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TRIBAL GROUP PLC
Share Issue/Capital Change • Apr 14, 2021
7987_dirs_2021-04-14_9d083f5e-e41e-459c-a32a-b7caf6a21b03.html
Share Issue/Capital Change
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National Storage Mechanism | Additional information 
RNS Number : 5034V
Tribal Group PLC
14 April 2021
14 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 13 April 2021 2,545,000 ordinary shares of 5 pence each in the Company were exercised under the Company LTIP Plan ("the Plan").
Following Admission, the Company's enlarged issued share capital will comprise 208,697,288 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 208,697,288. 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.
75,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2016 LTIP Plan as follows:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Mike Beech | |
| 2. | Reason for the notification | ||
| (a) | Position/status | PMDR | |
| (b) | Initial notification/ Amendment | Initial notification | |
| 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 the Financial Instrument | Ordinary shares of £0.05 each | |
| (b) | Identification code of the Financial Instrument | GB0030181522 | |
| (c) | Nature of the transaction | 1. Exercise of Options 2. Disposal of shares |
|
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1. Nil cost 2. 101.75p |
1. 75,000 2. 75,000 |
||
| (e) | Aggregated information - Aggregated volume - Price |
1. Volume 75,000 Price N/A 2. Volume 75,000 Price 101.75p |
|
| (f) | Date of the transaction | 13 April 2021 | |
| (g) | Place of the transaction | 1.Outside a trading venue 2. London Stock Exchange |
1,045,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2017 LTIP Plan as follows:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | 1. Mike Beech 2. Janet Tomlinson 3. Mark Wilson 4. Ken Lewis 5. Chloe Payne |
|
| 2. | Reason for the notification | ||
| (a) | Position/status | PMDR | |
| (b) | Initial notification/ Amendment | Initial notification | |
| 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 the Financial Instrument | Ordinary shares of £0.05 each | |
| (b) | Identification code of the Financial Instrument | GB0030181522 | |
| (c) | Nature of the transaction | A. Exercise of Options B. Disposal of shares |
|
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1A 80.375p 1A 80p 2A 80.375p 2A 80p 3A 80.375p 3A 80p 4A 80p 5A 80.375p 1B 101.75p 2B 101.75p 3B 101.75p 4B 101.75p 5B 101.75p |
1A 37,325 1A 247,675 2A 37,325 2A 362,675 3A 37,325 3A 247,675 4A 50,000 5A 25,000 1B 285,000 2B 400,000 3B 285,000 4B 50,000 5B 25,000 |
||
| (e) | Aggregated information - Aggregated volume - Price |
Volume exercised 136,975 Price 80.375p Volume exercised 908,025 Price 80p Volume sold 1,045,000 Price 101.75p |
|
| (f) | Date of the transaction | 13 April 2021 | |
| (g) | Place of the transaction | 1.Outside a trading venue 2. London Stock Exchange |
1,350,000 ordinary shares of 5 pence each in the Company were exercised under the Company 2018 LTIP Plan as follows:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | 1. Mike Beech 2. Janet Tomlinson 3. Peter Coft 4. Ken Lewis 5. Chloe Payne |
|
| 2. | Reason for the notification | ||
| (a) | Position/status | PMDR | |
| (b) | Initial notification/ Amendment | Initial notification | |
| 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 the Financial Instrument | Ordinary shares of £0.05 each | |
| (b) | Identification code of the Financial Instrument | GB0030181522 | |
| (c) | Nature of the transaction | A. Exercise of Options B. Disposal of shares |
|
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 1A 79.6p 2A 79.6p 3A 79.6p 4A 79.6p 5A 79.6p 1B 101.75p 2B 101.75p 3B 101.75p 4B 101.75p 5B 101.75p |
1A 300,000 2A 400,000 3A 300,000 4A 50,000 5A 300,000 1B 300,000 2B 400,000 3B 300,000 4B 50,000 5B 300,000 |
||
| (e) | Aggregated information - Aggregated volume - Price |
1. Volume exercised 1,350,000 Price 79.6p 2. Volume sold 1,350,000 Price 101.75p |
|
| (f) | Date of the transaction | 13 April 2021 | |
| (g) | Place of the transaction | 1.Outside a trading venue 2. London Stock Exchange |
Enquiries:
| Tribal Group plc | Tel: +44 (0) 117 311 5293 | |||
| Mark Pickett, Chief Executive Officer Paul Simpson, Acting Chief Financial Officer Ken Lewis, Company Secretary |
||||
| Investec Bank plc (NOMAD & Joint Broker) Sara Hale, Virginia Bull, Will Godfrey |
Tel: +44 (0) 20 7597 5970 | |||
| N+1 Singer Capital Markets Limited (Joint Broker) | Tel: +44 (0) 20 7496 3000 | |||
| Shaun Dobson, Tom Salvesen, Alex Bond | ||||
| Alma PR | Tel: +44 (0)203 405 0205 | |||
| 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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