Brief: Tribal Group PLC Settles With NTU For £3.1M
May 24 (Reuters) - Tribal Group PLC TRBG.L :
* TRIBAL GROUP PLC - NTU SETTLEMENT AGREEMENT
* TRIBAL GROUP PLC: AGREED TO PAY TO NTU SUM OF £3.1M (SGD
5.3M)
IN FULL AND FINAL SETTLEMENT, TO BE PAID OUT OF CO'S CASH FLOW
OVER NEXT 18 MONTHS
* TRIBAL GROUP: CO, NANYANG TECHNOLOGICAL UNIVERSITY REACHED
SETTLEMENT DEAL RESOLVING ALL OUTSTANDING ISSUES OF CONTRACT
TERMINATED ON 17 MARCH 2023
Source text for Eikon: ID:nRSX7468Pa
Further company coverage: TRBG.L
((Reuters.Briefs@thomsonreuters.com;))