Update on acquisition of Semestry Limited

RNS Number : 4312X

Tribal Group PLC

04 May 2021

 

04 May 2021

Tribal Group plc

("Tribal" or "the Group")

Update on acquisition of Semestry Limited

Tribal (AIM: TRB), a leading provider of software and services to the international education market, is pleased to announce that it has acquired and paid for the remaining issued share capital of Semestry Limited, a supplier of cloud based scheduling and timetabling software to the higher education market.  As detailed in the acquisition announcement of 1 April 2021, 28.75% of the issued shares in Semestry Limited were held by the Estate of Barry Keepence awaiting the certificate of confirmation which has now been granted.  Semestry has traded in line with expectations since the acquisition and the integration is progressing to plan.

Tribal Group plc	Tel: [phone]
Mark Pickett, Chief Executive Officer
Paul Simpson, Acting 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, 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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