REG - Tribal Group PLC - Director/PDMR Shareholding
RNS Number : 5034VTribal Group PLC14 April 202114 April 2021
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 13 April 2021 2,545,000 ordinary shares of 5 pence each in the Company were exercised under the Company LTIP Plan ("the Plan").
Following Admission, the Company's enlarged issued share capital will comprise 208,697,288 ordinary shares of 5p each, with one voting right per share. The Company does not hold any shares in treasury and therefore the total number of Ordinary Shares with voting rights in the Company is 208,697,288. 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 Disclosure and Transparency Rules of the UK Financial Conduct Authority.
75,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2016 LTIP Plan as follows:
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Mike Beech
2.
Reason for the notification
(a)
Position/status
PMDR
(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
1. Exercise of Options
2. Disposal of shares
(d)
Price(s) and volume(s)
Price(s)
Volume(s)
1. Nil cost
2. 101.75p
1. 75,000
2. 75,000
(e)
Aggregated information
- Aggregated volume
- Price
1. Volume 75,000 Price N/A
2. Volume 75,000 Price 101.75p
(f)
Date of the transaction
13 April 2021
(g)
Place of the transaction
1.Outside a trading venue
2. London Stock Exchange
1,045,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2017 LTIP Plan as follows:
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
1. Mike Beech
2. Janet Tomlinson
3. Mark Wilson
4. Ken Lewis
5. Chloe Payne
2.
Reason for the notification
(a)
Position/status
PMDR
(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
A. Exercise of Options
B. Disposal of shares
(d)
Price(s) and volume(s)
Price(s)
Volume(s)
1A 80.375p
1A 80p
2A 80.375p
2A 80p
3A 80.375p
3A 80p
4A 80p
5A 80.375p
1B 101.75p
2B 101.75p
3B 101.75p
4B 101.75p
5B 101.75p
1A 37,325
1A 247,675
2A 37,325
2A 362,675
3A 37,325
3A 247,675
4A 50,000
5A 25,000
1B 285,000
2B 400,000
3B 285,000
4B 50,000
5B 25,000
(e)
Aggregated information
- Aggregated volume
- Price
Volume exercised 136,975 Price 80.375p
Volume exercised 908,025 Price 80p
Volume sold 1,045,000 Price 101.75p
(f)
Date of the transaction
13 April 2021
(g)
Place of the transaction
1.Outside a trading venue
2. London Stock Exchange
1,350,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2018 LTIP Plan as follows:
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
1. Mike Beech
2. Janet Tomlinson
3. Peter Coft
4. Ken Lewis
5. Chloe Payne
2.
Reason for the notification
(a)
Position/status
PMDR
(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
A. Exercise of Options
B. Disposal of shares
(d)
Price(s) and volume(s)
Price(s)
Volume(s)
1A 79.6p
2A 79.6p
3A 79.6p
4A 79.6p
5A 79.6p
1B 101.75p
2B 101.75p
3B 101.75p
4B 101.75p
5B 101.75p
1A 300,000
2A 400,000
3A 300,000
4A 50,000
5A 300,000
1B 300,000
2B 400,000
3B 300,000
4B 50,000
5B 300,000
(e)
Aggregated information
- Aggregated volume
- Price
1. Volume exercised 1,350,000 Price 79.6p
2. Volume sold 1,350,000 Price 101.75p
(f)
Date of the transaction
13 April 2021
(g)
Place of the transaction
1.Outside a trading venue
2. London Stock Exchange
Enquiries:
Tribal Group plc
Tel: +44 (0) 117 311 5293
Mark Pickett, Chief Executive Officer
Paul Simpson, Acting Chief Financial Officer
Ken Lewis, Company Secretary
Investec Bank plc (NOMAD & Joint Broker)
Sara Hale, Virginia Bull, Will Godfrey
Tel: +44 (0) 20 7597 5970
N+1 Singer Capital Markets Limited (Joint Broker)
Tel: +44 (0) 20 7496 3000
Shaun Dobson, Tom Salvesen, Alex Bond
Alma PR
Tel: +44 (0)203 405 0205
Caroline Forde, Robyn Fisher, Josh Royston, Molly Gretton
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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