REG - Tribal Group PLC - Director/PDMR Shareholding

TribalAnnouncement

05/06/2024 07:00

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RNS Number : 0911R  Tribal Group PLC  05 June 2024

5 June 2024

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 5(th) June 2024 the Company
will grant 552,291 nil cost options ("Options") over ordinary shares of 5
pence each in the Company ("Ordinary Shares"). The Options, representing
approximately 0.003% of the Company's issued shares, were granted to its
senior management and employees including certain Persons Discharging
Management Responsibility ("PDMR") under the terms of the Company's 2018 Long
Term Incentive Plan.

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 5(th) June 2027.

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

 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.  387,779

 (e)  Aggregated information

      -           Aggregated volume                    1)    Volume 387,779  Price N/A

      -           Price
 (f)  Date of the transaction                          5(th) June 2024
 (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

 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

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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