Highlights
GB Group plc confirms of fifty thousand ordinary shares under its programme
Transactions executed through Deutsche Numis with prices ranging from two hundred twelve to two hundred fourteen pence
Total voting rights reduced to two hundred forty seven million following cancellation of shares
GB Group plc (LON:GBG), a constituent of the ftse aim 100 companies, operates within the technology and data intelligence sector. The company has provided details of its latest transaction in own shares, conducted under the share programme announced in late July. This initiative continues to reduce the overall share count while ensuring compliance with regulatory requirements.
Share Details
On twenty sixth August, the company fifty thousand ordinary shares with a nominal value of two and a half pence each. The trades were executed through Deutsche Numis on the AIM market. Purchase prices varied, with the lowest recorded at two hundred twelve pence and the highest at two hundred fourteen pence per share. The volume weighted average price stood at just over two hundred thirteen pence.
The shares will be cancelled, resulting in a lower overall issued share capital. Following this cancellation, the total number of ordinary shares in circulation stands at approximately two hundred forty seven million with no treasury shares remaining.
Impact on Share Capital
This adjustment means the total voting rights available in the company now equal the revised issued share capital figure. Shareholders can rely on this updated denominator when assessing their interests in accordance with the Disclosure Guidance and Transparency Rules issued by the UK Financial Conduct Authority.
Trade Breakdown
In line with Article five of the Market Abuse Regulation, GB Group published a detailed record of individual transactions carried out by Deutsche Numis. These transactions were spread across the trading day with varying trade sizes. For example, several early morning transactions were completed around two hundred fourteen pence per share, while later trades were executed closer to two hundred twelve pence. Larger block trades were also included, such as a of ten thousand shares at two hundred thirteen pence executed around midday.
The granular disclosure provides full visibility into the activity, listing transaction references, execution times, and trading venues. All transactions were recorded on AIMX, the relevant platform for GB Group plc as part of the London Stock Exchange.
Regulatory Compliance
The company’s announcement highlights adherence to regulatory obligations under the Market Abuse Regulation as incorporated into UK law. Full disclosure of individual trade details ensures transparency, enabling market participants to access consistent and accurate information. Such communication also ensures that shareholders are aware of changes to issued capital and voting rights.
Contact Information
For further enquiries, GB Group plc lists Annabelle Burton as Group Company Secretary and Richard Foster for shareholder communications. Deutsche Numis, serving as nominated adviser and broker, can also be contacted for details on trading activity. Public relations matters are handled by FTI Consulting.
Market Context
As part of the ftse aim 100 companies, GB Group plc remains one of the established technology businesses trading on AIM. The reduction in issued share capital reflects ongoing activity within its programme, first announced in July. These programmes are a common feature among firms listed on AIM, where transparency and accountability to the market are central requirements of ongoing disclosure.