£160m Accelerated Book Build Vendor Placing & US$300m Acquisition – GB Group

Peel Hunt acted as NOMAD, joint bookrunner and sole broker on an accelerated book build vendor placing of 39,024,390 new ordinary shares in GB Group plc (representing 25.5 % of the Company’s existing issued share capital) at a price of 410 pence per share raising gross proceeds of £160 million (to part finance the US$300m acquisition of IDology, Inc,) as announced on 11th February, 2019.