Tribal Group PLC Issue of Shares (2356D)

TIDMTRB

RNS Number : 2356D

Tribal Group PLC

25 April 2017

Tribal Group plc

("Tribal" or the "Company")

Issue of Shares

25 April 2017

Tribal Group plc

("Tribal" or the "Company")

Tribal (AIM: TRB), a leading provider of software and services to international education markets, announces that it has agreed to issue 670,882 new ordinary shares ("New Shares") of 5p in the Company pursuant to deferred consideration payable relating to the acquisition of Sky Software Pty Ltd in March 2014.

Application has been made for the 670,882 New Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or about 26 April 2017. The New Shares will rank pari passu in all aspects with the existing ordinary shares of the Company.

Total voting rights

Following Admission, the Company's enlarged issued share capital will comprise 196,051,181 ordinary shares, with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 
 
   Enquiries: 
 
   Tribal Group plc                Tel: [phone] 
   Ian Bowles, Chief Executive     5293 
 
   Investec Bank plc 
   Rowena Murray 
   Sara Hale                       Tel [phone] 
   Daniel Adams                    5970 
 
   N+1 Singer 
   Shaun Dobson 
                                   Tel: [phone] 
   Weber Shandwick Financial       3006 
   Nick Oborne 
   Tom Jenkins                     Tel: [phone] 
                                   0700 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUVAWRBVASURR

(END) Dow Jones Newswires

April 25, 2017 04:17 ET (08:17 GMT)