Tribal Group PLC Director/PDMR Shareholding (1127K)

TIDMTRB

RNS Number : 1127K

Tribal Group PLC

04 July 2017

Tribal Group plc

Director/PDMR Shareholding

4 July 2017

Tribal Group plc

("Tribal" or the "Company")

Tribal, a leading provider of software and services to international education markets, announces that on the 3 July 2017 the Company granted 3,535,000 options ("Options") over ordinary shares of 5 pence each in the Company ("Ordinary Shares"). The Options, representing approximately 1.8% of the Company's issued shares, were granted to its senior management including certain Persons Discharging Management Responsibility ("PDMR") under the terms of the Company's 2010 Long Term Incentive Plan.

2,426,874 of the Options are exercisable at 80p per Ordinary Share and 1,108,126 of the Options are exercisable at 80.375p per Ordinary Share. The Options may not be exercised before 2 July 2020.

 
 1.    Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------- 
 (a)   Name                            i. Barbara Staruk 
                                        ii. Chris Farnath 
                                        iii. Janet Tomlinson 
                                        iv. Jon Baldwin 
                                        v. Mark Wilson 
                                        vi. Mike Beech 
                                        vii. Philip Sanders 
----  -------------------------  ---------------------------------------- 
 2.    Reason for the notification 
----  ------------------------------------------------------------------- 
 (a)   Position/status                 i. Senior Management Position 
                                        ii. Senior Management Position 
                                        iii. Senior Management Position 
                                        iv. Senior Management Position 
                                        v. Senior Management Position 
                                        vi. Senior Management Position 
                                        vii. Senior Management Position 
----  -------------------------  ---------------------------------------- 
 (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                Options over Ordinary shares 
        of the Financial           of GBP0.05 each 
        Instrument 
----  -------------------------  ---------------------------------------- 
 (b)   Identification             GB0030181522 
        code of the 
        Financial Instrument 
----  -------------------------  ---------------------------------------- 
 (c)   Nature of the              Issue of Options 
        transaction 
----  -------------------------  ---------------------------------------- 
 (d)   Price(s) and               Price(s)           Volume(s) 
        volume(s) 
                                 -----------------  --------------------- 
                                       i. n/a             i. 285,000 
                                        ii. n/a            ii. 285,000 
                                        iii. n/a           iii. 400,000 
                                        iv. n/a            iv. 285,000 
                                        v. n/a             v. 285,000 
                                        vi. n/a            vi. 285,000 
                                        vii. n/a           vii. 285,000 
                                 -----------------  --------------------- 
 
 (e)   Aggregated 
        information                 2,110,000 shares 
         *    Aggregated volume     n/a 
 
 
        - Price 
----  -------------------------  ---------------------------------------- 
 (f)   Date of the                3 July 2017 
        transaction 
----  -------------------------  ---------------------------------------- 
 (g)   Place of the               London Stock Exchange 
        transaction 
----  -------------------------  ---------------------------------------- 
 

Enquiries:

   Tribal Group plc                                                         Tel: [phone] 

Ian Bowles, Chief Executive

Mark Pickett, Chief Financial Officer

This information is provided by RNS

The company news service from the London Stock Exchange

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July 04, 2017 11:19 ET (15:19 GMT)