Tribal Group PLC Update on acquisition of Semestry Limited (4312X)
04 Mayo 2021 - 2:55AM
UK Regulatory
TIDMTRB
RNS Number : 4312X
Tribal Group PLC
04 May 2021
04 May 2021
Tribal Group plc
("Tribal" or "the Group")
Update on acquisition of Semestry Limited
Tribal (AIM: TRB), a leading provider of software and services
to the international education market, is pleased to announce that
it has acquired and paid for the remaining issued share capital of
Semestry Limited, a supplier of cloud based scheduling and
timetabling software to the higher education market. As detailed in
the acquisition announcement of 1 April 2021, 28.75% of the issued
shares in Semestry Limited were held by the Estate of Barry
Keepence awaiting the certificate of confirmation which has now
been granted. Semestry has traded in line with expectations since
the acquisition and the integration is progressing to plan.
Tribal Group plc Tel: +44 (0) 117 311
5293
Mark Pickett, Chief Executive Officer
Paul Simpson, Acting Chief Financial
Officer
Investec Bank plc (NOMAD & Joint Broker) Tel: +44 (0) 20 7597 5970
Sara Hale, Virginia Bull, Will Godfrey
N+1 Singer Capital Markets Limited Tel: +44 (0) 20 7496 3000
(Joint Broker)
Shaun Dobson, Tom Salvesen, Alex Bond
Alma PR Tel: +44 (0) 203 405 0205
Caroline Forde, Robyn Fisher, Josh Royston,
Molly Gretton
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.
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