OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Tribal Group plc has disclosed its public opening position as the offeree in relation to its own securities as of September 22, 2026, reporting no interests or short positions in its ordinary shares. However, directors and their associates hold a combined 4.15% of the issued share capital, with significant holdings by Richard Last (1.44%), Roger Steven McDowell (1.85%), Mark Jeremy Pickett and close relatives (0.78%), Diane Josephine McIntyre (0.07%), and Nigel Halkes (0.01%). Additionally, Mark Jeremy Pickett and Diane Josephine McIntyre hold substantial unexercised options and awards under the Long Term Incentive Plan 2018, with various vesting and expiry dates through 2036, all with an exercise price of nil.
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Rules 8.1 and 8.2 of the Takeover Code (the “Code”)
KEY INFORMATION
| (a) Full name of discloser: | Tribal Group plc |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Tribal Group plc |
| (d) Is the discloser the offeror or the offeree? | Offeree |
| (e) Date position held: The latest practicable date prior to the disclosure | 22 September 2026 |
POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
| Class of relevant security: | Ordinary Shares 5p | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | Nil | Nil | Nil | Nil |
| (2) Cash-settled derivatives: | Nil | Nil | Nil | Nil |
| TOTAL: | Nil | Nil | Nil | Nil |
All interests and all short positions should be disclosed.
Rights to subscribe for new securities
| Class of relevant security in relation to which subscription right exists: | None |
| Details, including nature of the rights concerned and relevant percentages: | None |
- POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Interests in ordinary shares of Tribal Group plc held by the directors of Tribal Group plc, their close relatives and related trusts Name Number of Ordinary Shares % of issued share capital Richard Last 3,095,726 1.44% Roger Steven McDowell 3,975,726 1.85% Nigel Halkes 14,285 0.01% Mark Jeremy Pickett and close relatives 1,663,762 0.78% Diane Josephine McIntyre 140,493 0.07% Total 8,889,992 4.15% Interests held as options or awards by directors of Tribal Group plc in ordinary shares of Tribal Group plc (A) Mark Jeremy Pickett Long Term Incentive Plan 2018 Number of Tribal Group plc ordinary shares of which options granted / subject to award Date of grant Vesting date Expiry Date Exercise price (£) 173,022 16/10/2023 16/10/2026 16/10/2033 Nil 376,407 13/06/2024 13/06/2026 13/06/2034 Nil 598,208 13/06/2024 13/06/2027 13/06/2034 Nil 540,292 16/09/2025 16/09/2028 16/09/2035 Nil 550,000 19/05/2026 19/05/2029 19/05/2036 Nil (B) Diane Josephine McIntyre Long Term Incentive Plan 2018 Number of Tribal Group plc ordinary shares of which options granted / subject to award Date of grant Vesting date Expiry Date Exercise price (£) 145,965 16/10/2023 16/10/2026 16/10/2033 Nil 223,057 13/06/2024 13/06/2026 13/06/2034 Nil 354,494 13/06/2024 13/06/2027 13/06/2034 Nil 392,939 16/09/2025 16/09/2028 16/09/2035 Nil 400,000 19/05/2026 19/05/2029 19/05/2036 Nil
- OTHER INFORMATION
- Indemnity and other dealing arrangements
None
- Agreements, arrangements or understandings relating to options or derivatives
None
Attachments
Are any Supplemental Forms attached?
| Supplemental Form 8 (Open Positions) | NO |
| Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 23 September 2026 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.