Director/PDMR Shareholding

RNS Number : 1020A

GB Group PLC

26 March 2012

 



26 March 2012

GB Group PLC

("GB Group" or the "Company")

Notification of Director's Interest

The Company announces that Richard Law, the Chief Executive Officer of GB Group, has today notified the Company that he has today exercised options over a total of 442,000 ordinary shares of 2.5p each in the Company ("Ordinary Shares") at exercise prices between 14.50p and 21.50p.  These options were awarded to him under the rules of the Group's Executive Share Option Scheme between May 2003 and June 2004.

Mr Law has today also sold 242,000 Ordinary Shares at a price of 61.75p per Share to cover the exercise costs incurred and tax liabilities arising in respect of the exercise of these options.

Following this notification, Mr Law has:

·      a beneficial holding of 1,684,574 Ordinary Shares (which represents 1.6% of the issued share capital of the Company); and

·      options over a maximum of 2,055,820 Ordinary Shares .

-Ends-

For further information, please contact:

GB Group plc	01244 657333
Richard Law, Chief Executive
Dave Wilson, Finance Director
Peel Hunt LLP (Nominated Adviser and Broker)	020 7418 8900
Richard Kauffer
Daniel Harris
Newgate Threadneedle	020 7653 9850
Caroline Evans-Jones
Heather Armstrong

Editors' Notes

Who are GB Group

The most successful organisations recognise the value of understanding your individual identity - who you are, what you need and what you like. GB combines this concept of identity with technology to create an environment of trust so that organisations can connect, communicate and transact with consumers safely, responsibly and profitably. We call this identity management.

GB Group has four complementary identity management offerings:

·      ID Verification, which provides the ability to verify consumers' identities remotely, without the physical presentation of documentation, in order to combat ID fraud, money laundering and restrict access to under age content, purchases and gambling

·      ID Customer Registration, which includes software and services for quick and accurate customer registration and validation of records

·      ID Marketing Services, which provides database services so our clients can better understand, target and retain their customers and offers accurate and up-to-date identity information for their contact strategies 

·      ID Tracing Services, which provides the largest and most accurate picture of the UK's population and properties in order to locate and contact the right individual, first time

This enables our clients to make informed business decisions based on a thorough knowledge of consumer identity and behaviour, leading to more effective communication and interaction with the customer.

GB Group' subsidiary companies include:

·      Capscan
Provides postcoding/addressing software, International addressing data, census & geodemographic data, lifestyle & commercial data, consumer names data, bureau services and mailsort software.

·      Data Discoveries
Provides data management services including name & address capture, database cleaning, suppression screening, data enhancement, profiling & analysis, list generation and tracing software.

·      Advanced Checking Services
Provides a service which verifies any employee's entitlement to drive on business throughout their time with you - replacing flawed manual checks of licences with a fast, accurate and systematic online verification regime.

 

END

 

 

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