Tribal Group Incentivizes Management with Stock Options

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

Tribal Group plc, a prominent provider of education management software and services, has announced the granting of 552,291 nil cost options to senior management and employees as part of its 2018 Long Term Incentive Plan, contingent on meeting specific performance targets over a three-year period. These options, which make up a minute portion of the company’s total issued shares, are set to vest progressively over three years, with the earliest exercise date being June 5th, 2027.

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