REG - Tribal Group PLC - Director/PDMR Shareholding

TribalAnnouncement

27/05/2022 12:15

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RNS Number : 1080N  Tribal Group PLC  27 May 2022

27 May 2022

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 25 May 2022, under the terms of
its 2018 Long Term Incentive Plan, the Company granted nil-cost options over:

·      70,588 ordinary shares of 5 pence each in the Company ("Ordinary
Shares") to Tawfiq Sleett, Customer Services Director;

·      70,588 Ordinary Shares to Paul Davies, Global Professional
Services Director; and

·      152,941 Ordinary Shares to Matt Davis, Managing Director
Education Services.

The options represent 0.14% of the Company's issued shares.

The awards have been granted subject to performance conditions based on the
Group's Key Performance Indicators (KPIs) over three years. The options will
ordinarily vest in equal parts over three years and may not be exercised
before 26th May 2025.

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             1)    Tawfiq Sleett

                                                       2)    Paul Davies

                                                       3)    Matt Davis
 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          Options over Ordinary Shares of £0.05 each
 (b)  Identification code of the Financial Instrument  GB0030181522
 (c)  Nature of the transaction                        Grant of options over Ordinary Shares

 (d)  Price(s) and volume(s)                           Price(s)                    Volume(s)
                                                       1.  Nil cost                1.  70,588

                                                       2.  Nil cost                2.  70,588

                                                       3.  Nil cost                3.  152,941

 (e)  Aggregated information

      -           Aggregated volume                    1)    Volume 70,588  Price N/A

      -           Price                                2)    Volume 70,588  Price N/A

                                                       3)    Volume 152,941  Price N/A

 (f)  Date of the transaction                          25 MAY 2022
 (g)  Place of the transaction                         Outside a trading venue

 

 

 Enquiries:

 Tribal Group plc                                      Tel: +44 (0) 117 311 5293
 Mark Pickett, Chief Executive Officer

 Diane McIntyre, Chief Financial Officer

 Investec Bank plc (NOMAD & Joint Broker)            Tel: +44 (0) 20 7597 5970
 Sara Hale, Virginia Bull, Will Godfrey

 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, Hannah Campbell

 

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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