REG - GB Group PLC - Result of AGM

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20/07/2023 12:30

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RNS Number : 6868G  GB Group PLC  20 July 2023

20 July 2023

GB GROUP PLC

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

 

Results of AGM

 

GBG (AIM: GBG), the experts in digital location, identity verification and
fraud software, announces the results of its Annual General Meeting 2023.
Voting on all of the resolutions was conducted on a poll.

The number of votes received in respect of each resolution were as follows:

 Resolution                                                               Votes in favour  % in favour  Votes against  % against  Votes withheld  Total votes cast as % of Issued Share Register
 1. Receive the annual report and accounts                                157,957,455      100.00%      6,697          0.00%      329,640         62.56
 2. Declare a final dividend                                              152,875,339      96.71%       5,207,419      3.29%      211,034         62.60
 3. Appoint Richard Longdon                                               156,049,153      98.71%       2,031,997      1.29%      211,142         62.60
 4. Re-appoint Chris Clark                                                149,552,778      94.95%       7,952,313      5.05%      787,201         62.37
 5. Re-appoint Natalie Gammon                                             151,192,674      95.64%       6,891,202      4.36%      208,416         62.60
 6. Receive and approve the Report on Directors' Remuneration             58,029,158       42.54%       78,396,850     57.46%     21,866,824      54.03
 7. Appoint PwC as auditors                                               155,964,065      98.65%       2,129,693      1.35%      200,034         62.61
 8. Authorise directors to  determine auditor remuneration                157,300,423      99.50%       791,537        0.50%      201,832         62.61
 9. Authorise directors to allot shares                                   152,224,030      96.23%       5,960,940      3.77%      107,322         62.64
 *10. Authorise directors to disapply pre-emption up to 5%                152,513,313      96.48%       5,567,907      3.52%      211,072         62.60
 *11. Authorise directors to dis-apply pre-emption up to a further 5% in  152,252,561      96.31%       5,830,659      3.69%      209,072         62.60
 connection with acquisition or specified capital investment
 *12. Authorise directors to purchase shares                              156,399,370      98.95%       1,656,773      1.05%      237,649         62.59

 

 

 

 

 

Resolution 6 - Report on Directors' Remuneration

The Board notes that the advisory vote on the Directors' Remuneration Report
did not receive the required majority number of votes to pass. Prior to the
AGM the Remuneration Committee conducted an extensive consultation with the
Company's largest shareholders regarding the Directors' Remuneration Report.
The Remuneration Committee values the feedback they have received on the
Company's remuneration arrangements and will continue to engage constructively
with shareholders.

 

Notes

(1)  A vote withheld is not a vote in law and is not counted in the
calculation of the portion of votes in favour or against a resolution

 

(2)  *denotes special resolution

 

(3)  At the date of AGM the issued share capital of the Company is
252,517,420 ordinary shares.

 

 

 

-ENDS -

For further information, please contact:

 GBG

 Chris Clark, CEO & David Ward, CFO              +44 (0) 1244 657333

 Annabelle Burton, Company Secretary             +44 (0) 7976 660181

 Numis (Nominated Adviser and Corporate Broker)

 Simon Willis & Joshua Hughes                     +44 (0) 207 2601000

 Barclays (Corporate Broker)

 Stuart Jempson & Robert Mayhew                   +44 (0) 207 6232323

 Teneo (Financial PR)

 James Macey White & Matt Low                    +44 (0) 207 3534200

                                                 GBG@teneo.com (mailto:GBG@teneo.com)

 Website                                         www.gbgplc.com/investors

About GBG

We are the experts in digital location, identity and managing fraud risk and
compliance. Helping organisations across the globe eliminate customer friction
and fraud from their digital experiences. GBG develops and delivers digital
identity, address verification, fraud prevention and compliance software to
businesses globally.

 

Through the combination of the latest technology, the most accurate data and
our unrivalled expertise, GBG helps organisations ranging from start-ups to
the largest consumer and technology brands in the world deliver seamless
experiences, so their customers can transact online with greater
confidence.

 

To find out more about how we help our customers establish trust with their
customers visit www.gbgplc.com (http://www.gbgplc.com) and follow us on
LinkedIn and Twitter @gbgplc.

 

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