Investec Bank Plc has filed a Form 8.5 regulatory disclosure revealing substantial trading activity in the ordinary shares of Tribal Group Plc.
The disclosure, submitted on 22nd September 2026, covers dealings that took place on 21st September 2026 in connection with Tribal Group Plc.
Investec Bank Plc is acting as Advisor and Joint Broker to Tribal Group Plc, giving it exempt principal trader status with recognised intermediary status under the Takeover Code.
Under Rule 8.5 of the Takeover Code, exempt principal traders dealing in a client-serving capacity are required to make public disclosures of their transactions in relevant securities.
The filing shows that Investec purchased a total of 90,449 ordinary shares in Tribal Group Plc, with prices ranging from a low of 82.46p to a high of 85p per unit.
In addition to its purchases, Investec also sold 4,610 ordinary shares in Tribal Group Plc across the same price range of 82.46p to 85p per unit.
The volume difference between purchases and sales suggests Investec was primarily accumulating shares on behalf of clients during the trading session on 21st September 2026.
No cash-settled derivative transactions, stock-settled derivative transactions, or options activity was reported as part of this regulatory filing.
Investec confirmed there are no indemnity or other dealing arrangements that might constitute an inducement to deal or refrain from dealing in relation to the offer.
The bank also confirmed there are no agreements, arrangements, or understandings relating to voting rights or future acquisition or disposal of securities referenced by any derivative.
The contact listed on the disclosure is Priyali Bhattacharjee, and the filing was made in accordance with requirements set out by the UK Takeover Panel’s Market Surveillance Unit.
