30th Jan 2024 08:59
GB Group PLC - Chester, England-based software company specialising in fraud prevention and identity verification - Dev Dhiman formally takes up board position as new chief executive officer, following his "successful" transition period as CEO designate. Dhiman replaces Chris Clark, who has now stepped down as a GB Group director. Previously its managing director for the Asia Pacific region, Dhiman was named as Clark's successor in early November.
GB Group also reports that trading during its third quarter, which ended on December 31, "reflected a continuation of the trends reported in the first half". Company adds: "As a result of progress delivered from our efficiency and simplification initiatives, the board remains confident in meeting its FY24 expectations." Intends to publish a pre-close trading statement for the full year in April.
Current stock price: 285.00 pence, up 1.8% in London on Tuesday morning
12-month change: down 18%
By Emma Curzon, Alliance News reporter
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