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4 Jul 2017 16:19
Tribal Group plc
Director/PDMR Shareholding
4 July 2017
Tribal Group plc
("Tribal" or the "Company")
Tribal, a leading provider of software and services to international education markets, announces that on the 3 July 2017 the Company granted 3,535,000 options ("Options") over ordinary shares of 5 pence each in the Company ("Ordinary Shares"). The Options, representing approximately 1.8% of the Company's issued shares, were granted to its senior management including certain Persons Discharging Management Responsibility ("PDMR") under the terms of the Company's 2010 Long Term Incentive Plan.
2,426,874 of the Options are exercisable at 80p per Ordinary Share and 1,108,126 of the Options are exercisable at 80.375p per Ordinary Share. The Options may not be exercised before 2 July 2020.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | i. Barbara Staruk ii. Chris Farnath iii. Janet Tomlinson iv. Jon Baldwin v. Mark Wilson vi. Mike Beech vii. Philip Sanders | |
2. | Reason for the notification | ||
(a) | Position/status | i. Senior Management Position ii. Senior Management Position iii. Senior Management Position iv. Senior Management Position v. Senior Management Position vi. Senior Management Position vii. Senior Management Position | |
(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 | Issue of Options
| |
(d) | Price(s) and volume(s) | Price(s) | Volume(s) |
i. n/a ii. n/a iii. n/a iv. n/a v. n/a vi. n/a vii. n/a | i. 285,000 ii. 285,000 iii. 400,000 iv. 285,000 v. 285,000 vi. 285,000 vii. 285,000 | ||
(e) | Aggregated information - Aggregated volume - Price |
2,110,000 shares n/a
| |
(f) | Date of the transaction | 3 July 2017 | |
(g) | Place of the transaction | London Stock Exchange | |
Enquiries:
Tribal Group plc Tel: 0117 311 5293
Ian Bowles, Chief Executive
Mark Pickett, Chief Financial Officer
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