Tribal Group (TRB)

Sector:

Support

Index:

FTSE AIM All-Share

 42.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 62.50p
  • 52 Week Low: 38.50p
  • Currency: UK Pounds
  • Shares Issued: 213.85m
  • Volume: 90,961
  • Market Cap: £89.82m
  • 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 42.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 62.50p
52 Week Low 38.50p
Volume 90,961
Shares Issued 213.85m
Market Cap £89.82m
RiskGrade 242

Tribal Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.1% below the market average87.1% below the market average87.1% below the market average87.1% below the market average87.1% below the market average
61.8% below the sector average61.8% below the sector average61.8% below the sector average61.8% below the sector average61.8% below the sector average
Price Trend
4.83% above the market average4.83% above the market average4.83% above the market average4.83% above the market average4.83% above the market average
18.75% above the sector average18.75% above the sector average18.75% above the sector average18.75% above the sector average18.75% above the sector average
Income
75.58% below the market average75.58% below the market average75.58% below the market average75.58% below the market average75.58% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Growth
21.36% above the market average21.36% above the market average21.36% above the market average21.36% above the market average21.36% above the market average
24.44% above the sector average24.44% above the sector average24.44% above the sector average24.44% above the sector average24.44% 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
  Final Interim
Ex-Div 26-Jun-25 31-Oct-24
Paid 24-Jul-25 28-Nov-24
Amount 0.65p 0.65p

Trades for 31-Mar-2025

Time Volume / Share Price
14:18 3,622 @ 42.00p
14:12 30 @ 42.00p
13:51 6 @ 43.00p
13:51 25,000 @ 42.19p
13:34 7,508 @ 42.00p

Tribal Group Key Personnel

CEO Mark Pickett
CFO Diane McIntyre

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