TRB.L

Tribal Group Plc
Tribal Group PLC - Director/PDMR Shareholding
5th June 2024, 06:00
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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 5th 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 5th 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

-           Price

 

1)    Volume 387,779  Price N/A

 

(f)

Date of the transaction

5th 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)

Virginia Bull, Nick Prowting, Alice King

Tel: +44 (0) 20 7597 5970

 

 


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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