Tribal Group PLC Director/PDMR Shareholding (1836S)
07 Luglio 2020 - 8:00AM
UK Regulatory
TIDMTRB
RNS Number : 1836S
Tribal Group PLC
07 July 2020
7(th) July 2020
Tribal Group plc
("Tribal" or the "Company")
PDMR Shareholding
Tribal, a leading provider of software and services to the
international education management market, announces that on the
6(th) July 2020 the Company granted 1,910,000 nil cost options
("Options") over ordinary shares of 5 pence each in the Company
("Ordinary Shares"). The Options, representing approximately 0.9%
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
2010 Long Term Incentive Plan.
The Options will vest in equal parts over two years and may not
be exercised before 30(th) June 2021 and 30(th) June 2022
respectively. The Options will be satisfied by the Tribal Share
Ownership Trust.
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name i. Mike Beech
ii. Peter Croft
iii. Ken Lewis
2. Reason for the notification
(a) Position/status i. Senior Management Position
ii. Senior Management Position
iii. 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 GBP0.05 each
(b) Identification code of the Financial GB0030181522
Instrument
(c) Nature of the transaction Issue of Options
(d) Currency GBP - British Pound
(e) Price(s) and volume(s) Price(s) Volume(s)
i. n/a i. 20,000
ii. n/a ii. 50,000
iii. n/a iii. 50,000
(f) Aggregated information
- Aggregated volume 120,000 shares
- Price n/a
(g) Date of the transaction 6 July 2020
(h) Place of the transaction Outside a trading venue
Enquiries:
Tribal Group plc Tel: 0117 311 5293
Mark Pickett, Chief Executive Officer
Paul Simpson, Acting Chief Financial Officer
Investec Bank plc Tel: 020 7597 5970
Sara Hale
Virginia Bull
Will Godfrey
N+1 Singer Capital Markets Limited Tel: 020 7496 3000
Shaun Dobson
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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