AIM:EQLS), the fast-growing B2B focused e-banking and international payments group, announces that that Notice of the Company’s Annual General Meeting (‘AGM’) has today been posted to shareholders.  The AGM will be held on Tuesday, 30 June 2020 at 10.30 am at the offices of the Company at Fourth Floor, Thames House, Vintners’ Place, 68 Upper Thames Street, London EC4V 3BJ.  A copy of the Notice together with the proxy card will be available on the home page of the Company’s investor relations website,

The continuing COVID-19 pandemic has led to the imposition of severe restrictions on public gatherings which probably will not have been lifted by 30 June 2020.  The AGM venue may therefore likely to be closed on the date of the AGM.  The Company therefore notifies its shareholders that physical attendance in person at the AGM will probably not be possible, in which case the meeting will take place with the minimum necessary quorum of two shareholders, which will be facilitated by the Company in line with the Government’s social distancing advice as at that time.

The final arrangements will be published on the Company’s website at one week prior to the AGM.

In light of these circumstances the Board encourages shareholders to submit proxy forms and to appoint the Chairman of the meeting as their proxy with their voting instructions.  Further, it encourages you to submit any question that you would like to be answered by sending it, together with your name as shown on the Company’s register of members and the number of shares held, to the following email address: [email protected] so that it is received by no later than 10.30 a.m. on 26 June 2020.  Please insert “AGM – Shareholder Questions” in the subject header box of your email.  The Company will endeavour to respond to all questions either on the Company’s website or respond individually.

The Company will be issuing its Final Results for the year ended 31 December 2019 on Monday, 29 June 2020 and a separate announcement will be made shortly providing further details.  It is anticipated that the Company’s 2019 Annual Report will be posted at a later date and a separate General Meeting will be convened to approve the 2019 Annual Report. 


For more information, please contact:

Equals Group plc
Ian Strafford-Taylor, CEO
Richard Cooper, Group CFO
+44 (0) 20 7778 9308

Cenkos Securities plc - (Nominated Advisor / Joint Broker)
Max Hartley /Callum Davidson
Nick Searle (Sales)
+44 (0) 20 7397 8900
Canaccord Genuity - (Joint Broker)
Bobbie Hilliam /David Tyrrell
Alex Aylen (Sales)
+44 (0) 20 7523 8150

Buchanan (Financial Communications)
Henry Harrison-Topham / Steph Watson / Toto Berger
[email protected]

+44 (0) 20 7466 5000


Notes to Editors:

Equals is a leading challenger brand in banking and payments that disintermediates the incumbent banks with a superior user experience and low-cost operating model.  The Group enables its personal and business customers to make easy, low-cost payments both domestically and in a broad range of currencies across a range of products all via one integrated system.

Equals provides money movement services to both business and personal customers through five inter-connected channels - International Payments, Corporate Expenses platform, Bank Accounts, Travel Money (comprising currency cards and physical currency).  International Payments channel supports wire transfer foreign exchange transactions direct to bank accounts.  For corporates, Equals has a market-leading business-expenses solution based around its corporate platform and prepaid card which yields significant cost savings via tighter control on expenses before they are incurred coupled with eliminating inefficient processes.  Equals also offers business and retail bank accounts with all the functionality offered by banks, namely faster payments, BACs, direct debits, international payments and a debit card.  The Travel Money offerings (retail currency card and physical currency) represent cost-effective and secure methods for travelers to spend abroad.