Gb Group Regulatory News (GBG)

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

GB Group PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii: Change to aggregation methodology applicable to the Aegon NV group. This position was previously notified individually by Aegon Asset Management UK plc[, formerly known as Kames Capital Plc,] on 16 July 2020.

X

3. Details of person subject to the notification obligationiv

Name

Aegon N V

City and country of registered office (if applicable)

The Hague, The Netherlands

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

18/03/2021 (for Aegon NV, Aegon Asset Management Holding BV and Aegon Asset Management UK Holdings Limited but not Aegon Asset Management UK plc)

6. Date on which issuer notified (DD/MM/YYYY):

18/03/2021

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuervii

Resulting situation on the date on which threshold was crossed or reached

6.46%

0.02%

6.48%

196,289,938.00

Position of previous notification (if

applicable) as previously individually notified by Aegon Asset Management UK plc

6.97%

0.02%

6.99%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB0006870611

12,686,568.00

6.46%

SUBTOTAL 8. A

12,686,568.00

6.46%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)(Note that holdings held via indices, baskets and ETFs would be displayed here as asset class Equity or PreferredEquity so please update this to the correct name accordingly - and then PLEASE DELETE this comment once resolved)

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

CFD

39461.00

0.02%

SUBTOTAL 8.B.2

39461.00

0.02%

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Aegon NV

6.46

0.02

6.48

Aegon Asset Management Holding BV

6.46

0.02

6.48

Aegon Asset Management UK Holdings Limited

6.46

0.02

6.48

Aegon Asset Management UK plc

6.46

0.02

6.48

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion

The Hague, The Netherlands

Date of completion

18/03/2021