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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 14, 2018 1:32pm
78 Views
Post# 27714515

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mar 9 - Notice of Change now on Sedar
There is a difference between "tender" and "take up".  The tender is a commitment you make to give up your shares.  They are committed to Aurora unless you "untender" them. But beware of tendering and untendering:  My friend and I have seen cases where they get "confused" and the only saving grace here is to have the rep's name, confirmation number, date and shares/account in question.  It's a disgrace how this is being run.

The shares don't belong to Aurora unless they are "locked up" with agreements or once once they have "taken up" the shares which will happen "as soon as possible" after March 25th.

Large shareholders get "locked up". They not only tender them but they sign the lock up agreements. See the example on SEDAR.

Be aware you cannot trade tendered shares unless you untender them and not all brokerages will allow you to untender them or tender newly acquired shares.

It's a giant mess.
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