Tribal Group PLC Director/PDMR Shareholding (3604U)

TIDMTRB

RNS Number : 3604U

Tribal Group PLC

01 April 2021

01 April 2021

Tribal Group plc

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

Director/PDMR Shareholding

Tribal, a leading provider of software and services to the international education management market, announces that on the 01 April 2021 Mark Pickett exercised 247,678 ordinary shares of 5 pence each in the Company under the Company LTIP Plan ("the Plan") and sold 120,000 shares to cover tax related obligations. In addition Mark Pickett sold 40,000 shares and his wife sold a further 40,000 shares. Following the transactions Mark Pickett has a beneficial interest in 740,919 ordinary shares, including those held by his wife.

Following Admission, the Company's enlarged issued share capital will comprise 206,102,288 ordinary shares of 5p each, with one voting right per share. The Company does not hold any shares in treasury and therefore the total number of Ordinary Shares with voting rights in the Company is 206,102,288. 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 Disclosure and Transparency Rules of the UK Financial Conduct Authority.

 
 1.    Details of the person discharging managerial 
        responsibilities/person closely associated 
 (a)   Name                      Mark Pickett 
      ------------------------  --------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------- 
 (a)   Position/status           PMDR 
      ------------------------  --------------------------------- 
 (b)   Initial notification/     Initial notification 
        Amendment 
      ------------------------  --------------------------------- 
 3.    Details of the issuer 
      ----------------------------------------------------------- 
 (a)   Name                      Tribal Group plc 
      ------------------------  --------------------------------- 
 (b)   LEI                       213800Y8XLJFIXDY8J06 
      ------------------------  --------------------------------- 
 4.    Details of the transaction(s): section 
        to be repeated for (i) each type of instrument; 
        (ii) each type of transaction; (iii) 
        each date; and (iv) each place where 
        transactions have been conducted 
      ----------------------------------------------------------- 
 (a)   Description of            Ordinary shares of GBP0.05 
        the Financial             each 
        Instrument 
      ------------------------  --------------------------------- 
 (b)   Identification            GB0030181522 
        code of the Financial 
        Instrument 
      ------------------------  --------------------------------- 
 (c)   Nature of the             1. Exercise of Options 
        transaction               2. Disposal of shares 
      ------------------------  --------------------------------- 
 (d)   Price(s) and              Price(s)          Volume(s) 
        volume(s) 
                                ----------------  --------------- 
                                 1. Nil cost       1. 247,678 
                                  2a. GBP1.02       2a. 80,000 
                                  2b. GBP1.04       2b. 120,000 
                                ----------------  --------------- 
 
 (e)   Aggregated information 
        - Aggregated               Volume 247,678 Price N/A 
        volume                     Volume 80,000 Price GBP1.02 
        - Price                    Volume 120,000 Price GBP1.04 
      ------------------------  --------------------------------- 
 (f)   Date of the transaction   01 April 2021 
      ------------------------  --------------------------------- 
 (g)   Place of the              1.Outside a trading venue 
        transaction               2. London Stock Exchange 
      ------------------------  --------------------------------- 
 

Also on 01 April 2021 Richard Last, Chairman of Tribal, sold 1,000,000 ordinary shares of 5 pence each in the Company and has a beneficial interest in 2,995,726 ordinary shares, and Roger McDowell sold 1,000,000 ordinary shares of 5 pence each in the Company and has a beneficial interest in 2,975,726 ordinary shares.

 
 1.     Details of the person discharging managerial 
         responsibilities/person closely associated 
 (a)    Name                           Richard Last 
       -----------------------------  ------------------------------------- 
 2.     Reason for the notification 
       -------------------------------------------------------------------- 
 (a)    Position/status                PMDR 
       -----------------------------  ------------------------------------- 
 (b)    Initial notification/          Initial notification 
         Amendment 
       -----------------------------  ------------------------------------- 
 3.     Details of the issuer 
       -------------------------------------------------------------------- 
 (a)    Name                           Tribal Group plc 
       -----------------------------  ------------------------------------- 
 (b)    LEI                            213800Y8XLJFIXDY8J06 
       -----------------------------  ------------------------------------- 
 4.     Details of the transaction(s): section 
         to be repeated for (i) each type of instrument; 
         (ii) each type of transaction; (iii) 
         each date; and (iv) each place where 
         transactions have been conducted 
       -------------------------------------------------------------------- 
 (a)    Description of                 Ordinary shares of GBP0.05 
         the Financial                  each 
         Instrument 
       -----------------------------  ------------------------------------- 
 (b)    Identification                 GB0030181522 
         code of the Financial 
         Instrument 
       -----------------------------  ------------------------------------- 
 (c)    Nature of the                  Disposal of shares 
         transaction 
       -----------------------------  ------------------------------------- 
 (d)    Price(s) and                   Price(s)            Volume(s) 
         volume(s) 
                                      ------------------  ----------------- 
   GBP1.027                                                1,000,000 
  ------------------------------------------------------  ----------------- 
 
 (e)    Aggregated information 
         - Aggregated                    Volume 1,000,000 Price GBP1.027 
         volume 
         - Price 
       -----------------------------  ------------------------------------- 
 (f)    Date of the transaction        01 April 2021 
       -----------------------------  ------------------------------------- 
 (g)    Place of the                   1.Outside a trading venue 
         transaction                    2. London Stock Exchange 
       -----------------------------  ------------------------------------- 
 
 
 1.     Details of the person discharging managerial 
         responsibilities/person closely associated 
 (a)    Name                       Roger McDowell 
       -------------------------  ------------------------------------- 
 2.     Reason for the notification 
       ---------------------------------------------------------------- 
 (a)    Position/status            PMDR 
       -------------------------  ------------------------------------- 
 (b)    Initial notification/      Initial notification 
         Amendment 
       -------------------------  ------------------------------------- 
 3.     Details of the issuer 
       ---------------------------------------------------------------- 
 (a)    Name                       Tribal Group plc 
       -------------------------  ------------------------------------- 
 (b)    LEI                        213800Y8XLJFIXDY8J06 
       -------------------------  ------------------------------------- 
 4.     Details of the transaction(s): section 
         to be repeated for (i) each type of instrument; 
         (ii) each type of transaction; (iii) 
         each date; and (iv) each place where 
         transactions have been conducted 
       ---------------------------------------------------------------- 
 (a)    Description of             Ordinary shares of GBP0.05 
         the Financial              each 
         Instrument 
       -------------------------  ------------------------------------- 
 (b)    Identification             GB0030181522 
         code of the Financial 
         Instrument 
       -------------------------  ------------------------------------- 
 (c)    Nature of the               Disposal of shares 
         transaction 
       -------------------------  ------------------------------------- 
 (d)    Price(s) and               Price(s)            Volume(s) 
         volume(s) 
                                  ------------------  ----------------- 
   1. GBP1.027                                         1. 1,000,000 
  --------------------------------------------------  ----------------- 
 
 (e)    Aggregated information 
         - Aggregated                Volume 1,000,000 Price GBP1.027 
         volume 
         - Price 
       -------------------------  ------------------------------------- 
 (f)    Date of the transaction    01 April 2021 
       -------------------------  ------------------------------------- 
 (g)    Place of the               1.Outside a trading venue 
         transaction                2. London Stock Exchange 
       -------------------------  ------------------------------------- 
 

Enquiries:

 
Tribal Group plc                                             Tel: [phone] 
Mark Pickett, Chief Executive Officer 
 Paul Simpson, Acting Chief Financial Officer 
 Ken Lewis, Company Secretary 
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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April 01, 2021 09:00 ET (13:00 GMT)