Tribal Group PLC Tribal Group announces new senior appointment (7731M)
18 Settembre 2019 - 9:01AM
UK Regulatory
TIDMTRB
RNS Number : 7731M
Tribal Group PLC
18 September 2019
18(th) September 2019
Tribal Group plc
("Tribal" or "the Group")
Tribal Group announces new senior appointment
MIKE COPE JOINS FROM UNIVERSITY COLLEGE LONDON AS CHIEF
TECHNOLOGY OFFICER
Tribal (AIM: TRB), a leading provider of software and services
to the international education market, is pleased to announce the
appointment of Mike Cope as Chief Technology Officer, with effect
from 16(th) September 2019.
Mike, formerly Chief Information Officer at University College
London (UCL), already has nine years' experience working with
Tribal's software and services at the University. During his time
at UCL, Mike was instrumental in delivering a major change
programme to support the strategy. He developed a digital
masterplan which transformed the IT organisation. He is also an
experienced Board level leader, with success in leading operational
businesses during periods of growth.
Prior to this, Mike has been Chief Information Officer at Virgin
Airways and Chief Technology Officer at British Airways. In both
these roles, Mike undertook significant strategic change programmes
within the IT category, creating an improved customer product
rating while reducing IT operation costs and the number of IT
incidents and problems.
Mike, who also joins the Executive Board, will be responsible
for delivering the new Tribal Edge cloud technology to customers in
addition to helping develop Tribal information technology
further.
Mike was granted 300,000 options ("Options") over ordinary
shares of 5 pence each in the Company ("Ordinary Shares") on 16(th)
September 2019. The Options, representing approximately 0.002% of
the Company's issued shares, were granted under the terms of the
Company's 2010 Long Term Incentive Plan. All of the Options are
exercisable at 61.5p per Ordinary Share and may not be exercised
before 16(th) September 2022.
Mark Pickett, Chief Executive Officer of Tribal, commented:
"I am delighted that Mike is joining us at Tribal Group. Mike's
knowledge of working with our digital software will be particularly
relevant in understanding what customers need from our software and
services. He brings with him a wealth of experience which will be
invaluable as we drive adoption of the Tribal Edge modules."
Mike Cope commented:
"I am excited to be joining Tribal Group. It has a great
customer offer and an established unique market position and client
base. I look forward to working with Tribal to develop the Group's
technology as it continues to grow."
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Mike Cope
2. Reason for the notification
(a) Position/status 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) Price(s) and volume(s) Price(s) Volume(s)
n/a 300,000
(e) Aggregated information
- Aggregated volume 300,000 shares
- Price n/a
(f) Date of the transaction 16 September 2019
(g) Place of the transaction Outside a trading venue
END
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
Andrew Pinder
Will Godfrey
Neil Coleman
N+1 Singer Capital Markets Limited Tel: 020 7496 3000
Shaun Dobson Tel: 020 7353 4200
Tulchan Communications LLP
James Macey White
David Ison
Sophie Duckworth
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 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. 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.
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END
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