REG - Tribal Group PLC - Director/PDMR Shareholding

TribalAnnouncement

24/05/2024 13:45

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RNS Number : 8824P  Tribal Group PLC  24 May 2024

24 May 2024

Tribal Group plc

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

 

Director/PDMR Shareholding

Tribal, a leading provider of software services to the international education
market, announces that on 23 May 2024 there was an automatic exercise of
321,429 ordinary shares of 5 pence each in the Company under the Company LTIP
Plan ("the Plan") by Mark Pickett. The options relate to grants made in 2020
and are subject to automatic exercise following the anniversary of the grant
and the achievement of certain predefined performance conditions in 2020, 2021
and 2022.

On 24 May 2024 there was an automatic exercise of 178,667 ordinary shares of 5
pence each in the Company under the  Plan by Chloe Payne.

Following the option exercises, the Company's enlarged issued share capital
will comprise 213,079,175 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
213,079,175. 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)  Names                                            A.    Mark Pickett

                                                       B.     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          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

 (d)  Price(s) and volume(s)                           Price(s)                    Volume(s)
                                                       1.  Nil cost                1.  321,429

                                                       2. Nil cost                 2. 178,667

 (e)  Aggregated information

      -           Aggregated volume                    1)    Volume 321,429  Price N/A

      -           Price                                2)    Volume 178,667 Price N/A

 (f)  Date of the transaction                          1)    23 MAY 2024

                                                       2)    24 MAY 2024
 (g)  Place of the transaction                         1.     Outside a trading venue

                                                       2.     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
 Virginia Bull, Nick Prowting, Alice King

 Singer Capital Markets (Joint Broker)           Tel: +44 (0) 20 7496 3000
 Shaun Dobson, Tom Salvesen, Alex Bond

 Alma Strategic Communications                   Tel: +44 (0)203 405 0205
 Caroline Forde, Hannah Campbell, Emma Thompson

 

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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