Tribal Group PLC Director/PDMR Shareholding
05 Giugno 2024 - 8:00AM
RNS Regulatory News
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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END
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