Result of AGM

RNS Number : 9819L

Tribal Group PLC

24 April 2018

 

24 April 2018

Tribal Group plc

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

Result of AGM

Tribal is pleased to announce that, at its Annual General Meeting held earlier today, all resolutions put to shareholders were duly passed. The votes are as follows:

		In Favour			Against			Withheld
Resolution		Votes	%age		Votes	%age		Votes
1 - receive and adopt the audited financial statements for year ended 31/12/17.		147,256,443	96.87		4,757,774	3.13		14,205
2 - declare a dividend of 1p per ordinary share for year ending 31/12/17.		151,601,656	99.72		426,766	0.28		0
3 - re-appoint PricewaterhouseCoopers LLP as auditors of the company.		151,601,456	99.72		426,766	0.28		200
4 - authorise the directors to determine the remuneration of the auditors.		151,601,456	99.72		426,766	0.28		200
5 - approve the re-election of Richard Last as director.		147,251,718	96.86		4,776,704	3.14		0
6 - approve the re-election of Roger McDowell as director.		147,251,718	96.86		4,776,704	3.14		0
7 - re-election of Ian Bowles as director.		151,595,822	99.72		432,600	0.28		0
8 - approve the re-election of Mark Pickett as director.		151,595,622	99.72		432,800	0.28		0
9 - Grant the directors authority to allot shares.		104,321,800	68.65		47,636,622	31.35		70,000

Notwithstanding that resolution 9 was passed by the requisite majority, the Board notes that a small number of significant shareholders voted against the resolution. The Board will be contacting these shareholders to discuss their votes against this resolution and against resolutions 10, 11 & 12 which were withdrawn 23^rd April 2018.

- Ends -

For further information please contact:

Tribal Group plc                               Tel:  [phone]

Ian Bowles, Chief Executive

Mark Pickett, Chief Financial Officer       

Email:   [e-mail]                                               

Web:     www.tribalgroup.com

Investec Bank plc                             Tel: [phone]

Sara Hale

Andrew Pinder

William Godfrey

N+1 Singer Advisory LLP               Tel: [phone]

Shaun Dobson

Alex Price

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.

 

END

 

 

RAGEALLLAANPEFF