REG - Tribal Group PLC - Director/PDMR Shareholding

TribalAnnouncement

14/06/2024 14:00

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RNS Number : 5546S  Tribal Group PLC  14 June 2024

14 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 13(th) June 2024 the Company
granted 1,766,193 nil cost options ("Options") over ordinary shares of 5 pence
each in the Company ("Ordinary Shares"). The Options, representing
approximately 0.1% of the Company's issued shares, were granted to Mark
Pickett (Chief Executive Officer) and Diane McIntyre (Chief Financial
Officer), 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 two and three years. The
options will vest in equal parts over two and three years and may not be
exercised before 13(th) June 2026 and 13(th) June 2027, respectively.

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

                                                       2)    Diane McIntyre

 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.     665,403 - 2 years; 443,602 - 3 years

                                                       2.     Nil cost             2.     394,313 - 2 years; 262,875 - 3 years

 (e)  Aggregated information

      -           Aggregated volume                    1)    Volume 1,109,005  Price N/A

      -           Price                                2)    Volume 657,188     Price N/A

 (f)  Date of the transaction                          13(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 Limited (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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