Tribal Group (TRB)

Sector:

Support

Index:

FTSE AIM All-Share

38.00p
   
  • Change Today:
    -1.10p
  • 52 Week High: 62.50p
  • 52 Week Low: 36.90p
  • Currency: UK Pounds
  • Shares Issued: 214.31m
  • Volume: 1,002
  • Market Cap: £81.44m
  • 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 38.00p
Change Today -1.10p
% Change -2.81 %
52 Week High 62.50p
52 Week Low 36.90p
Volume 1,002
Shares Issued 214.31m
Market Cap £81.44m
RiskGrade 242

Tribal Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25% below the market average25% below the market average25% below the market average25% below the market average25% below the market average
6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average6.67% above the sector average
Price Trend
35.35% below the market average35.35% below the market average35.35% below the market average35.35% below the market average35.35% below the market average
34.02% below the sector average34.02% below the sector average34.02% below the sector average34.02% below the sector average34.02% below the sector average
Income
11.23% below the market average11.23% below the market average11.23% below the market average11.23% below the market average11.23% below the market average
1.69% below the sector average1.69% below the sector average1.69% below the sector average1.69% below the sector average1.69% below the sector average
Growth
28.93% above the market average28.93% above the market average28.93% above the market average28.93% above the market average28.93% above the market average
34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% above the sector average34.78% 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
  2nd Interim Interim
Ex-Div 26-Jun-25 31-Oct-24
Paid 24-Jul-25 28-Nov-24
Amount 0.65p 0.65p

Trades for 04-Jun-2025

Time Volume / Share Price
09:09 1,000 @ 38.00p
08:09 1 @ 39.40p
08:09 1 @ 39.40p

Tribal Group Key Personnel

CEO Mark Pickett
CFO Diane McIntyre

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