21 May 2024
Tribal Group plc
("Tribal" or the "Company")
Result of AGM
Tribal (AIM: TRB), a leading provider of software services to the international education market, announces that, at its Annual General Meeting held yesterday, Ordinary Resolutions 1-9 and Special Resolution 12 were duly passed. Special Resolutions 10 and 11 were not passed.
The Company has engaged with the relevant shareholder to understand their concerns around approving these resolutions. The Company remains in active and positive dialogue with the shareholder.
The votes received were as follows:
| Resolution | Description | Votes in favour of the resolution (%) | Votes in favour | Votes against | Votes marked as withheld / abstentions |
| 1 | Annual Report and Accounts | 100% | 184,229,375 | 0 | 1,525,462 |
| 2 | Re-appointment of Auditors | 100% | 185,754,260 | 0 | 577 |
| 3 | Remuneration of Auditors | 100% | 185,754,260 | 0 | 577 |
| 4 | Re-election of Richard Last | 100% | 183,173,639 | 398,060 | 2,183,138 |
| 5 | Re-election of Roger McDowell | 96% | 161,591,128 | 5,959,509 | 18,204,200 |
| 6 | Re-election of Mark Pickett | 100% | 185,754,260 | 0 | 577 |
| 7 | Re-election of Nigel Halkes | 100% | 185,754,260 | 0 | 577 |
| 8 | Re-election of Diane McIntyre | 100% | 185,754,260 | 0 | 577 |
| 9 | Authority to allot shares | 100% | 129,614,568 | 350 | 56,139,919 |
| 10 | Disapplication of pre‐emption rights | 70% | 129,334,568 | 56,139,692 | 280,577 |
| 11 | Allotment of shares to be used only for the purposes of financing a transaction which the Board of the Company determines to be either an acquisition or a specified capital investment | 70% | 129,614,568 | 56,139,692 | 577 |
| 12 | Market purchase of shares | 100% | 185,751,837 | 3,000 | 0 |
| Tribal Group plc | Tel: +44 (0) 117 311 5293 |
| Mark Pickett, Chief Executive Officer Diane McIntyre, Chief Financial Officer | |
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| Investec Bank plc (NOMAD & Joint Broker) | Tel: +44 (0) 20 7597 5970 |
| Virginia Bull, Nick Prowting, Tom Brookhouse | |
| | |
| Singer Capital Markets (Joint Broker) | Tel: +44 (0) 20 7496 3000 |
| Shaun Dobson, Tom Salvesen, Alex Bond | |
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| Alma Strategic Communications | Tel: +44 (0)203 405 0205 |
| Caroline Forde, Hannah Campbell, Will Ellis Hancock | |
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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