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Last checked at 
7 Jun 2019 07:22
7 June 2019
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 the 7 June 2019 the Company granted 2,600,000 options ("Options") over ordinary shares of 5 pence each in the Company ("Ordinary Shares"). The Options, representing approximately 1.3% 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.
All of the Options are exercisable at 71.0p per Ordinary Share. The Options may not be exercised before 7 June 2022.
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
(a) | Name | i. Barbara Staruk ii. Chloe Payne iii. Janet Tomlinson iv. Jon Baldwin v. Ken Lewis vi. Mark Wilson vii. Mike Beech viii. Paul Simpson ix. Peter Croft | |
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 viii. Senior Management Position ix. 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 viii. n/a ix. n/a | i. 300,000 ii. 200,000 iii. 400,000 iv. 300,000 v. 200,000 vi. 400,000 vii. 200,000 viii. 300,000 ix. 300,000 | ||
(e) | Aggregated information - Aggregated volume - Price |
2,600,000 shares n/a | |
(f) | Date of the transaction | 7 June 2019 | |
(g) | Place of the transaction | Outside a trading venue | |
Enquiries:
Tribal Group plc Tel: 0117 313 6371
Richard Last, Executive Chairman
Mark Pickett, Chief Executive Officer
Investec Bank plc Tel: 020 7597 5970
Sara Hale
Andrew Pinder
William Godfrey
Neil Coleman
N+1 Singer Advisory LLP Tel: 0207 496 3000
Shaun Dobson
Tulchan Communications LLP Tel: 0207 353 4200
James Macey White
David Ison
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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