Tribal Group plc Issues New Shares Following Option Exercise

Tribal Group plc ( (GB:TRB) ) has provided an update.

Tribal Group plc has announced the issuance of 278,784 new ordinary shares following the exercise of options by senior management under the company’s 2022 Long Term Incentive Plan. This move will increase the company’s total issued share capital to 214,133,482 ordinary shares, with the new shares expected to commence trading on AIM on 9 May 2025. The exercise and subsequent sale of shares by PDMRs Mark Pickett and Diane McIntyre are partly to cover tax obligations, with implications for their beneficial interests in the company.

Spark’s Take on GB:TRB Stock

According to Spark, TipRanks’ AI Analyst, GB:TRB is a Outperform.

Tribal Group plc demonstrates strong financial foundations and promising corporate events, with its transition to a SaaS model driving recurring revenue and debt reduction. However, technical indicators suggest limited momentum, and valuation metrics present a moderately attractive investment case. The overall score reflects these strengths tempered by liquidity concerns and market momentum.

To see Spark’s full report on GB:TRB stock, click here.

More about Tribal Group plc

Tribal Group plc is a pioneering leader in education software and services, offering a portfolio that includes Student Information Systems, quality assurance, peer review, benchmarking, improvement services, and student surveys. The company operates in over 55 countries, working with higher education, further and tertiary education institutions, schools, government and state bodies, training providers, and employers to enhance student success.

Average Trading Volume: 340,115

Technical Sentiment Signal: Strong Sell

Current Market Cap: £88.91M

Learn more about TRB stock on TipRanks’ Stock Analysis page.