Chester-based GB Group (GBG), the global identity technology business, confirmed that its ordinary shares will be admitted to the Equity Shares (Commercial Companies) Category of the Official List of the Financial Conduct Authority (FCA) and to trading on the main market of London Stock Exchange from 8am today (October 30).
At the same time they will be cancelled from trading on AIM, a market operated by the LSE.
The company is not offering any new ordinary shares nor any other securities in connection with the proposed admission.
Following admission, the company’s ordinary shares will continue to be registered with their existing ISIN of GB0006870611 and the TIDM will remain GBG.
The company’s issued ordinary share capital will be 243,235,721 ordinary shares.
There are no ordinary shares held in Treasury.
Dev Dhiman, GBG CEO, said: “Today marks an exciting milestone in GBG’s journey with our admission to the Main Market.
“During our journey so far in the public markets, GBG has evolved into a leader in digital identity technology, delivering consistent growth, innovation, and value to our stakeholders.
“As a global business focused on profitable growth with strong cash generation, this move will provide us with the platform to support our long term strategic goals, opens up deeper pools of international capital, and enhances our visibility and credibility with all stakeholders.”
He added: “The digital world needs to work for everyone, no matter who they are, where they live or what their background.
“Our global team is fuelled by a united purpose to enable safe and rewarding digital lives for genuine people everywhere, and we are well positioned to seize the opportunities this next chapter will bring and match our ambition for continued growth and innovation.”
Earlier this month GBG issued a half year trading update for the six months to September 30, 2025, in which it said its first half financial results are in line with the board’s expectations and the group’s focus on improved execution to deliver growth acceleration is on track.
The group expects to report first half revenue of £135.5m, representing 1.8% growth on a constant currency basis.
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Renold
Manchester chain maker Renold has confirmed it is cancelling its stock market listing on AIM as of today.
The supplier of industrial chains and related power transmission products agreed a £186.7m deal for US-based Morgenthaler Private Equity to acquire the company.
Renold will now sit alongside Webster Industries, a portfolio company within the US-based leader in the design, manufacture, and distribution of engineered conveying, feeding, separation, screening, and steel levelling solutions sectors.