- Financial services company Equals said it was in the advanced stages of raising around £16m, to accelerate organic growth and fund potential acquisitions.

News shares in the company were being offered at 110p each via a £14m raising that would be followed by a £2m open offer to existing shareholders.

Equals, which was formally known as FairFX, was confirming media speculation about a potential raising.

At 1:09pm: [LON:EQLS] share price was -7p at 111.5p

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