23 April 2018
Tribal Group plc
("Tribal", the "Company" or the "Group")
Withdrawal of AGM Resolutions
Tribal (AIM: TRB) advises that it has withdrawn the following special resolutions from the agenda of the Annual General Meeting of the Company's shareholders scheduled to be held at 11.00am tomorrow (24 April 2018):
· Resolution 10 - to disapply pre-emption rights
· Resolution 11 - to authorise the Company to buy back shares
· Resolution 12 - to authorise the holding of general meetings on not less than 14 clear days' notice
These resolutions are enabling resolutions that do not affect the strategy or the day-to-day running of the business and have been withdrawn following indications from a small number of significant shareholders in the Company that they do not support these resolutions.
The withdrawal of these items of business does not affect the validity of the remainder of the resolutions to be proposed at the Annual General Meeting, or to proxy forms submitted in respect of the remaining resolutions to be put to shareholders for approval.
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For further information please contact:
Tribal Group plc Tel: 0117 311 5293
Ian Bowles, Chief Executive
Mark Pickett, Chief Financial Officer
Email: [email protected]
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.
