REG - Tribal Group PLC - Director/PDMR Shareholding

TribalAnnouncement

17/08/2022 18:00

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RNS Number : 3888W  Tribal Group PLC  17 August 2022

17 August 2022

Tribal Group plc

("Tribal", the "Company" or the "Group")

 

Director/PDMR Shareholding and Total Voting Rights

Tribal, a leading provider of software and services to the international
education management market, announces that on 17 August 2022 Mark Pickett
exercised 716,552 ordinary shares of 5 pence each in the Company under the
Company LTIP Plan ("the Plan") and sold 330,000 shares to cover tax related
obligations. Following the transactions Mark Pickett has a beneficial interest
in 1,263,727 ordinary shares, including those held by his wife.

Following the option exercise, the Company's enlarged issued share capital
will comprise 211,405,331 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
211,405,331. 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.

 

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

 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                        1.     Exercise of Options

                                                       2.     Disposal of shares

 (d)  Price(s) and volume(s)                           Price(s)                    Volume(s)
                                                       1.  Nil cost                1.  716,552

                                                       2.  £0.80                   2.  330,000

 (e)  Aggregated information

      -           Aggregated volume                    1)    Volume 716,552  Price N/A

      -           Price                                2)    Volume 330,000  Price £0.80

 (f)  Date of the transaction                          17 August 2022
 (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

    Diane McIntyre, Chief Financial Officer
    Investec Bank plc (NOMAD & Joint Broker)                  Tel: +44 (0) 20 7597 5970
    Sara Hale, Virginia Bull, Will Godfrey
    Singer Capital 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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