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Tribal Group encourages management with stock options

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

Tribal Group plc, a leading provider of education management software and services, has announced the award of 552,291 zero-cost options to senior management and employees as part of its Long Term Incentive Plan 2018, subject to the achievement of specific performance targets over a period of three years . These options, which represent a small portion of the company’s total issued shares, will vest gradually over a three-year period, with the earliest exercise date being June 5, 2027.

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