Tribal Group PLC Contract Wins (4734O)
August 21 2017 - 2:00AM
UK Regulatory
TIDMTRB
RNS Number : 4734O
Tribal Group PLC
21 August 2017
21 August 2017
Tribal Group plc
("Tribal" or "the Group")
Contract Wins
Tribal, a leading provider of software and services to the
international education markets, is pleased to announce two
contracts with a total value of GBP25.3 million.
Tribal has been awarded a contract by the Abu Dhabi Education
Council (ADEC) for the inspection of schools in Abu Dhabi. The
contract expands Tribal's schools' inspection business in the UAE
and makes Tribal the sole supplier of school reviews in Abu Dhabi.
The revenue from the contract is worth GBP8.5m over two years.
The Group has also been awarded a contract by the Callista
Senior Executive Group (CSEG) to extend its support and development
of the Callista product for higher education customers in
Australia. The revenue from the contract is worth AUD$27.5m
(GBP16.8m) over four years.
Peter Marshall, Chair of CSEG, commented:
"On behalf of CSEG universities I am delighted to reaffirm our
existing partnership with Tribal for a further minimum period of
four years, which will enable the continued development and support
of the Callista Student Management System."
The revenues from both contracts had already been factored into
the business plan for 2017 and beyond.
ends
For further information please contact:
Tribal Group plc Tel: 0117 311 5293
Ian Bowles, Chief Executive
Mark Pickett, Chief
Financial Officer
Weber Shandwick Financial Tel: 020 7067 0700
Nick Oborne
Tom Jenkins
Investec Bank plc Tel: 020 7597 5970
Rowena Murray
Sara Hale
Daniel Adams
N+1 Singer Capital Markets Tel: 0207 496 3000
Limited
Shaun Dobson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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