REG - Tribal Group PLC - Director/PDMR Shareholding
RNS Number : 8081XTribal Group PLC23 December 201923 December 2019
Tribal Group plc
("Tribal", the "Company" or the "Group")
Director/PDMR Shareholding
Tribal, a leading provider of software and services to the international education management market, announces that on the 18 December 2019 Richard Last and Roger McDowell have each exercised 1,702,999 ordinary shares of 5 pence each in the Company under the Share Matching Plan ("the Plan").
Following Admission, the Company's enlarged issued share capital will comprise 202,985,782 ordinary shares, with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Richard Last
2.
Reason for the notification
(a)
Position/status
Chairman
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
Tribal Group plc
(b)
LEI
213800Y8XLJFIXDY8J06
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the Financial Instrument
Ordinary shares of £0.05 each
(b)
Identification code of the Financial Instrument
GB0030181522
(c)
Nature of the transaction
Exercise of Options
(d)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
1,702,999
(e)
Aggregated information
- Aggregated volume
- Price
1,702,999
N/A
(f)
Date of the transaction
18 December 2019
(g)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Roger McDowell
2.
Reason for the notification
(a)
Position/status
Non-Executive Director
(b)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer
(a)
Name
Tribal Group plc
(b)
LEI
213800Y8XLJFIXDY8J06
4.
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
(a)
Description of the Financial Instrument
Ordinary shares of £0.05 each
(b)
Identification code of the Financial Instrument
GB0030181522
(c)
Nature of the transaction
Exercise of Options
(d)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil cost
1,702,999
(e)
Aggregated information
- Aggregated volume
- Price
1,702,999
N/A
(f)
Date of the transaction
18 December 2019
(g)
Place of the transaction
Outside a trading venue
Enquiries:
Tribal Group plc
Tel: 0117 311 5293
Mark Pickett, Chief Executive Officer
Paul Simpson, Acting Chief Financial Officer
Investec Bank plc
Tel: 020 7597 5970
Sara Hale
Andrew Pinder
Will Godfrey
Neil Coleman
N+1 Singer Capital Markets Limited
Shaun Dobson
Tulchan Communications LLP
James Macey White
David Ison
Sophie Duckworth
Tel: 020 7496 3000
Tel: 020 7353 4200
About Tribal Group plc
Tribal Group plc is a pioneering world-leader of education software and services. Its portfolio includes Student Information Systems; a broad range of education services covering quality assurance, peer review, benchmarking and improvement; and student surveys that provide the leading global benchmarks for student experience. Working with Higher Education, Further and Tertiary Education, schools, Government and State bodies, training providers and employers, in over 55 countries; Tribal Group's mission is to empower the world of education with products and services that underpin student success
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