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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tribal Group PLC | AQSE:TRB.GB | Aquis Stock Exchange | Ordinary Share | GB0030181522 | Ordinary Shares 5p |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 50.50 | 50.00 | 51.00 | 50.50 | 50.50 | 50.50 | 0.00 | 06:56:52 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMTRB
RNS Number : 8591Y
Tribal Group PLC
23 May 2016
Tribal Group plc
("Tribal" or "the Group")
Update on TAFE Queensland
As noted in the Group's preliminary results announcement of 16 March 2016, the Group has been in discussions in relation to its contract with TAFE Queensland. Tribal now confirms that it has agreed with TAFE Queensland to end the contract with immediate effect. This is an amicable arrangement.
No current year or future years' revenues or cash receipts have previously been assumed to be received by the Group in its forecasts. Tribal will receive a final payment from TAFE Queensland referable to year to date costs relating to this contract. Therefore the Group's expectations for 2016 and beyond remain unchanged.
Tribal leads the student management system market across Australia and New Zealand, including supplying nearly 40% of all universities, over 50% of New Zealand's Institutes of Technology and Polytechnics, all of TAFE New South Wales and TAFE Tasmania in Further Education, and over 4,000 schools and schools oversight bodies in Australia. Tribal is committed to expanding its offerings to the education market in Australia and New Zealand and will continue to invest in both its software and local presence.
END
Enquiries: Tribal Group plc Tel: 0117 311 5293 Ian Bowles, Chief Executive Investec Bank plc Tel: 020 7597 4000 Rowena Murray Sara Hale Daniel Adams N+1 Singer Tel: 020 7496 3006 Shaun Dobson Weber Shandwick Financial Tel: 020 7067 0700 Nick Oborne Tom Jenkins
Editors' note:
Tribal is a leading provider of software and services to the education management market. We build world-leading student management software, and provide performance improvement and quality assurance solutions across universities, colleges and schools, in the UK and internationally.
More information about Tribal is available online at www.tribalgroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCURSWRNRAVURR
(END) Dow Jones Newswires
May 23, 2016 02:00 ET (06:00 GMT)
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