Withdrawal of AGM Resolutions

RNS Number : 8221L

Tribal Group PLC

23 April 2018

 

23 April 2018

Tribal Group plc

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

Withdrawal of AGM Resolutions

Tribal (AIM: TRB) advises that it has withdrawn the following special resolutions from the agenda of the Annual General Meeting of the Company's shareholders scheduled to be held at 11.00am tomorrow (24 April 2018):

·     Resolution 10 - to disapply pre-emption rights

·     Resolution 11 - to authorise the Company to buy back shares

·     Resolution 12 - to authorise the holding of general meetings on not less than 14 clear days' notice

These resolutions are enabling resolutions that do not affect the strategy or the day-to-day running of the business and have been withdrawn following indications from a small number of significant shareholders in the Company that they do not support these resolutions.

The withdrawal of these items of business does not affect the validity of the remainder of the resolutions to be proposed at the Annual General Meeting, or to proxy forms submitted in respect of the remaining resolutions to be put to shareholders for approval.

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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.

 

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