GB GROUP PLC — Board/Management Information 2023

Nov 8, 2023

National Storage Mechanism | Additional information

RNS Number : 7013S

GB Group PLC

08 November 2023

~Embargoed until 7.00 a.m.	Wednesday, 8 November 2023

Retirement of Chief Executive / Appointment of CEO designate

GB Group plc, (AIM: GBG) the experts in digital location, identity verification and identity fraud software,  announces that Chris Clark, the Company's Chief Executive Officer, has informed the Board of his intention to retire as CEO and will step down from the Board with effect from 30 January 2024, and will be available to the Company until 30 July 2024.

Following the conclusion of a rigorous selection process by the Nomination Committee, the Company is pleased to announce that Dev Dhiman has been promoted to Chief Executive Designate. Dev will assume the role of Chief Executive Officer and will join the Board on 30 January 2024.  In the meantime, he will work closely with Chris to ensure an orderly handover.

Dev joined GBG in November 2020 as Managing Director, Asia Pacific. During the past three years our APAC business has consistently delivered year-on-year revenue growth and Dev has demonstrated excellent leadership qualities aligned with GBG's people-focused culture. Previously, he spent 12 years at Experian, where he held a variety of senior positions, he has considerable knowledge and experience of the sector and the markets in which we operate.

Richard Longdon, Chair of GBG, said: "On behalf of the Board, I would like to give our thanks to Chris for his significant contribution over the last 7 years, his passion and dedication will be missed by everyone at GBG and we wish him the very best in his retirement. I am delighted to be able to announce Dev's appointment as CEO designate.  During our selection process it was clear that Dev's deep understanding of GBG, its markets and potential, make him the ideal leader to replace Chris. We are confident that he will work together, with the excellent Executive Team, to lead GBG through the next phase of its evolution."

For further information, please contact:

GBG Richard Foster, Investor Relations Annabelle Burton, Company Secretary	+44 (0) 7816 124164 +44 (0) 7976 660181
Numis (Nominated Adviser and Corporate Broker) Simon Willis & Joshua Hughes	+44 (0) 0207 260 1000
Barclays (Corporate Broker) Rob Mayhew & Stuart Jempson	+44 (0) 207 623 2323
Teneo (Financial PR) James Macey White & Matt Low	+44 (0) 207 260 2700 GBG@teneo.com
Website	www.gbgplc.com/investors

About GBG

GBG is the leading expert in global digital identity. We combine our powerful technology, the most accurate data coverage and our talented team to deliver award-winning location intelligence, identity verification and fraud prevention solutions.

With over 30 years' experience, we bring together a team of over 1,250 dedicated experts with local industry insight from around the world to make it easy for businesses to identify and verify customers and locations, protecting everyone, everywhere from fraud.       

To find out more about how we help our customers establish trust with their customers visit www.gbgplc.com and follow us on LinkedIn and Twitter @gbgplc.

Regulatory

In accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies, Dev Datt Dhiman (aged 39) holds or has held in the past 5 years the following directorships and partnerships:

Current Directorships

Position	Organisation
Director	GBG (Singapore) Pte. Ltd
Director	GBG (Australia) Pty Ltd
Director	GBG ANZ Pty Ltd
Director	Mastersoft Group Pty Ltd
Director	Verifi Identity Services Limited
Director	Verifi Identity Services Limited
Director	PT Fraud Solutions Indonesia
Director	Beijing GBG Information Technology Co Ltd
Director	GBG (Malaysia) Sdn. Bhd
Director	GBG (Thai) Co., Ltd

Past Directorships (within past five years):

Position	Organisation
Director	Experian Singapore Pte. Ltd.
Director	Experian Asia-Pacific Holdings Pte. Ltd.
Director	Experian Credit Services Singapore Pte. Ltd.
Director	Experian Credit Bureau Singapore Pte. Ltd.
Director	DP Management Pte. Ltd.
Director	Enroc Pte. Ltd.
Director	Experian (Thailand) Company Limited
Director	PT. Experian Decision Analytics Indonesia
Director	Experian Information Services (Malaysia) Sdn. Bhd

Save as disclosed above, Dev Datt Dhiman has confirmed that there is no further information required to be disclosed pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.

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