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Disclosure by Chelverton Asset Management on Equals Group PLC

Chelverton Asset Management has disclosed its public opening position in Equals Group PLC under Rule 8.3 of the Takeover Code. On December 16, 2024, Chelverton held 4,290,000 ordinary shares, representing 2.25% of Equals Group PLC's relevant securities. No short positions were reported. The disclosure forms part of required reporting for stakeholders with interests surpassing 1% in such securities.

No cash-settled or stock-settled derivative positions were reported by Chelverton. During the reporting period, Chelverton sold 1,912,500 ordinary shares at a price of 1.34 per unit.

No indemnity or option arrangements, agreements, or understandings related to voting rights or the future acquisition of these securities were reported. Additionally, no Supplemental Form 8 concerning open positions was attached.

R. P.

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