Source - LSE Regulatory
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 favour

% in favour

Votes against

% against

Votes withheld

Total votes 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 -

For further information, please contact:

GBG

Chris Clark, CEO & David Ward, CFO

Annabelle Burton, Company Secretary

 

 

+44 (0) 1244 657333

+44 (0) 7976 660181

Numis (Nominated Adviser and Corporate Broker)

Simon Willis & Joshua Hughes

 

 

 +44 (0) 207 2601000

Barclays (Corporate Broker)

Stuart Jempson & Robert Mayhew

 

 +44 (0) 207 6232323

 

Teneo (Financial PR)

James Macey White & Matt Low

 

 

+44 (0) 207 3534200

GBG@teneo.com

 

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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