Investec Bank Plc has filed a Form 8.5 public dealing disclosure relating to ordinary shares in Tribal Group Plc, as required under Rule 8.5 of the Takeover Code.
The disclosure, filed on 30th September 2026, covers trading activity carried out by Investec in its capacity as an exempt principal trader with recognised intermediary status.
Investec holds a dual role in relation to this offer, acting as both advisor and joint broker to Tribal Group Plc throughout the process.
The dealings were conducted on 29th September 2026, with Investec operating in a client-serving capacity during those transactions.
On the purchase side, Investec acquired 186,969 ordinary shares in Tribal Group Plc, with prices ranging from a low of 101.25p to a high of 102.5p per unit.
On the disposal side, Investec sold 205,026 ordinary shares, with prices ranging from a low of 101p to a high of 103.5p per unit.
No cash-settled derivative transactions, stock-settled derivative transactions, or options were involved in the disclosed dealings.
Investec confirmed that no indemnity arrangements, option agreements, or other formal or informal understandings existed that might constitute an inducement to deal or refrain from dealing.
The bank also confirmed no agreements or understandings relating to voting rights or future acquisition and disposal of relevant securities through derivatives.
The disclosure was submitted by contact Abhishek Gawde and is consistent with obligations under the UK Takeover Panel’s regulatory framework for market transparency during offer periods.
Public disclosures of this nature under Rule 8 of the Takeover Code are required to be submitted to a Regulatory Information Service to ensure market participants have access to timely trading information.
Tribal Group Plc shares, trading on the London Stock Exchange under the ticker TRB.L, rose 1.49% around the time of the disclosure, while Investec shares under INVP.L gained 1.55%.
