Tribal Group signs deal with Sheffield University

AIM-listed Tribal Group has signed a contract with the University of Sheffield for the supply and implementation of a full student management system.

The contract is valued at £4.6m over a five-year period and was factored in to the 2017 business plan.

In its year-end trading update last month, Tribal said it had secured preferred bidder status with two new higher education clients, including an additional Russell Group University.

At 0835 GMT, the shares were up 0.9% to 76.4p.