See Equalisation charge - NMC battery thread.
Above I've posted a screen shot from the MGS5 manual, which clearly shows needing to be charged to 100% to perform the equalisation charge.
still unconfirmed though is the need to reduce the battery SOC to below 30% (alarm level) before attempting the equalisation charge, but I don't think it's necessary,
But the article does state exactly as I referred to above, that if charging on an overnight cheap tariff (mine is 6 hours with Octopus @7p/kWh between 11.30pm and 05.30am) it may take one charge session to raise the charge sufficiently to allow a second (possibly next night) charge, to fully carry out the balancing act.

Or charge when closer to say 70 to 80% to achieve the full charge of 100% allowing enough time for the cars electronic system to carry out the equalisation.
EV Battery Cell Balancing - EV World
This Australian link is the most informative in layman's terms I've yet come across.
An extract says:-
"it is generally good practice to regularly charge a Lithium Nickel Manganese Cobalt battery (NMC) to only 80%, it is also equally good practice to fully charge NMC batteries to 100% (on an AC charger) at least once every few months"
NOTE FAST DC charging WILL NOT perform an equalisation charge.
The above article was posted here by
@wazmac, an Ozzy forum member, it covers virtually all we need to do.
I've tried to spell it out in simple words, so non technically minded folk get a chance to understand, but apologies for any repeated words or sentences.
Let's hope this forum has gone some way in dispelling the many myths of charging correctly.