Apex Fundrock Limited Reveals Stake in Equals Group PLC

Apex Fundrock Limited disclosed a significant stake in Equals Group PLC, according to a Form 8.3 filing. The document, filed on April 2, 2024, shows Chelverton Asset Management as the discloser, acting on behalf of MI Chelverton UK Equity Growth Fund and Bayerninvest WG Bifonds. The position, representing interests in shares of Equals Group PLC (ISIN: GB00BLS0XX25), amounts to 6,037,500 Ordinary 1p shares, which equates to 3.22% of the company's issued share capital.

Further details from the filing show a transaction involving the sale of 187,500 Ordinary 1p shares at a price of £1.185 each on March 28, 2024, marking a notable dealing by the person making the disclosure. No other dealings in cash-settled derivatives or stock-settled derivative transactions were reported, nor were there any rights to subscribe for new securities. Additionally, the filing confirms that there are no indemnity or dealing arrangements, or agreements related to options or derivatives that might influence dealing intentions concerning Equals Group PLC's relevant securities.