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 > Mar 9 - Notice of Change now on Sedar

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Comment by Sbeavenxon Mar 09, 2018 11:30pm

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Post# 27695902

RE:RE:RE:RE:RE:RE:RE:RE:Mar 9 - Notice of Change now on Sedar

I am referring to a full $43 per share if seleted "all" cash..

The argument to this is that there is an excess of $4M (98 vs 102). The excess 4M would have been allocated to all shareholders that requested beyond the $5.70 if required, but since it was not, then all selections must be have been fully funded with the 98M. So if you selected cash, or partial cash, then you should receive the full amount requested.

Hope this makes sense.

longonMJ wrote:
Oh, I am in total agreement with you that it's definitely mathematically possible for each share to receive $5.70 if that is what you meant by full cash per share.

From your previous posts, I thought you was referring to the entire $43 per share as being "full cash". From my point of view, I see your now started $5.70 full cash paid out portion to be what I would call a proration of my full cash paid out portion of $43 per share.

I guess it's really nothing more than different definitions by the two of us as to what the term "full cash per share" really means. For you, it's $5.70 per share while for me, it's $43 per share.