Issue of Shares

                                                                                                                                                             

Tribal Group plc

("Tribal" or the "Company")

Issue of Shares

 

25 April 2017

 

Tribal Group plc

("Tribal" or the "Company")

 

Tribal (AIM: TRB), a leading provider of software and services to international education markets, announces that it has agreed to issue 670,882 new ordinary shares ("New Shares") of 5p in the Company pursuant to deferred consideration payable relating to the acquisition of Sky Software Pty Ltd in March 2014.

 

Application has been made for the 670,882 New Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or about 26 April 2017. The New Shares will rank pari passu in all aspects with the existing ordinary shares of the Company.

 

Total voting rights

 

Following Admission, the Company's enlarged issued share capital will comprise 196,051,181 ordinary shares, with voting rights. 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 FCA's Disclosure and Transparency Rules.

 

Enquiries:   Tribal Group plc Ian Bowles, Chief Executive   Investec Bank plc Rowena Murray Sara Hale Daniel Adams   N+1 Singer Shaun Dobson   Weber Shandwick Financial Nick Oborne Tom Jenkins

Tel: 0117 311 5293       Tel 020 7597 5970       Tel: 020 7496 3006   Tel: 020 7067 0700