TRIBAL GROUP PLC

Remuneration Information • May 22, 2018

National Storage Mechanism | Additional information

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RNS Number : 9413O

Tribal Group PLC

22 May 2018

22 May 2018

Tribal Group plc

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

Grant of Options

Tribal (AIM: TRB), a leading provider of software and services to the international education management market, announces that on the 22 May 2018, under the terms of its 2018 Long Term Incentive Plan, the Company granted nil-cost options over 339,196 ordinary shares of 5 pence each in the Company ("Ordinary Shares") to Chief Executive, Ian Bowles and granted nil-cost options over 251,256 Ordinary Shares to Chief Financial Officer, Mark Pickett.

Each award has been granted subject to performance conditions based on the Group's Adjusted Operating Profit over a performance period ending 31 December 2018.  Each award will, ordinarily, vest on the third anniversary of the grant.

In total, awards have been granted over 590,452 Ordinary Shares representing approximately 0.30% of the Company's issued share capital on this date.

Name	Title	Number of Ordinary Shares over which award granted	Exercise price
Ian Bowles	Chief Executive	339,196	Nil cost
Mark Pickett	Chief Financial Officer	251,256	Nil cost

1.

Details of PDMR / person closely associated ("PCA")

a)

Name

i.          Ian Bowles

ii.         Mark Pickett

2.

Reason for the notification

a)

Position / status

i.          Chief Executive

ii.         Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer

a)

Name

Tribal Group plc

b)

LEI

2138003DLFRH7CB89Z84

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, type of instrument

Options over ordinary shares of £0.05 each

b)

Identification code

GB0030181522

c)

Nature of the transaction

Grant of options over Ordinary Shares

d)

Price(s) and

volume(s)

Price(s)	Volume(s)
i.          Nil cost ii.          Nil cost	i.          339,196 ii.          251,256

e)

Aggregated information

-     Volume

-     Price

590,452

N/A

f)

Date of the transaction

22 May 2018

g)

Place of the transaction

Outside a trading venue

- Ends -

For further information please contact:

Tribal Group plc                               Tel:  0330 016 4000

Roger McDowell

Chairman, Remuneration Committee   

Email:   hello@tribalgroup.com                                               

Web:     www.tribalgroup.com

Investec Bank plc                             Tel: 020 7597 5970

Sara Hale

Andrew Pinder

William Godfrey

N+1 Singer Advisory LLP               Tel: 0207 496 3000

Shaun Dobson

Alex Price

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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