Last checked at 24 Apr 2018 15:32
24 April 2018
Tribal Group plc
("Tribal", the "Company" or the "Group")
Result of AGM
Tribal is pleased to announce that, at its Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed. The votes are as follows:
In Favour | Against | Withheld | ||||||
Resolution | Votes | %age | Votes | %age | Votes | |||
1 - receive and adopt the audited financial statements for year ended 31/12/17. | 147,256,443 | 96.87 | 4,757,774 | 3.13 | 14,205 | |||
2 - declare a dividend of 1p per ordinary share for year ending 31/12/17. | 151,601,656 | 99.72 | 426,766 | 0.28 | 0 | |||
3 - re-appoint PricewaterhouseCoopers LLP as auditors of the company. | 151,601,456 | 99.72 | 426,766 | 0.28 | 200 | |||
4 - authorise the directors to determine the remuneration of the auditors. | 151,601,456 | 99.72 | 426,766 | 0.28 | 200 | |||
5 - approve the re-election of Richard Last as director. | 147,251,718 | 96.86 | 4,776,704 | 3.14 | 0 | |||
6 - approve the re-election of Roger McDowell as director. | 147,251,718 | 96.86 | 4,776,704 | 3.14 | 0 | |||
7 - re-election of Ian Bowles as director. | 151,595,822 | 99.72 | 432,600 | 0.28 | 0 | |||
8 - approve the re-election of Mark Pickett as director. | 151,595,622 | 99.72 | 432,800 | 0.28 | 0 | |||
9 - Grant the directors authority to allot shares. | 104,321,800 | 68.65 | 47,636,622 | 31.35 | 70,000 | |||
Notwithstanding that resolution 9 was passed by the requisite majority, the Board notes that a small number of significant shareholders voted against the resolution. The Board will be contacting these shareholders to discuss their votes against this resolution and against resolutions 10, 11 & 12 which were withdrawn 23rd April 2018.
- Ends -
For further information please contact:
Tribal Group plc Tel: 0117 311 5293
Ian Bowles, Chief Executive
Mark Pickett, Chief Financial Officer
Email: hello@tribalgroup.com
Web: www.tribalgroup.com
Investec Bank plc Tel: 020 7597 5970
Sara Hale
Andrew Pinder
William Godfrey
N+1 Singer Advisory LLP Tel: 0207 496 3000
Shaun Dobson
Alex Price
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.