Contract Wins and Notice of Results

RNS Number : 3686E

Tribal Group PLC

07 July 2021

 

07 July 2021

Tribal Group plc

("Tribal" or "the Group")

Contract Wins and Notice of Results

Tribal (AIM: TRB), a leading provider of software and services to the international education market, is pleased to announce the signing of the first two customers for its newly launched cloud-based Tribal Admissions module , demonstrating further momentum against its cloud strategy and providing confidence in achieving the Group's growth aspirations for 2021 and beyond. The Group also provides notice of its forthcoming interim results.

Contract Wins

Tribal Admissions is the first significant module on the Edge platform, delivering staff and prospective students, the solutions and tools they need to succeed in the ever-evolving world of education. The solution can be integrated with the SITS Student Management System, or any other SMS. 

The Admissions contracts are with Aberystwyth University, an existing Tribal customer using the Dynamics solution, which has been voted The Times & Sunday Times "Welsh University of the Year" (2020), and the University of the Creative Arts, an existing SITS customer, ranked as the UK's top creative specialist university for 2021 by the Guardian.

Following early releases of Tribal Admissions in December 2020 and April 2021, the fully expanded solution will be launched this week at the Group's Empower Higher Education conference.

Trading has continued to be positive, as flagged at the time of the Annual General Meeting in April, and the Group is currently trading in line with the Board's expectations.

Notice of Results

Tribal will announce its results for the six months ended 30 June 2021, on Thursday 12 August 2021. The management team will host a webinar for analysts on the day of Results at 9am. Analysts who wish to register can contact [e-mail].

Mark Pickett, Tribal's CEO, commented:   " I am delighted to announce our first two wins for Tribal Admissions, with our long-standing customers, Aberystwyth University and the University of the Creative Arts. These wins are endorsements of our strategy, to transform the Company and its products through Edge, an eco-system of student centric best of breed, SaaS products which will support educational institutions across the world in delivering successful outcomes for their students."

Tribal Group plc	Tel: [phone]
Mark Pickett, Chief Executive Officer
Diane McIntyre , Chief Financial Officer
Investec Bank plc  (NOMAD & Joint Broker)	Tel: [phone]
Sara Hale, Virginia Bull, Will Godfrey
N+1 Singer Capital Markets Limited  (Joint Broker)	Tel: [phone]
Shaun Dobson, Tom Salvesen, Alex Bond
Alma PR	Tel: [phone]
Caroline Forde, Robyn Fisher, Molly Gretton

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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