Disclosure of Position by Chelverton Asset Management in Equals Group PLC

On December 19, 2024, Chelverton Asset Management made a public disclosure regarding its position in Equals Group PLC. This comes as part of the adherence to Rule 8.3 of the Takeover Code, which mandates disclosures by entities holding 1% or more in relevant securities. The firm reported ownership of 3,487,500 ordinary shares, equating to 1.83% of Equals Group PLC.

No rights to subscribe for new securities were disclosed, and there were no cash-settled or stock-settled derivative transactions recorded. Chelverton sold 802,500 ordinary shares at a price of 1.34 per share. Furthermore, no indemnity or other arrangements to deal in securities were noted, nor were there any agreements regarding options or derivatives relating to voting rights.