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UK's Tribal rises to nearly five-year high after Jenzabar interest

By Reuters News07:45 (UTC), 29 September 2026 Updated

** Shares of Tribal Group TRBG.L rise 3% to 104p, highest since December 2021

** Jenzabar, which holds 26.2% stake in Tribal, announces possible cash offer of 111 pence per share

** Jenzabar calls on Tribal board to postpone October 2 shareholder vote on Main Capital-backed sale

** Jenzabar has until October 27 to make a firm takeover offer for Tribal or withdraw its interest under UK takeover rules

** TRBG up 56.7% YTD

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