Apex Fundrock Limited Discloses Ownership in Equals Group PLC

Apex Fundrock Limited has publicly revealed its stake in Equals Group PLC, showing significant interest in the company. According to a recent filing, Apex Fundrock Limited holds 6,225,000 ordinary 1p shares, representing 3.32% of the company. This position underscores the investment fund's strategic interest in Equals Group PLC, a key player in the financial sector. The disclosure, mandated under Rule 8.3 of the Takeover Code, was made on 25 March 2024.

The investment by Apex Fundrock Limited in Equals Group PLC came to light following a purchase and sale activity highlighted in the disclosure. Specifically, it was reported that 25,000 ordinary 1p shares were sold at a price of £1.17728 per unit. This dealing reflects recent transactions but demonstrates a continued interest and investment in the company's operations and future prospects.

No other significant financial instruments, such as cash-settled derivatives or rights to new securities, were disclosed in relation to Apex Fundrock Limited's investment in Equals Group PLC. Moreover, there were no reported agreements or arrangements involving the disclosed holdings that might influence investment decisions or the strategic direction of Equals Group PLC.