Director/PDMR Shareholding

RNS Number : 4829K

Tribal Group PLC

30 December 2015

 

Tribal Group plc

("Tribal" or the "Company")

Director/PDMR Shareholding

On 30 June 2011 the Company announced that it had entered into a share dealing plan with its then Chairman, John Ormerod, pursuant to which Mr Ormerod has agreed to use his net fee in every third month to make market purchases of ordinary shares in the Company ("Ordinary Shares"). Mr Ormerod has agreed to hold any shares purchased under this arrangement for as long as he remains a director of the Company. The agreement may be terminated (as long as the Company is not in a prohibited period) by Mr Ormerod on 30 days' notice at any time after 30 April 2012.

As such, the Company was notified on 30 December 2015 that Pamela Ormerod, the wife of Mr Ormerod, purchased 7,583 ordinary shares on 30 December 2015 at a price of 24.25p per ordinary share. Following this purchase, the number of ordinary shares in which Mr Ormerod and his connected persons are beneficially interested is 277,921, or 0.29% of the Company's total issued share capital.

On 25 March 2015 the Company entered into a share dealing plan with Robin Crewe, a Non-Executive Director of the Company, pursuant to which Mr Crewe has agreed to use his net fee in every third month to make market purchases of Ordinary Shares. Mr Crewe has agreed to hold any shares purchased under this arrangement for as long as he remains a director of the Company. The agreement may be terminated (as long as the Company is not in a prohibited period) by Mr Crewe on 30 days' notice at any time after 31 March 2016.

As such, the Company was also notified on 30 December 2015 that Mr Crewe's wife Zita Crewe purchased 6,255 shares on 30 December 2015 at a price of 24.25p per ordinary share. Following this purchase, the number of ordinary shares in which Mr Crewe and his connected persons are beneficially interested is 35,353, or 0.04% of the Company's total issued share capital.

As at 30 December 2015, the Company's issued share capital is 94,849,241.

Enquiries:

Tribal Group plc                                                         Tel: [phone]

Stephen Breach, Group Finance Director

Rob Ewin, Company Secretary

 

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