REG - GB Group PLC - Extension of Share Repurchase Programme

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RNS Number : 8146Y  GB Group PLC  31 March 2026

 Embargoed until 7.00 a.m.  31 March 2026

 

GB GROUP PLC

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

Extension of Share Repurchase Programme

Today, GBG, a global identity technology business enabling safe and rewarding
digital lives, announces a £10 million extension of the Company's share
repurchase programme to commence on 1 April 2026, having successfully
completed share repurchases to a total value of £45 million during the
financial year 2026.

GBG has appointed Deutsche Bank AG, London Branch (trading for these purposes
as Deutsche Numis) ("Deutsche Numis") to manage a non-discretionary share
buyback programme to purchase ordinary shares of 2.5 pence each in the capital
of the Company ("Ordinary Shares") within certain pre-set parameters, for up
to a maximum additional amount of £10 million (the "Share Buyback
Extension"). The Board considers this additional Share Buyback Extension to be
an attractive use of surplus capital, aligned with our capital allocation
policy, to generate significant shareholder value over the long-term.

About the Share Buyback Extension

The Board has approved the Share Buyback Extension to commence on 1 April
2026, which is expected to continue until the maximum pecuniary amount has
been purchased under the programme.

Purchases may continue during any closed period to which the Company is
subject and will be made from time to time depending on market conditions,
share price and trading volume. The Share Buyback Extension will operate in
accordance with and under the terms of the general authority received at the
Company's 2025 AGM. The purchased Ordinary Shares will be cancelled as the
purpose of the Share Buyback Extension is to reduce the Company's share
capital.

The Share Buyback Extension will be conducted within the parameters of the
Market Abuse Regulation 596/2014/EU (as it forms part of UK law pursuant to
the European Union (Withdrawal) Act 2018, as amended) and the delegated
regulations made pursuant to it as well as the applicable laws and regulations
of the UK Financial Conduct Authority, save that there may be circumstances
where the Company conducts share repurchases such that they exceed 25 per cent
of the average daily volume in Ordinary Shares for the 20 trading days prior
to the share repurchase.

The Company will make further announcements in due course following the
completion of any repurchases as required by UK MAR. The Company is
satisfied that it is not currently in a closed period, nor is it party to any
inside information which has not previously been disclosed via Regulatory
Information Service. As at 30 March 2026, the Company's total issued share
capital consisted of 233,714,306 Ordinary Shares, with one voting right per
share.

 For further information, please contact:

GBG                                                  Via IR / FTI Consulting

 Dev Dhiman, CEO                                      +44 (0) 7816 124164

David Ward, CFO

 Richard Foster, Investor Relations
                                                      +44 (0) 207 260 1000

 Deutsche Numis (Joint corporate broker)

 Joshua Hughes, Tejas Padalkar & Spencer Clark
                                                      +44 (0) 207 623 2323

 Barclays (Joint corporate broker)

 Robert Mayhew, Nicola Tennent & James Atkinson

 FTI Consulting (Financial PR)                        +44 (0) 203 727 1779

 Ed Bridges, Dwight Burden & Emma Hall                GBG@fticonsulting.com (mailto:GBG@fticonsulting.com)

 Website                                              www.gbgplc.com/investors

 

 

 

 About GB Group plc ("GBG")

 GBG is a global identity technology business, enabling safe and rewarding
 digital lives for genuine people, everywhere.

 For over 30 years, we have combined global data with our innovative technology
 to make sure that genuine people everywhere can digitally prove who they are
 and where they live.

 We provide mission-critical services that protect against digital crime,
 strengthens business resilience and drives responsible growth, at scale,
 across a diverse range of sectors. Today, our team of over 1,000 people serve
 more than 20,000 customers globally.

 GBG is a publicly traded company (LSE: GBG) and constituent of the FTSE 250
 index. Further information on our business can be found on our corporate
 website: www.gbgplc.com (http://www.gbgplc.com/)

 

 

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