Gb Share Discussion Threads

[davr0s] 25/2/2021 08:35

News not exactly lighting any fires for the share price. Back to where we were last week

[hotfinance14] 25/2/2021 07:23

An unexpected trading update. Bloody fantastic news.

[stig2] 24/2/2021 16:14

MMs no doubt had an order to fill with all the £8 "sell stops"

[wolansm] 24/2/2021 15:01

Wonder if someone mopping up the sells quietly Bol all

[wolansm] 24/2/2021 14:57

Odd both my trades not showing at all, one for 2456

[hotfinance14] 24/2/2021 10:58

I agree Wol..massive opportunity at this low share price

[wolansm] 24/2/2021 09:21

Opportunity I believe

[hotfinance14] 23/2/2021 15:00

You would of got a very good price Lomax as nothing justifies the drop over the last few weeks.

[lomax99] 23/2/2021 09:39

Small top up for me, will add more progressively sub £8

[hotfinance14] 05/2/2021 14:26

I always wonder what causes these sudden daily share price spikes.I bet the directors of GBG do not even know.

[wolansm] 05/2/2021 13:02

Lovely lift today, whhhhoooosh

[wolansm] 30/1/2021 12:42

I move between Gbg, vod, Directline and bp depending on divi dates and good value at the time. Remember I've been here for donkeys, one day I just stopped buying Gbg because had too many then roughly 2012 started to go up. So if I sell and get it wrong no big deal.

[wolansm] 30/1/2021 12:38

Aye a lucky one.

[hotfinance14] 30/1/2021 07:42

Your timing at 947 was close enough to perfect Wol.Incredible.

[wolansm] 29/1/2021 16:54

Stig for me I sold at 947 back in then out again with more, then out into something else for a week or so and now patiently waiting to do it again. Obviously don't get it right most of the time .....and say they go higher than my original sell it's not a problem a profit is a profit, these are by far my biggest holding so happy with the result.

[stig2] 29/1/2021 15:17

This would be a great share to trade in and out of, if you only knew when or even more WHY it moves back and to with such wild abandon. Still it discourages that sort of trader so I'm not complaining. No offence wolansm, I know you have been here as a Long holder for ages.

[wolansm] 29/1/2021 10:51

Should have sold a few at start of week ..... held off for 1 penny, heh heh heh greed pure greed ha ha

[hotfinance14] 28/1/2021 07:23

Succession Plan for CFO



GBG is pleased to announce the appointment of David Mathew Ward to its Board as its new CFO, replacing Dave John Wilson, who is stepping down from the Board and retiring as CFO and COO after 12 years. It is anticipated that David Ward will join GBG on 17th May 2021, with Dave Wilson leaving at the end of June thereby providing sufficient time to complete an orderly handover.



The Board would like to thank Dave Wilson for his significant contribution to the growth and success of GBG during his time as CFO. During Dave's tenure at GBG the Group has evolved from a small UK operation to a truly international business with over 65% of revenue generated outside the UK (as per 6 months ended 30 Sept 2020), customers in over 70 countries and team members in 16 countries. Over the same period, GBG has increased its market capitalisation more than 100x, from c. £14.2m in April 2009 to c. £1.7bn today.



David Ward is a highly experienced, successful and well-regarded business leader who has spent the last 10 years with AVEVA Group plc ('AVEVA'), the FTSE 100 global software group. Prior to the merger with the software business of Schneider Electric, David was CFO, subsequently becoming Finance Director & Company Secretary of the enlarged group. During his time with AVEVA, the company has scaled financially and geographically, with David leading a number of M&A projects, as well as restructuring finance, business operations and processes. David is an economics graduate and a qualified chartered accountant, having spent his early career with Ernst & Young. The combination of his experience, drive and culture makes him an ideal fit for GBG's next stages of growth.



David Rasche, Chairman of GBG, said:

"I would like to thank Dave Wilson for his 12 years with GBG, during which time he has been a key member of the Board helping to transform the business and deliver outstanding shareholder returns. In terms of product portfolio, customer focus and success, international growth and delivering shareholder value, GB Group has come a long way from the business Dave joined. Dave is highly respected by our investor community and by all his colleagues in the business.



"I know that Dave will remain a good friend of the business and we wish him well for his retirement.



"After a thorough and rigorous search process initiated with Odgers Berndtson, the Board is delighted that David Ward has agreed to join GBG as its CFO. David has been key to impressive growth and financial governance improvements at AVEVA over his tenure and I am confident that his experience will be an asset to GBG as we continue our own growth story".



Chris Clark, Chief Executive of GBG, said;

"I'd like to thank Dave Wilson personally for his focus and support since I joined GBG four years ago. It has been a pleasure working with him. As we continue our ambitious growth journey I am delighted that David Ward has decided to join me and the GBG Board. During the search it became clear that David has really strong experience of leading a business along an international growth trajectory, similar to what we have ahead. We also believe that his style will be a great fit with the culture of GBG, something that we are very careful to nurture and evolve."



Dave Wilson, CFO & COO of GBG, said;

"It has been a privilege to work with past and present team members, who are the essence of such a great business. My 12 years at GBG has been fun and rewarding, which has given me many proud moments. It is the right time for me to move to non-executive roles, and I thank the Board, our team, advisors and the investment community for their support over the years"



Commenting on his new role, David Ward added:

"The fundamental strengths of GBG's products and the opportunities which exist for the business within its markets, made this opportunity instantly compelling. Having met various members of the Board and Executive, it became clear that the culture and focus of the business are important strengths. It is rare to find a business with the market opportunity, strategy and ambition to deliver, combined with the culture to succeed. I will be joining GBG at a very exciting chapter in its growth journey and look forward to leveraging my experience of international expansion and finance operations to enable further success building on Dave's impressive legacy."



As part of David Ward's remuneration, upon taking up his appointment ('Date of Grant') he will receive an option over 150,000 Ordinary Shares in the capital of the Company as compensation to match the earnings and incentives forfeited on leaving his previous employer (the 'Compensatory Options'). The Compensatory Options will be issued at an exercise price of 2.5 pence per Ordinary Share and will vest in equal tranches on the first, second and third anniversary from the Date of Grant provided he still holds the position of CFO of GBG on the respective dates. In addition, vesting of the second and third tranches will also be subject to achievement of EPS and TSR performance targets in line with the Group's objectives and beyond. The Compensatory Options are valid for a period of 12 months from the vesting date.

[countryboy1] 16/1/2021 15:20

Well someone thought that this week's drop was worthy of a top up and bought £2m worth yesterday afternoon (175781 @ £8.60641) which looks like an approximate premium of 20p to the price at the time. Given that three directors bought at £8.74 on 15th December, I also topped up yesterday afternoon although my "buy" showed up as a sell trade. Fingers crossed.

[davr0s] 14/1/2021 19:32

Well be my guest...

[hotfinance14] 14/1/2021 13:05

Ideal buying opportunity after this drop over the last week.

[wolansm] 14/1/2021 11:06

A few 5 figure in shares buys, rest mostly small > 500 shares think might take a few

[hotfinance14] 14/1/2021 10:43

If the sold value was material I think they would have to disclose it.However I would still like to know what the value od the deal was.