Director/PDMR Shareholding
Tribal Group plc announced on May 19, 2026, that it granted 950,000 nil cost options under its 2022 Long Term Incentive Plan to Chief Executive Officer Mark Pickett and Chief Financial Officer Diane McIntyre. These options, representing approximately 0.4% of the company's issued shares, are subject to three-year performance conditions based on the Group's Key Performance Indicators and will vest in equal parts over three years, with no exercise possible before May 19, 2029.
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Tribal (AIM: TRB), a leading provider of software and services to the international education management market, announces that on 19th May the Company granted 950,000 nil cost options ("Options") over ordinary shares ("Ordinary Shares") of 5p each in the Company. The options, representing approximately 0.4% of the Company's issued shares, were granted to Mark Pickett (Chief Executive Officer) and Diane McIntyre (Chief Financial Officer) under the terms of the Company's 2022 Long Term Incentive Plan.
The award has been granted subject to performance conditions based on the Group's Key Performance Indicators (KPIs) over three years. The Options will ordinarily vest in equal parts over three years and may not be exercised before 19th May 2029.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Names | A. Mark Pickett B. Diane McIntyre | |
| 2. | Reason for the notification | ||
| (a) | Position/status | PDMR | |
| (b) | Initial notification/ Amendment | Initial notification | |
| 3. | Details of the issuer | ||
| (a) | Name | Tribal Group plc | |
| (b) | LEI | 213800Y8XLJFIXDY8J06 | |
| (a) | Description of the Financial Instrument | Options over Ordinary Shares of £0.05 each | |
| (b) | Identification code of the Financial Instrument | GB0030181522 | |
| (c) | Nature of the transaction | Grant of Options over Ordinary Shares | |
| (d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| A. Nil cost B. Nil cost | 550,000 400,000 | ||
| (e) | Aggregated information - Aggregated volume - Price | 950,000 Shares Nil cost | |
| (f) | Date of the transaction | 19 May 2026 | |
| (g) | Place of the transaction | Outside a trading venue | |
| Tribal Group plc | Tel: +44 (0) 330 016 4000 |
Mark Pickett, Chief Executive Officer Diane McIntyre, Chief Financial Officer
| Investec Bank plc (NOMAD & Joint Broker) | Tel: +44 (0) 20 7597 5970 |
| Virginia Bull, Nick Prowting, Arnav Kapoor | |
| Singer Capital Markets (Joint Broker) | Tel: +44 (0) 20 7496 3000 |
| Sara Hale, Alex Bond | |
| Alma Strategic Communications | Tel: +44 (0)203 405 0205 |
Caroline Forde, Hannah Campbell, Emma Thompson
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.