Business
Retail Offer by PrimaryBid
Retail Offer by PrimaryBid.
About this update from Gb Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 8864S\n GB Group PLC\n 18 November 2021\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED IN IT 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, NEW ZEALAND, SINGAPORE, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \n \n \n FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO SELL OR ISSUE, OR ANY SOLICITATION OF AN OFFER TO PURCHASE OR SUBSCRIBE FOR, ANY SECURITIES OF \n \n \n GB GROUP PLC. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\n \n \n \n THIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (\"FSMA\") AND HAS BEEN APPROVED BY PRIMARYBID LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 779021).\n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.\n \n \n 18 November 2021\n \n \n GB Group plc\n \n \n (\"GB Group\" or the \"\n \n Company\"\n \n ) (LON: GBG)\n \n \n Retail Offer\n \n \n GB Group plc\n (LON: GBG), the AIM quoted digital location, identity and identity fraud software company, \n is pleased to announce, a conditional offer for subscription via PrimaryBid (the \"Retail Offer\") of new ordinary shares of \n 2.5 \n p each in the Company (the \"Retail Shares\").\n \n \n \n The Company also separately announced today its intention to conduct a non-pre-emptive cash box placing \n (the \"Placing\") \n of new ordinary shares \n of \n 2.5 \n p each in the Company\n (the \"Placing Shares\") by way of an accelerated bookbuild process (the \"Bookbuild Process\")\n . The price at which the Placing Shares are to be placed (the \"Placing Price\") will be determined at the close of the Bookbuild Process.\n \n \n The issue price for the Retail Shares will be equal to the Placing Price.\n \n \n The Retail Offer and the Placing are conditional on \n the new ordinary shares to be issued pursuant to the Retail Offer and the Placing being admitted to trading on AIM, a market operated by London Stock Exchange plc (\"Admission\"). Admission is expected to be take pl...