Equals Group plc

EQLS

GB00BLS0XX25

Business Support Services

Delayed London S.E. Other stock markets 10:28:23 2024-07-16 EDT			5-day change	1st Jan Change
110.8 ^GBX	-1.12%		-5.34%	-8.85%

07-10	Equals Group receives improved offer from consortium	AN
07-10	Equals Group Secures Extension to Firm Intention Deadline for Improved Takeover Proposal	MT

Equals Group receives improved offer from consortium

July 10, 2024 at 03:22 pm

Equals Group PLC - London-based payment platform developer - Receives improved indicative non-binding proposal from the consortium comprising Embedded Finance Ltd and TowerBrook Capital Partners (UK) LLP regarding a possible all-cash offer at 135 pence per share. The improved proposal is subject to due diligence. First proposal was received in March, terms were not disclosed. The consortium has until August 7 to submit a firm proposal.

Current stock price: 115.75 pence

12-month change: up 17%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Equals Group plc

Equals Group receives improved offer from consortium	07-10	AN
Equals Group Secures Extension to Firm Intention Deadline for Improved Takeover Proposal	07-10	MT
Equals Group Provides Strategic Review Update and Extension of PUSU Deadline	07-10	CI
Equals celebrates revenue surge amid sound B2B performance	07-03	AN
Madison Dearborn backs away from takeover offer for Equals	06-12	AN
Equals Group Provides Strategic Review Update and PUSU Extension	06-12	CI
Equals Group plc Approves Final Dividend	05-21	CI
DSW eyes lower profit than expected; Mpac optimistic	05-16	AN
Equals Group Secures Extension to Firm Intention Deadline for Two Potential Bidders	05-15	MT
Equals Group Provides Strategic Review Update and PUSU Extension	05-15	CI
Equals Group plc Proposes Final Dividend, Payable on 28 June 2024	04-22	CI
Equals confirms one month extension of firm takeover offer deadline	04-17	AN
Equals Group's Suitors Get Deadline Extension from UK Takeover Panel	04-17	MT
EARNINGS AND TRADING: AssetCo deputy retiring, Chapel Down ups revenue	04-16	AN
Equals Group plc Reports Earnings Results for the Full Year Ended December 31, 2023	04-16	CI
Equals receives buyout offer amidst "strong growth" in first quarter	03-20	AN
Equals Group Confirms Takeover Bid from Embedded Finance, TowerBrook Capital	03-20	MT
Equals Group Confirms Receipt of an Indicative Non-Binding Proposal from Consortium Regarding Possible Offer for the Entire Issued and to be Issued Share Capital	03-20	CI
Equals Group plc Reports Revenue Guidance for the First Quarter of Fiscal Year 2024 Up to 15 March 2024	03-20	CI
Equals Group Provides Strategic Review Update	03-20	CI
Embedded Finance Limited and TowerBrook Capital Partners (U.K.) LLP offered a non-binding proposal offer to acquire Equals Group plc (AIM : EQLS).	03-19	CI
Equals extends takeover intention deadline for Madison for fourth time	02-21	AN
Madison Dearborn Partners Gets Extension to Deadline for Possible Equals Group Bid	02-21	MT
Equals Group Announces Strategic Review Update	02-21	CI
MetalNRG's legal settlement; Impellam confirms payout	01-24	AN

Chart Equals Group plc

Duration

Period

More charts

Company Profile

Equals Group Plc is a United Kingdom-based financial technology (fintech) provider. The Company is primarily providing foreign currency and banking services. The Companyâs segments include Currency Cards (both personal and corporate), International Payments, Solutions, Travel Cash, Banking, Europe and Central (which includes overheads and corporate costs). It provides small and medium enterprises with a suite of payment products. The Company offers money movement services to both business and personal customers through five interconnected channels: international payments; corporate expenses platform; current accounts; and travel money, comprising currency cards and physical currency. The international payments channel supports wire transfers foreign exchange transactions direct to bank accounts. The Company also offers business and retail accounts with all the payments functionality offered by banks, namely faster payments, direct debits, international payments, and a debit card.

Sector

Business Support Services

Calendar

2024-09-08 - Q2 2024 Earnings Call - First Call

More about the company

Income Statement Evolution

More financial data

Ratings for Equals Group plc

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.12 GBP

Average target price

1.6 GBP

Spread / Average Target

+42.86%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Transaction & Payment Services

	1st Jan change	Capi.
EQUALS GROUP PLC	-8.85%	270M
FISERV, INC.	+17.59%	90.92B
PAYPAL HOLDINGS, INC.	+0.58%	63.25B
BLOCK, INC.	-5.93%	44.53B
GLOBAL PAYMENTS INC.	-19.32%	25.4B
CORPAY, INC.	+3.40%	20.35B
WISE PLC	-9.15%	9.94B
NEXI S.P.A	-20.63%	8.25B
WEX INC.	-2.87%	7.75B
EURONET WORLDWIDE, INC.	+4.08%	4.79B

Transaction & Payment Services

Equals Group plc

Equities

EQLS

GB00BLS0XX25

Business Support Services

Equals Group receives improved offer from consortium

Latest news about Equals Group plc

Chart Equals Group plc

Company Profile

Income Statement Evolution

Ratings for Equals Group plc

Analysts' Consensus

EPS Revisions

Annual profits - Rate of surprise

Sector Transaction & Payment Services