Tribal Grp. Regulatory News (TRB)

29 May 2014

Tribal Group plc

("Tribal" or "the Group")

Statement re Ofsted

Tribal notes the announcement this afternoon by Ofsted regarding changes to its future approach to inspections of schools and colleges.

Tribal confirms that its expectations for 2014, 2015 and 2016 are unchanged by this announcement and it does not alter the Board's outlook for the Group.

Tribal's strategic objective continues to be focussed on providing technology-enabled management and performance improvement solutions to the international education market, in which the Group is achieving increasing success and momentum.

Ends

Editors' note:

Tribal is a leading provider of technology-enabled solutions to the education management market. We build world-leading education management software, and provide performance improvement and quality assurance solutions across universities, colleges and schools, in the UK and internationally.

We work in partnership with a wide range of organisations, including schools, colleges and universities, government agencies and large and small employers.

Tribal has around 1,400 staff and our work spans five continents across the world. More information about Tribal is available online at www.tribalgroup.com. 

This Statement has been prepared for and is addressed only to our shareholders as a whole and should not be relied on by any other party or for any other purpose. Tribal, its directors, employees, agents or advisers do not accept or assume responsibility to any other person to whom this Statement is shown or into whose hands it may come and any such responsibility or liability is expressly disclaimed. This Statement may contain forward-looking statements and the financial information is unaudited. Any forward-looking statement has been made by the directors in good faith based on the information available to them up to the time of approval of this Statement and should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying such forward-looking information. To the extent that this Statement contains any statement dealing with any time after the date of its preparation, such statement is merely predictive and speculative as it relates to events and circumstances which are yet to occur and therefore the facts stated and views expressed may change. Tribal undertakes no obligation to update these forward-looking statements.