Regulatory News

2024

Completion of Roqqett acquisition

09 January 2023

Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, is pleased to announce that further to the announcement issued on 28 November 2022 and having now received regulatory approval from the Financial Conduct Authority, the acquisition of Roqqett Limited (‘Roqqett’) has now completed.

The initial £1.0 million cash payment has been fully satisfied from Equals’ existing cash resources and this will be followed by three deferred payments, one of up to £0.25 million satisfied in cash (when Roqqett receives the benefit of R&D tax credits) and two of £0.5 million, one in cash and the other satisfied by the issue of ordinary shares in Equals, struck at the five-day volume-weighted average price of 87.23p as of Friday, 25 November 2022. The second and third deferred payments become due when certain capabilities are added to the platform and are expected to be paid in under one year. 

The acquisition of Roqqett is expected to be earnings accretive for the Group in the medium term and will allow Equals to widen the addressable markets for its services as well as driving growth.

 

For more information, please contact:

Equals Group plc 
Ian Strafford-Taylor, CEO
Richard Cooper, CFO
Tel: +44 (0) 20 7778 9308
www.equalsplc.com
 
Canaccord Genuity (Nominated Adviser / Broker) 
Max Hartley / Harry ReesTel: +44 (0) 20 7523 8150
 
Buchanan (Financial Communications) 
Henry Harrison-Topham / Toto Berger
[email protected]
Tel: +44 (0) 20 7466 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 and currently employs around 285 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com.

2023

Completion of Roqqett acquisition

09 January 2023

Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, is pleased to announce that further to the announcement issued on 28 November 2022 and having now received regulatory approval from the Financial Conduct Authority, the acquisition of Roqqett Limited (‘Roqqett’) has now completed.

The initial £1.0 million cash payment has been fully satisfied from Equals’ existing cash resources and this will be followed by three deferred payments, one of up to £0.25 million satisfied in cash (when Roqqett receives the benefit of R&D tax credits) and two of £0.5 million, one in cash and the other satisfied by the issue of ordinary shares in Equals, struck at the five-day volume-weighted average price of 87.23p as of Friday, 25 November 2022. The second and third deferred payments become due when certain capabilities are added to the platform and are expected to be paid in under one year. 

The acquisition of Roqqett is expected to be earnings accretive for the Group in the medium term and will allow Equals to widen the addressable markets for its services as well as driving growth.

 

For more information, please contact:

Equals Group plc 
Ian Strafford-Taylor, CEO
Richard Cooper, CFO
Tel: +44 (0) 20 7778 9308
www.equalsplc.com
 
Canaccord Genuity (Nominated Adviser / Broker) 
Max Hartley / Harry ReesTel: +44 (0) 20 7523 8150
 
Buchanan (Financial Communications) 
Henry Harrison-Topham / Toto Berger
[email protected]
Tel: +44 (0) 20 7466 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 and currently employs around 285 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com.

2022

Completion of Roqqett acquisition

09 January 2023

Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, is pleased to announce that further to the announcement issued on 28 November 2022 and having now received regulatory approval from the Financial Conduct Authority, the acquisition of Roqqett Limited (‘Roqqett’) has now completed.

The initial £1.0 million cash payment has been fully satisfied from Equals’ existing cash resources and this will be followed by three deferred payments, one of up to £0.25 million satisfied in cash (when Roqqett receives the benefit of R&D tax credits) and two of £0.5 million, one in cash and the other satisfied by the issue of ordinary shares in Equals, struck at the five-day volume-weighted average price of 87.23p as of Friday, 25 November 2022. The second and third deferred payments become due when certain capabilities are added to the platform and are expected to be paid in under one year. 

The acquisition of Roqqett is expected to be earnings accretive for the Group in the medium term and will allow Equals to widen the addressable markets for its services as well as driving growth.

 

For more information, please contact:

Equals Group plc 
Ian Strafford-Taylor, CEO
Richard Cooper, CFO
Tel: +44 (0) 20 7778 9308
www.equalsplc.com
 
Canaccord Genuity (Nominated Adviser / Broker) 
Max Hartley / Harry ReesTel: +44 (0) 20 7523 8150
 
Buchanan (Financial Communications) 
Henry Harrison-Topham / Toto Berger
[email protected]
Tel: +44 (0) 20 7466 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 and currently employs around 285 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com.

2021

Completion of Roqqett acquisition

09 January 2023

Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, is pleased to announce that further to the announcement issued on 28 November 2022 and having now received regulatory approval from the Financial Conduct Authority, the acquisition of Roqqett Limited (‘Roqqett’) has now completed.

The initial £1.0 million cash payment has been fully satisfied from Equals’ existing cash resources and this will be followed by three deferred payments, one of up to £0.25 million satisfied in cash (when Roqqett receives the benefit of R&D tax credits) and two of £0.5 million, one in cash and the other satisfied by the issue of ordinary shares in Equals, struck at the five-day volume-weighted average price of 87.23p as of Friday, 25 November 2022. The second and third deferred payments become due when certain capabilities are added to the platform and are expected to be paid in under one year. 

The acquisition of Roqqett is expected to be earnings accretive for the Group in the medium term and will allow Equals to widen the addressable markets for its services as well as driving growth.

 

For more information, please contact:

Equals Group plc 
Ian Strafford-Taylor, CEO
Richard Cooper, CFO
Tel: +44 (0) 20 7778 9308
www.equalsplc.com
 
Canaccord Genuity (Nominated Adviser / Broker) 
Max Hartley / Harry ReesTel: +44 (0) 20 7523 8150
 
Buchanan (Financial Communications) 
Henry Harrison-Topham / Toto Berger
[email protected]
Tel: +44 (0) 20 7466 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 and currently employs around 285 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com.

2020

Completion of Roqqett acquisition

09 January 2023

Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, is pleased to announce that further to the announcement issued on 28 November 2022 and having now received regulatory approval from the Financial Conduct Authority, the acquisition of Roqqett Limited (‘Roqqett’) has now completed.

The initial £1.0 million cash payment has been fully satisfied from Equals’ existing cash resources and this will be followed by three deferred payments, one of up to £0.25 million satisfied in cash (when Roqqett receives the benefit of R&D tax credits) and two of £0.5 million, one in cash and the other satisfied by the issue of ordinary shares in Equals, struck at the five-day volume-weighted average price of 87.23p as of Friday, 25 November 2022. The second and third deferred payments become due when certain capabilities are added to the platform and are expected to be paid in under one year. 

The acquisition of Roqqett is expected to be earnings accretive for the Group in the medium term and will allow Equals to widen the addressable markets for its services as well as driving growth.

 

For more information, please contact:

Equals Group plc 
Ian Strafford-Taylor, CEO
Richard Cooper, CFO
Tel: +44 (0) 20 7778 9308
www.equalsplc.com
 
Canaccord Genuity (Nominated Adviser / Broker) 
Max Hartley / Harry ReesTel: +44 (0) 20 7523 8150
 
Buchanan (Financial Communications) 
Henry Harrison-Topham / Toto Berger
[email protected]
Tel: +44 (0) 20 7466 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 and currently employs around 285 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com.

2019

Completion of Roqqett acquisition

09 January 2023

Equals Group plc (AIM:EQLS), a leading fintech payments group focused on the SME marketplace, is pleased to announce that further to the announcement issued on 28 November 2022 and having now received regulatory approval from the Financial Conduct Authority, the acquisition of Roqqett Limited (‘Roqqett’) has now completed.

The initial £1.0 million cash payment has been fully satisfied from Equals’ existing cash resources and this will be followed by three deferred payments, one of up to £0.25 million satisfied in cash (when Roqqett receives the benefit of R&D tax credits) and two of £0.5 million, one in cash and the other satisfied by the issue of ordinary shares in Equals, struck at the five-day volume-weighted average price of 87.23p as of Friday, 25 November 2022. The second and third deferred payments become due when certain capabilities are added to the platform and are expected to be paid in under one year. 

The acquisition of Roqqett is expected to be earnings accretive for the Group in the medium term and will allow Equals to widen the addressable markets for its services as well as driving growth.

 

For more information, please contact:

Equals Group plc 
Ian Strafford-Taylor, CEO
Richard Cooper, CFO
Tel: +44 (0) 20 7778 9308
www.equalsplc.com
 
Canaccord Genuity (Nominated Adviser / Broker) 
Max Hartley / Harry ReesTel: +44 (0) 20 7523 8150
 
Buchanan (Financial Communications) 
Henry Harrison-Topham / Toto Berger
[email protected]
Tel: +44 (0) 20 7466 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 and currently employs around 285 staff across sites in London and Chester.  For more information, please visit www.equalsplc.com.

2017

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2014