Business
Result of Placing
Result of Placing.
About this update from Gb Group Plc
[{"type":"text","content":"\n \nRNS Number : 6255E GB Group PLC 09 May 2017 \n\nTHIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SINGAPORE, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES. THE SECURITIES DISCUSSED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE \"US SECURITIES ACT\") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE US SECURITIES ACT. NO PUBLIC OFFERING OF THE SECURITIES DISCUSSED HEREIN IS BEING MADE IN THE UNITED STATES AND THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFERING OF SECURITIES FOR SALE IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SINGAPORE OR THE REPUBLIC OF SOUTH AFRICA.\n \nFURTHER, THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR ISSUE OR SOLICITATION TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE SHARES IN GB GROUP PLC IN ANY JURISDICTION IN WHICH ANY SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.\n \n\n\n\n\nDate:\n\n\n9 May 2017\n\n\n\n\nOn behalf of:\n\n\nGB Group plc (\"GBG\" or the \"Group\" or the \"Company\")\n\n\n\n\nEmbargoed until:\n\n\nImmediate release\n\n\n\n\n \n \nGB GROUP PLC \n \nResult of Placing\n \nGBG, the identity data intelligence specialist, is pleased to announce the successful completion of the placing announced earlier today (the \"Placing\") in connection with GBG's conditional agreement to acquire the entire issued share capital of Postcode Anywhere (Holdings) Ltd (\"PCA Predict\").\nA total of 17,058,824 new Ordinary Shares of the Company (the \"Placing Shares\") have been placed by Peel Hunt LLP (\"Peel Hunt\") by way of a vendor placing at a price of 340 pence per share (the \"Placing Price\"), representing a 3.4 per cent discount to the closing price on 8 May 2017 (being the day prior to this announcement) with new and existing investors, raising proceeds of approximately £58 million.\nThe Placing Shares will represent approximately 12.7 per cent....