Form 8.3 - Equals Group PLC
*Downing LLP*
*LEI: 213800G3X76VBG9SB504*
*8** May **202**4*
*Form 8.3 **re**. **Equals Group **Plc*
*PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE *
*Rule 8.3* *of the Takeover Code (the “Code”)*
*1.* *KEY INFORMATION* *(a)* *Full name of **discloser**:* Downing LLP
*(b)* *Owner or controller of interests and short positions **disclosed**, if different from 1(a):* Client funds managed by Downing LLP Downing Strategic Micro-Cap Investment Trust plc
*(c)* *Name of offeror/offeree in relation to whose relevant securities **this form** relates:* Equals Group Plc
*(d)* *If an exempt fund manager connected with an offeror/offeree, state this and specify **identity of **offeror/offeree**:* n/a
*(e)* *Date position held/dealing undertaken:* 08 May 2024
*(f**)* *In addition to the company in 1(c) above**, is the discloser **making disclosures** in respect of any **other** party to the offer**?* No *2.* *POSITIONS OF THE PERSON MAKING THE DISCLOSURE*
*(a)* *Interests and short positions in the relevant sec**urities of the offeror or offeree to which the disclosure relates following the dealing* *(if any)* *Class of relevant security:* *Ordinary shares 1p* *Interests* *Short positions* *Number* *%* *Number* *%*
*(**1)* *Relevant securities owned and/or controlled:* 4,986,750 2.68
*(**2)* *Cash-settled derivatives**:*
*(**3)* *Stock-settled derivatives (including options) **and agreements to **purchase**/sell:*
*TOTAL:* 4,986,750 2.68 *(b**)* *Rights to subscribe **for new securities (including directors’ and other **employee** options)* *Class of relevant security** in relation to which subscription right exists:*
*Details**, including nature of the rights concerned and relevant percentages:* *3.* *DEALINGS** (IF ANY) BY THE PERSON MAKING THE DISCLOSURE*
*(a)* *Purchases and sales* *Class of relevant security* *Purchase/sale* *Number of securities* *Price per unit*
1p Ordinary Shares Purchase Sale 8,628 8,628 1.30 1.30 *(b)* *Cash-settled derivative transactions* *Class of relevant security* *Product description* *Nature of **dealing* *Number of **reference **securities* *Price per unit* *(c)* *Stock-settled derivative **transactions **(including o**ptions**)*
*(**i**)* *Writing, selling, **purchasing** or varying* *Class of relevant security* *Product description * *Writing, **purchasing**,** selling, **varying etc.* *Number of s**ecurities to which **option** relates* *Exercise* *price **per unit* *Type* *Expiry date* *Option** money* *paid/* *received per unit* *(ii)* *Exercis**e* *Class of relevant security* *Product description* *Exercising/ exercised against* *Number of securities* *Exercise price per unit* *(d)* *Other dealings (including **subscribing for **new securities)* *Class of relevant security* *Nature of **dealing* *Details* *Price per unit (if applicable)* *4.* *OTHER INFORMATION*
*(a)* *Indemnity and other dealing arrangements* *D**etails of any **indemnity or option **arrangement**,** or **any agreement or **understanding**, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing **entered into** by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:* None *(b)* *Agreements, arrangements or understandings relating to options or derivatives* *D**etails of any agreement, arrangement or understanding**, formal or informal,** between the person **making the disclosure** and any other person relating to**:* *(**i**)* *the voting rights of any relevant securities under any **option**;** or * *(ii)* *the voting rights or future acquisition or disposal of any relevant securities to which any derivative **is referenced**:* None *(c)* *Attachments* *Is a **Supplemental Form 8 (Open Positions)** attached?* NO
*Date of disclosure**:** * 08 May 2024
*Contact name**:** *
*Telephone number*****:** * 0207 416 7780