Tribal Group (TRB)

Sector:

Support

Index:

FTSE AIM All-Share

39.90p
   
  • Change Today:
      0.100p
  • 52 Week High: 69.30
  • 52 Week Low: 39.41
  • Currency: UK Pounds
  • Shares Issued: 213.85m
  • Volume: 184,615
  • Market Cap: £85.33m
  • RiskGrade: 242

Tribal agrees £3.1m settlement with Nanyang Technological University

By Josh White

Date: Friday 24 May 2024

LONDON (ShareCast) - (Sharecast News) - Tribal Group announced a settlement agreement with Nanyang Technological University (NTU) on Friday, following mediation over their terminated contract.

The AIM-traded firm said the agreement resolved all outstanding issues between the parties, with Tribal agreeing to pay NTU £3.1m, without admitting liability.

It said the payment would be made from Tribal's cash flow over the next 18 months.

As part of the settlement, Tribal said it recognised an exceptional charge of £0.6m in 2023, and would recognise an additional exceptional charge of £2.5min the first half of 2024.

At 1135 BST, shares in Tribal Group were up 5.26% at 60p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tribal Group Market Data

Currency UK Pounds
Share Price 39.90p
Change Today 0.100p
% Change 0.25 %
52 Week High 69.30
52 Week Low 39.41
Volume 184,615
Shares Issued 213.85m
Market Cap £85.33m
RiskGrade 242

Tribal Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.07% below the market average6.07% below the market average6.07% below the market average6.07% below the market average6.07% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
73.09% below the market average73.09% below the market average73.09% below the market average73.09% below the market average73.09% below the market average
79.8% below the sector average79.8% below the sector average79.8% below the sector average79.8% below the sector average79.8% below the sector average
Income
83.14% below the market average83.14% below the market average83.14% below the market average83.14% below the market average83.14% below the market average
75.86% below the sector average75.86% below the sector average75.86% below the sector average75.86% below the sector average75.86% below the sector average
Growth
39.23% above the market average39.23% above the market average39.23% above the market average39.23% above the market average39.23% above the market average
23.91% above the sector average23.91% above the sector average23.91% above the sector average23.91% above the sector average23.91% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tribal Group Dividends

  Latest Previous
  Interim Final
Ex-Div 31-Oct-24 22-Jun-23
Paid 28-Nov-24 27-Jul-23
Amount 0.65p 0.65p

Trades for 17-Oct-2024

Time Volume / Share Price
16:06 1,857 @ 39.41p
16:00 1,231 @ 39.41p
14:54 50,000 @ 40.01p
14:15 2,094 @ 40.01p
14:15 2,094 @ 39.50p

Tribal Group Key Personnel

CEO Mark Pickett
CFO Diane McIntyre

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