Source - LSE Regulatory
RNS Number : 6070C
Tribal Group PLC
21 June 2021

21 June 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 21 June 2021 Mark Pickett, Chief Executive Officer of Tribal, exercised options over 251,256 ordinary shares of 5 pence each in the Company ("ordinary shares") under the Long Term Incentive Plan ("the Plan") and sold 115,000 shares to cover tax related obligations. Following the transactions Mark Pickett has a beneficial interest in 877,175 ordinary shares, including those held by his wife.

Following Admission, the Company's enlarged issued share capital will comprise 209,391,705 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 209,391,705. 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.



Details of the person discharging managerial responsibilities/person closely associated



Mark Pickett


Reason for the notification





Initial notification/ Amendment

Initial notification


Details of the issuer



Tribal Group plc





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


Description of the Financial Instrument

Ordinary shares of £0.05 each


Identification code of the Financial Instrument



Nature of the transaction

1. Exercise of Options

2. Disposal of shares



Price(s) and volume(s)



1.  Nil cost

2.  £0.98


1.  251,256

2.  115,000



Aggregated information

-           Aggregated volume

-           Price


Volume 251,256  Price N/A

Volume 115,000     Price £0.98



Date of the transaction

21 June 2021


Place of the transaction

1.Outside a trading venue

2. London Stock Exchange




For further information, please contact:

Tribal Group plc

  Tel: +44 (0) 117 311 5293

Mark Pickett, Chief Executive Officer

Diane McIntyre , Chief Financial Officer

Investec Bank plc  (NOMAD & Joint Broker)

Tel: +44 (0) 20 7597 5970

Sara Hale, Virginia Bull, Will Godfrey 

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, 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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