Tribal Group PLC
11 July 2005
Tribal Group plc
11 July 2005
Tribal Group plc
Application has been made today for the admission of 930,641 new ordinary shares
of 5p each in Tribal Group plc (the 'New Tribal Shares') to the Official List of
the UK Listing Authority and to trading on the London Stock Exchange.
The New Tribal Shares have been issued pursuant to further consideration
arrangements or by way of redemption of loan notes issued in respect of a number
of previous acquisitions of shares. The number of shares relating to each
acquisition is set out below:
Acquisition Number of
shares
Tribal Technology Limited (acquisition of minority equity interests) 402,575
- partial redemption of loan notes issued as consideration on 24 May
2005
Tribal Education Limited (acquisition of minority equity interests) 410,073
- partial redemption of loan notes issued as consideration on 24 May
2005
Derek Hicks and Thew Limited - further consideration pursuant to 117,993
earn-out arrangements in accordance with acquisition agreement
announced on 11 November 2004
Total 930,641
The above acquisitions have all been previously announced at the dates of
completion. Save as set out above, there has been no significant change
affecting any of the matters contained in the earlier announcements and no other
significant matter has arisen in respect of these acquisitions which would
require further announcement.
The New Tribal Shares will rank pari passu in all respects with the existing
ordinary shares and it is expected that trading will commence on 14 July 2005.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.