Director/PDMR Shareholding

Tribal Group PLC

16 October 2023

 

16 October 2023

Tribal Group plc

("Tribal", the "Company" or the "Group")

Director/PDMR Shareholding

Tribal, a leading provider of software and services to the international education management market, announces that on 16 October 2023, under the terms of its 2018 Long Term Incentive Plan, the Company granted nil-cost options over 603,508 ordinary shares of 5 pence each in the Company ("ordinary shares") to its Executive team as noted below. The options represent 0.28% of the Company's issued shares.

The awards have been granted subject to performance conditions based on the Group's Key Performance Indicators (KPIs). The Options will ordinarily vest in three years and be exercised after 16 October 2026.

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	1)    Mark Pickett 2)    Diane McIntyre 3)    Mike Cope 4)    Chloe Payne 5)    Paul Davies 6)    Tawfiq Sleett 7)   Cheryl Watson
2.	Reason for the notification
(a)	Position/status	PDMR
(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 £0.05 each
(b)	Identification code of the Financial Instrument	GB0030181522
(c)	Nature of the transaction	Grant of options over Ordinary shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1. Nil cost 2. Nil cost 3. Nil cost 4. Nil cost 5. Nil cost 6. Nil cost 7. Nil cost	1.  240,308 2.  178,006 3. 45,186 4. 88,660 5. 17,116 6. 17,116 7. 17,116
(e)	Aggregated information -           Aggregated volume -           Price	1)    Volume 240,308   Price N/A 2)    Volume 178,006   Price N/A 3)    Volume 45,186     Price N/A 4)    Volume 88,660     Price N/A 5)    Volume 17,116     Price N/A 6)    Volume 17,116     Price N/A 7)    Volume 17,116     Price N/A
(f)	Date of the transaction	16 October 2023
(g)	Place of the transaction	Outside a trading venue

 Enquiries:

Tribal Group plc	Tel: [phone]
Mark Pickett, Chief Executive Officer  Diane McIntyre, Chief Financial Officer & Company Secretary
Investec Bank plc (NOMAD & Joint Broker)	Tel: [phone]
Virginia Bull, Nick Prowting
Singer Capital Markets Limited (Joint Broker)	Tel: [phone]
Shaun Dobson, Alex Bond
Alma PR	Tel: [phone]
Caroline Forde, Hannah Campbell

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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