Tribal Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

AIM:TRB Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
20 Sep 24	SellUK£31,502	Mark Pickett	Individual		66,000	UK£0.48
20 Sep 24	SellUK£23,388	Diane McIntyre	Individual		49,000	UK£0.48

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TRB?
Owner Type	Number of Shares	Ownership Percentage
Employee Share Scheme	127,500	0.0595%
Individual Insiders	8,889,992	4.15%
General Public	9,079,335	4.24%
VC/PE Firms	21,145,383	9.87%
Private Companies	57,438,135	26.8%
Institutions	117,500,637	54.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 93.17% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
26.2%	Jenzabar Limited	56,139,342	UK£25.0m	0%	no data
12.7%	Harwood Capital LLP	27,200,000	UK£12.1m	27.4%	1.11%
9.87%	Gresham House Asset Management Limited	21,145,383	UK£9.4m	0%	0.6%
9.55%	RWC Partners Limited	20,445,000	UK£9.1m	-31.3%	0.11%
8.58%	Liontrust Asset Management PLC	18,369,162	UK£8.2m	-9.28%	0.05%
5.38%	Schroder Investment Management Limited	11,520,000	UK£5.1m	0.17%	no data
2.64%	Janus Henderson Group plc	5,657,544	UK£2.5m	-12.3%	no data
2.25%	Brooks MacDonald Asset Management	4,820,867	UK£2.2m	37.2%	0.3%
2%	Rathbones Investment Management Limited	4,275,142	UK£1.9m	-11.5%	no data
1.97%	Herald Investment Management Ltd.	4,225,000	UK£1.9m	0%	0.15%
1.86%	Roger McDowell	3,975,726	UK£1.8m	0%	no data
1.45%	Richard Last	3,095,726	UK£1.4m	0%	no data
1.15%	Castlefield Investments	2,459,488	UK£1.1m	0.05%	0.21%
1.03%	Bank J. Safra Sarasin AG	2,211,635	UK£986.4k	0%	0.02%
1.02%	Hargreaves Lansdown Asset Management Ltd.	2,181,541	UK£973.0k	36%	no data
1%	Teviot Partners LLP	2,132,022	UK£950.9k	-11.2%	0.54%
0.78%	Mark Pickett	1,663,762	UK£742.0k	5.83%	no data
0.76%	Cigogne Management S.A.	1,625,000	UK£724.7k	0%	9.58%
0.63%	Aberdeen Group Plc	1,354,878	UK£604.3k	25.6%	no data
0.47%	UBS Asset Management AG	1,017,127	UK£453.6k	0.99%	no data
0.47%	Ninety One UK Limited	1,011,493	UK£451.1k	0%	no data
0.44%	Stellar Asset Management	947,914	UK£422.8k	0%	1.4%
0.4%	River Global Investors LLP	861,913	UK£384.4k	-0.47%	0.02%
0.29%	CM-CIC Asset Management SA	625,000	UK£278.8k	0%	no data
0.28%	FNZ Group Entities Limited	601,067	UK£268.1k	-6.89%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/07/20 01:41
End of Day Share Price	2025/07/18 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tribal Group plc is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Hai Thang Liao	Canaccord Genuity
Andrew Smith	Charles Stanley Securities
Fiona Orford-Williams	Edison Investment Research