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Tribal (#TRB) – receives terminated contract interim demand for SG$9.9m of damages, to dispute this and defend any legal action

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Tribal (#TRB) – 2022 impacted by a contract delay and dispute, notes “a mediation process”, DPS halved

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Tribal – having previously stated cash flow improvement “dependent on the timing of project milestones”, major “Contract Update”…

Shares in group describing itself as “a pioneering world-leader of education software and services” Tribal (TRB) were hit from above 55p towards 40p in December as it announced “changes to the scope and delays to implementation and delivery of the NTU contract” impact. The shares had since recovered back above 50p but now a “Singapore Contract Update and Revised Results Date” announcement.

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Tribal (#TRB) – Nanyang Technological University notifies contract termination, company “rejects” its right to terminate and results delayed

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Tribal (#TRB) – argues some positive sales momentum, but Singapore contract “significant disagreement”

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Tribal (#TRB) – “substantially below” earnings warning due to Nanyang Technology University contract challenges

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Tribal (#TRB) – H1 profit fall, H2 margin recovery “dependent on project delivery milestones on the NTU contract”

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Tribal (#TRB) – cloud contract wins, though also notes increased costs of a major customer implementation

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Tribal (#TRB) – anticipates 2021 “in line with market expectations”, “a strong platform”

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Tribal (#TRB) – H1 EPS 2.1p, no dividend, expects FY “slightly ahead of market expectations”