Educational software and services provider Tribal Group announced on Tuesday that is collaborating with Microsoft to enable the organisation to expand the number of educational institutions and students that can access its student information systems.
International education software and services provider Tribal Group announced on Monday that it had won two contracts with a total value of £25.3m.
Tribal Group announced on Thursday that it has acquired the intellectual property rights and exclusive distribution rights for the Wambiz private social network solution to the education markets across the UK, Australia and New Zealand from Wambiz Limited.
AIM-listed Tribal Group has signed a contract with the University of Sheffield for the supply and implementation of a full student management system.
Tribal Group announced on Wednesday that, following a good second half, the board anticipates that group revenues will be in line with its expectations for the year to 31 December 2016, and the performance of the group will be materially ahead.
Tribal Group published its half-year report for the six months to 30 June on Thursday, with revenue dropping 22% to £45.2m.
Tribal Group's chief executive, chairman and a senior independent director have all subscribed to a total of £1.25m worth of new shares in the cash-strapped company as it looked to shore up its balance sheet after a tough 2015.
Tribal Group announced a rights issue on Wednesday as it reported a wider loss for 2015.
Servelec Group has acquired Tribal Group's Synergy children's services management information system business for of £20.25m cash, which it is part-funding with a new bank facility.
Shares in Tribal Group were speared after the education software and services group issued a four-pronged warning: of lower profits, debts that might breach covenants, a £35m rights issue and proposal to move down from London's full list to AIM.
Tribal Group has warned that profits for the current year will be "significantly below" expectations due to project delays and a lack of smaller contracts.
Shares in Tribal Group beat a path lower as the company's losses persisted in the first half of 2015, even though they narrowed to £6m from £8.4m last year.
Keith Evans will step down from his role as chief executive officer of Tribal Group at the end of next month, the provider of software and services for education management confirmed on Tuesday.
A round-up of the biggest director deals today so far.
Barclays: Nomura reduces target price from 305p to 285p staying with its buy recommendation. Investec lowers target price from 305p to 295p and keeps its buy recommendation.
International growth has driven annual profits higher at education and training software supplier Tribal Group.
Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation.