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.

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GB Group Ord Shs > To tender or not to tender

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Comment by longonMJon Feb 21, 2018 5:52pm

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Post# 27597932

RE:RE:RE:To tender or not to tender

GT & JB1: Yes, I also believe this is the default option, BUT ONLY if 66.67% of the CMED shareholders agrees to this takeover by Aurora.

The way that I read the convoluted documents is that it SEEMS TO IMPLY to me at least that if you don't tender your shares, then it means that you are not agreeing to the takeover and you are in essence voting NO for the takeover by Aurora.

Not sure if I am reading this correctly or not, but they seem to want you to tender your shares ASAP and keep asking you to do so in the documents.

GarlicToast wrote: jb1 - Yes, that is the default option and you end up with 3.4 ACB SH.

jubatus1 - (2/21/2018 5:35:10 PM)
RE:To tender or not to tender
Why not wait till the last minute to tender? If I remember correctly doesn't the tender process happen automatically if the decline is passed and you haven't tendered ?