REG - Tribal Group PLC - Update on acquisition of Semestry Limited
RNS Number : 4312XTribal Group PLC04 May 202104 May 2021
Tribal Group plc
("Tribal" or "the Group")
Update on acquisition of Semestry Limited
Tribal (AIM: TRB), a leading provider of software and services to the international education market, is pleased to announce that it has acquired and paid for the remaining issued share capital of Semestry Limited, a supplier of cloud based scheduling and timetabling software to the higher education market. As detailed in the acquisition announcement of 1 April 2021, 28.75% of the issued shares in Semestry Limited were held by the Estate of Barry Keepence awaiting the certificate of confirmation which has now been granted. Semestry has traded in line with expectations since the acquisition and the integration is progressing to plan.
Tribal Group plc
Tel: +44 (0) 117 311 5293
Mark Pickett, Chief Executive Officer
Paul Simpson, Acting 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, 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDUPDUPUCAAUPGUMC
Recent news on Tribal
See all newsREG - Tribal Group PLC - Block listing Interim Review
AnnouncementREG - Tribal Group PLC - Preliminary Results
AnnouncementREG - Tribal Group PLC - NTU Contract Update
AnnouncementREG - Tribal Group PLC - Trading Update and Notice of Results
AnnouncementREG - BkofA Merrill Lynch Tribal Group PLC - Form 8.5 (EPT/RI)
Announcement