Director/PDMR Shareholding

RNS Number : 5034V

Tribal Group PLC

14 April 2021

 

14 April 2021

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 the 13 April 2021 2,545,000 ordinary shares of 5 pence each in the Company were exercised under the Company LTIP Plan ("the Plan").

Following Admission, the Company's enlarged issued share capital will comprise 208,697,288 ordinary shares of 5p each, with one voting right per share. The Company does not hold any shares in treasury and therefore the total number of Ordinary Shares with voting rights in the Company is 208,697,288. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Disclosure and Transparency Rules of the UK Financial Conduct Authority.

75,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2016 LTIP Plan as follows:

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Mike Beech
2.	Reason for the notification
(a)	Position/status	PMDR
(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	Ordinary shares of £0.05 each
(b)	Identification code of the Financial Instrument	GB0030181522
(c)	Nature of the transaction	1. Exercise of Options 2. Disposal of shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1.  Nil cost 2.  101.75p	1.  75,000 2.  75,000
(e)	Aggregated information -  Aggregated volume -   Price	1.  Volume 75,000   Price N/A 2.  Volume 75,000  Price 101.75p
(f)	Date of the transaction	13 April 2021
(g)	Place of the transaction	1.Outside a trading venue 2. London Stock Exchange

1,045,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2017 LTIP Plan  as follows:

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	1.  Mike Beech 2.  Janet Tomlinson 3.  Mark Wilson 4.  Ken Lewis 5.  Chloe Payne
2.	Reason for the notification
(a)	Position/status	PMDR
(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	Ordinary shares of £0.05 each
(b)	Identification code of the Financial Instrument	GB0030181522
(c)	Nature of the transaction	A. Exercise of Options B. Disposal of shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1A  80.375p 1A  80p 2A  80.375p 2A  80p 3A  80.375p 3A  80p 4A  80p 5A  80.375p 1B  101.75p 2B  101.75p 3B  101.75p 4B  101.75p 5B  101.75p	1A  37,325 1A  247,675 2A  37,325 2A  362,675 3A  37,325 3A  247,675 4A  50,000 5A  25,000 1B  285,000 2B  400,000 3B  285,000 4B  50,000 5B  25,000
(e)	Aggregated information -  Aggregated volume -   Price	Volume exercised 136,975  Price 80.375p Volume exercised 908,025  Price 80p Volume sold 1,045,000  Price 101.75p
(f)	Date of the transaction	13 April 2021
(g)	Place of the transaction	1.Outside a trading venue 2. London Stock Exchange

1,350,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2018 LTIP Plan  as follows:

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	1.  Mike Beech 2.  Janet Tomlinson 3.  Peter Coft 4.  Ken Lewis 5.  Chloe Payne
2.	Reason for the notification
(a)	Position/status	PMDR
(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	Ordinary shares of £0.05 each
(b)	Identification code of the Financial Instrument	GB0030181522
(c)	Nature of the transaction	A. Exercise of Options B. Disposal of shares
(d)	Price(s) and volume(s)	Price(s)	Volume(s)
		1A  79.6p 2A  79.6p 3A  79.6p 4A  79.6p 5A  79.6p 1B  101.75p 2B  101.75p 3B  101.75p 4B  101.75p 5B  101.75p	1A  300,000 2A   400,000 3A  300,000 4A  50,000 5A  300,000 1B  300,000 2B  400,000 3B  300,000 4B  50,000 5B  300,000
(e)	Aggregated information -  Aggregated volume -   Price	1. Volume exercised 1,350,000  Price 79.6p 2. Volume sold 1,350,000  Price 101.75p
(f)	Date of the transaction	13 April 2021
(g)	Place of the transaction	1.Outside a trading venue 2. London Stock Exchange

 Enquiries:

Tribal Group plc		Tel: [phone]
Mark Pickett, Chief Executive Officer Paul Simpson, Acting Chief Financial Officer Ken Lewis, Company Secretary
Investec Bank plc (NOMAD & Joint Broker) Sara Hale, Virginia Bull, Will Godfrey	Tel: [phone]
N+1 Singer Capital Markets Limited   (Joint Broker)	Tel: [phone]
Shaun Dobson, Tom Salvesen, Alex Bond
Alma PR	Tel: [phone]
Caroline Forde, Robyn Fisher, Josh Royston, 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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