Fact check: Who are the major shareholders of GB Bank?

1. Summary of the results

Based on the available analyses, GB Bank's major shareholders are clearly identified as:

• Hera Holdings Ltd - The majority shareholder that provided an initial investment of £40 million ^{[1] [2] [3]}
• Teesside Pension Fund - An existing shareholder that invested an additional £5 million in a recent funding round ^{[1] [2] [3]}

The sources consistently identify these two entities as the primary investors providing growth capital to fuel GB Bank's expansion ^[1]. Notably, one source mentions that GB Bank recently completed an £85 million funding round ^{[2] [3]}, indicating significant financial backing from these shareholders.

2. Missing context/alternative viewpoints

The analyses reveal several gaps in the available information:

• Incomplete shareholder disclosure: While Hera Holdings Ltd and Teesside Pension Fund are identified, the sources acknowledge they do not provide a "comprehensive list" or "complete list" of major shareholders ^{[1] [2]}. This suggests there may be additional significant investors not mentioned.
• Confusion with similar entities: One source initially provided information about GB Group plc's shareholders (including AXA Investment Managers UK Ltd., Aegon Asset Management UK PLC, and Janus Henderson Investors UK Ltd.) rather than GB Bank, highlighting potential confusion between different financial entities with similar names ^[4].
• Limited ownership percentage details: The sources mention investment amounts but do not specify exact ownership percentages or voting rights distribution among shareholders.

3. Potential misinformation/bias in the original statement

The original question itself does not contain misinformation, as it simply asks for factual information about GB Bank's shareholders. However, there are potential areas of concern:

• Entity confusion risk: The similarity between "GB Bank" and "GB Group plc" could lead to misinformation if sources are conflated, as evidenced by one analysis initially providing information about the wrong entity ^[4].
• Incomplete transparency: The acknowledgment that available sources don't provide a "comprehensive list" of major shareholders ^{[1] [2]} suggests potential limitations in public disclosure, which could benefit existing shareholders by maintaining privacy around the full ownership structure.
• Timing sensitivity: The sources reference recent funding rounds and investments, but without specific publication dates, the currency of this shareholder information cannot be fully verified.