(Sharecast News) - The chairman of GB Group picked up £99,598.25-worth of shares in the identity verification, location intelligence and fraud prevention company.

Richard Longdon had bought the 29,876 shares of the company the day before at 333.37p apiece, the company said in a statement.

During the same session, the outfit had warned that challenging conditions had continued into the second half of the year.

Longdon was left holding 0.012% of the GB Group's equity in what was his first purchase of the company's stock.

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