GB Group PLC Result of AGM (6868G)

TIDMGBG

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      % in favour   Votes        % against   Votes       Total votes 
                           favour                      against                  withheld    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 connection 
  with acquisition 
  or specified 
  capital investment      152,252,561     96.31%      5,830,659      3.69%      209,072        62.60 
                         ------------  ------------               ----------               ------------- 
 *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 -

Fo r further information, please contact:

 
 GBG 
  Chris Clark, CEO & David Ward, CFO            [phone] 
  Annabelle Burton, Company Secretary           [phone] 
 Numis (Nominated Adviser and Corporate 
  Broker) 
  Simon Willis & Joshua Hughes                  [phone] 
                                          ------------------------- 
 Barclays (Corporate Broker) 
  Stuart Jempson & Robert Mayhew                [phone] 
                                          ------------------------- 
 Teneo (Financial PR) 
  James Macey White & Matt Low                  [phone] 
                                                      [e-mail] 
                                          ------------------------- 
 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 and follow us on LinkedIn and Twitter @gbgplc.

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(END) Dow Jones Newswires

July 20, 2023 07:26 ET (11:26 GMT)