Equals Group PLC Expands Shares with LTIP Issuance

Equals Group Plc (GB:EQLS) has released an update.

Equals Group PLC has announced the issuance of 1,838,800 ordinary shares as part of its Long Term Incentive Plan (LTIP), with shares allotted to 31 individuals including key management. To minimize dilution, the company will net settle the awards, covering tax liabilities from its cash reserves. These shares will begin trading on AIM on October 23, 2024, increasing the company’s total shares to 190,371,498.

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