13 Jul 2010 10:30

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GB GROUP PLC
("GB Group" or the "Company")
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NOTICE OF MAJOR INTEREST IN SHARES OF GB GROUP PLC
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TR-1: Notifications of Major Interests in Shares
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
……GB Group plc………..
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2. Reason for the notification (please place an X inside the appropriate bracket/s):
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An acquisition or disposal of voting rights: ( X )
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
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An event changing the breakdown of voting rights: ( )
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Other (please specify) : ( )
……………..
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3. Full name of person(s) subject to notification obligation:
………Walker Crips Stockbrokers Limited……..
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4. Full name of shareholder(s) (if different from 3) :
..........Frog Capital Fund 1 LP.................
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5. Date of transaction (and date on which the threshold is crossed or reached if different):
……09/07/2010………..
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6. Date on which issuer notified:
……12/07/2010………..
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7. Threshold(s) that is/are crossed or reached:
…… 7%………..
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8. Notified Details:
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A: Voting rights attached to shares
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Class/type of shares if possible use ISIN CODE | Situation previous to the triggering transaction | |
| Number of shares | Number of voting rights |
 GB0006870611 |  5,942,000 |  5,942,000 |
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| Resulting situation after the triggering transaction | ||||
Class/type of shares if possible use ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
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| Direct | Indirect | Direct | Indirect |
| Â 6,312,000 | Â 6,312,000 | Â 0 | Â 7.38% | Â 0 |
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B: Financial Instruments
Resulting situation after the triggering transaction
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Type of financial instrument | Expiration date | Exercise/conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/ converted) | % of voting rights |
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Total (A+B)
Number of voting rights | % of voting rights |
6,312,000 | Â 7.38% Â |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
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Proxy Voting:
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10. Name of proxy holder:
……………..
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11. Number of voting rights proxy holder will cease to hold:
……………..
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12. Date on which proxy holder will cease to hold voting rights:
……………..
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13. Additional information:
……………..
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14. Contact name:
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John Constantin, Company Secretary
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15. Contact telephone number:
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01244 657 333