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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tribal Group Plc | LSE:TRB | London | Ordinary Share | GB0030181522 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.75 | -1.42% | 52.00 | 52.00 | 53.50 | 52.00 | 52.00 | 52.00 | 14,254 | 11:37:36 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Business Consulting Svcs,nec | 83.59M | -510k | -0.0024 | -216.67 | 110.36M |
From Apr 2019 to Apr 2024
TIDMTRB
RNS Number : 4734O
Tribal Group PLC
21 August 2017
21 August 2017
Tribal Group plc
("Tribal" or "the Group")
Contract Wins
Tribal, a leading provider of software and services to the international education markets, is pleased to announce two contracts with a total value of GBP25.3 million.
Tribal has been awarded a contract by the Abu Dhabi Education Council (ADEC) for the inspection of schools in Abu Dhabi. The contract expands Tribal's schools' inspection business in the UAE and makes Tribal the sole supplier of school reviews in Abu Dhabi. The revenue from the contract is worth GBP8.5m over two years.
The Group has also been awarded a contract by the Callista Senior Executive Group (CSEG) to extend its support and development of the Callista product for higher education customers in Australia. The revenue from the contract is worth AUD$27.5m (GBP16.8m) over four years.
Peter Marshall, Chair of CSEG, commented:
"On behalf of CSEG universities I am delighted to reaffirm our existing partnership with Tribal for a further minimum period of four years, which will enable the continued development and support of the Callista Student Management System."
The revenues from both contracts had already been factored into the business plan for 2017 and beyond.
ends
For further information please contact:
Tribal Group plc Tel: 0117 311 5293 Ian Bowles, Chief Executive Mark Pickett, Chief Financial Officer Weber Shandwick Financial Tel: 020 7067 0700 Nick Oborne Tom Jenkins Investec Bank plc Tel: 020 7597 5970 Rowena Murray Sara Hale Daniel Adams N+1 Singer Capital Markets Tel: 0207 496 3000 Limited Shaun Dobson
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTEAXPEAFNXEFF
(END) Dow Jones Newswires
August 21, 2017 02:00 ET (06:00 GMT)
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