Block Admission Application

RNS Number : 3402G

GB Group PLC

23 July 2019

 

Embargoed until 7.00 a.m.

23 July 2019

GB GROUP PLC

("GBG" or the "Group" or "Company")

Block Admission Application

GBG announces that application has been made to the London Stock Exchange Plc for 5,000,000 ordinary shares of 2.5p each ("Ordinary Shares") to be admitted to trading on AIM. All these Ordinary Shares are being reserved under an extension to the existing block admission and will be issued as required in order to cover future issue of Ordinary Shares arising from the Company's share option schemes.

The block admission relates to Ordinary Shares that will be issued from time to time in accordance with the exercise of options under the Company's Executive Share Option Scheme, Executive Matching Scheme, Save as you Earn Option Scheme and the Share Plan Scheme and will rank pari passu with the existing Ordinary Shares in issue. It is anticipated that the block admission will become effective on 24 July 2019.

For further information, please contact:

GBG John Constantin Company Secretary	01244 657333
Peel Hunt LLP (Nominated Adviser and Broker) Edward Knight Peter Stewart Nick Prowting	020 7418 8900
Tulchan Communications James Macey White Matt Low Deborah Roney	020 7353 4200 [e-mail]
Website	www.gbgplc.com

About GBG

GBG offers a series of solutions that help organisations quickly validate and verify the identity and location of their customers.

Our innovative technology leads the world in location intelligence and fraud detection. Our products are built on an unparalleled breadth of data obtained from over 200 global partners which helps us to verify the identity of 4.4 billion people globally.

Our headquarters are in the UK and we have nearly 1,000 team members across 16 countries. We work with clients in 72 countries including some of the best-known businesses around the world, ranging from US e-commerce giants to Asia's biggest banks and European household brands.

To find out more about how we help our clients establish trust with their customers, visit www.gbgplc.com, follow us on Twitter @gbgplc, or read more in our newsroom: www.gbgplc.com/newsroom 

 

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