Directorate change and in-line trading update

GB Group PLC

30 January 2024

 

~Embargoed until 7.00 a.m.

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GB GROUP PLC

("GBG", the "Group" or the "Company")

Directorate change

Trading in line with expectations

GB Group plc, (AIM: GBG) the experts in digital location, identity verification and identity fraud software, confirms that, further to the announcement of 8 November 2023 and a successful transition period as CEO designate, Dev Dhiman has today formally taken up his Board position as CEO. Dev replaces Chris Clark who, as part of the CEO succession plan, has now stepped down as a director of the Company.

As expected, trading during the third quarter to the end of December 2023 reflected a continuation of the trends reported in the first half. As a result of progress delivered from our efficiency and simplification initiatives, the Board remains confident in meeting its FY24 expectations.

GBG will publish its full year pre-close trading statement in April 2024.

For further information, please contact:

GBG Dev Dhiman, CEO & David Ward, CFO Richard Foster, Investor Relations	[phone] [phone]
Deutsche Numis (Nominated Adviser and Corporate Broker) Simon Willis & Joshua Hughes	[phone]
Barclays (Corporate Broker) Robert Mayhew & Stuart Jempson	[phone]
Teneo (Financial PR) James Macey White & Matt Low	[phone] [e-mail]
Website	www.gbgplc.com/investors

About GBG

GBG is the leading expert in global digital identity. We combine our powerful technology, the most accurate data coverage and our talented team to deliver award-winning location intelligence, identity verification and fraud prevention solutions.

With over 30 years' experience, we bring together a team of dedicated experts with local industry insight from around the world to make it easy for businesses to identify and verify customers and locations, protecting everyone, everywhere from fraud.

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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