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GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation; phone verification, and data maintenance services. The identity segment includes document verification, data verification and identity investigation services. Its identity verification solutions can be configured to carry out a wide range of functions, including know your customer checks, anti-money laundering checks, age verification checks and liveness detection. The fraud segment includes transaction fraud monitoring, combating origination fraud and in-life fraud investigation services. It provides artificial intelligence powered screening for automatic onboarding or referral of customers.


OTCPK:GBGPF - Post by User

Comment by MartialArtson Mar 07, 2018 7:37pm
127 Views
Post# 27679600

RE:RE:RE:The actual final tendering date & time .... at CIBC

RE:RE:RE:The actual final tendering date & time .... at CIBC
Call RBC and ask if your shares are tendered or not.  They should be able to give you a confirmation number.

It would be a big surprised if anyone received $43 since the max is capped at $140M for over 24M shares out, they would have needed to allocated over $1B in cash to guaranty $43 per shares for every shares.

So it will be prorated.  You'll get an equivalent amount of cash and the rest in shares at $12.65 per share.

When you mean "cash them in" you mean sell them on the open maret? That's fine as long as they aren't tendered.
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