Tribal Group plc
Additional Listing
Further to the announcement on 24 November 2009 of the acquisition of all of the minority interests in Avail Consulting Limited ("Avail") by Tribal Group plc ("Tribal"), part of the consideration will be satisfied by the issue of 342,360 Tribal shares ("New Tribal Shares"), which are required to be held for a minimum period of twelve months.
Application has been made for the admission of the New Tribal Shares to trading on the Main Market of The London Stock Exchange ("Main Market"). It is expected that the New Tribal Shares will commence trading on the Main Market on 8 December 2009. The New Tribal Shares will rank pari passu in all respects with the existing ordinary shares of 5p each in Tribal.
PDMR shareholding:
Robert Garner, who is a person discharging managerial responsibility at Tribal, will receive
110,104 New Tribal Shares.
End
For further information, please contact:
Tribal Group plc Telephone: 020 7323 7100
Peter Martin, Chief Executive
Simon Lawton, Group Finance Director
Editors' note:
Tribal provides professional services focused on improving the delivery of public services in the UK and internationally. Our core markets are in education, health, central government, local government and housing. Tribal employs over 2,300 staff and its shares are quoted on the London Stock Exchange (TRB).
Links: Tribal Group plc website: www.tribalgroup.co.uk