REG - Tribal Group PLC - Director/PDMR Shareholding

TribalAnnouncement

16/10/2023 16:15

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RNS Number : 2778Q  Tribal Group PLC  16 October 2023

16 October 2023

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 16 October 2023, under the
terms of its 2018 Long Term Incentive Plan, the Company granted nil-cost
options over 603,508 ordinary shares of 5 pence each in the Company ("ordinary
shares") to its Executive team as noted below. The options represent 0.28% of
the Company's issued shares.

 

The awards have been granted subject to performance conditions based on the
Group's Key Performance Indicators (KPIs). The Options will ordinarily vest in
three years and be exercised after 16 October 2026.

 

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

                                                       2)    Diane McIntyre

                                                       3)    Mike Cope

                                                       4)    Chloe Payne

                                                       5)    Paul Davies

                                                       6)    Tawfiq Sleett

                                                       7)   Cheryl Watson
 2.   Reason for the notification
 (a)  Position/status                                  PDMR
 (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.  240,308

                                                       2. Nil cost                 2.  178,006

                                                       3. Nil cost                 3. 45,186

                                                       4. Nil cost                 4. 88,660

                                                       5. Nil cost                 5. 17,116

                                                       6. Nil cost                 6. 17,116

                                                       7. Nil cost                 7. 17,116

 (e)  Aggregated information

      -           Aggregated volume                    1)    Volume 240,308   Price N/A

      -           Price                                2)    Volume 178,006   Price N/A

                                                       3)    Volume 45,186     Price N/A

                                                       4)    Volume 88,660     Price N/A

                                                       5)    Volume 17,116     Price N/A

                                                       6)    Volume 17,116     Price N/A

                                                       7)    Volume 17,116     Price N/A

 (f)  Date of the transaction                          16 October 2023
 (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 & Company Secretary
                                                                     
 Investec Bank plc (NOMAD & Joint Broker)                           Tel: +44 (0) 20 7597 5970
 Virginia Bull, Nick Prowting                                        
                                                                     
 Singer Capital Markets Limited (Joint Broker)                      Tel: +44 (0) 20 7496 3000 
 Shaun Dobson, 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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