×

RNS Number : 5259A

Netcall PLC

23 January 2024

 

23 January 2024

 

NETCALL PLC 

("Netcall", the "Company" or the "Group") 

Acquisition of Skore Labs Limited

Enhancing the Liberty digital transformation platform, increasing market opportunity and cross-sale potential

Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, is pleased to announce the acquisition of Skore Labs Limited ("Skore"), a cloud-based process improvement software company (the "Acquisition").

Key points:

·	Highly complementary bolt-on solution, enhancing and broadening Netcall's offering as a one-stop-shop digital transformation toolkit
·	Provides increased cross-selling potential and expanded market opportunity and reach
·	Brings new customers across industries and a compatible cloud recurring revenue model
·	Initial consideration of £2 million, with additional earnout resulting in a maximum consideration of up to £6.225 million

About Skore

Skore (www.getskore.com) is a UK company that provides a cloud-based software solution for business process discovery, mapping, analysis and management. As an intuitive and collaborative solution, users can rapidly identify process problems as well as opportunities for optimisation to drive operational improvement, innovation and efficiencies.

Based in Portsmouth, Skore was established in 2014 and has c.120 customers across a range of industries, including Ashford Borough Council, Cielo, Holland & Barrett, Northrop Grumman and University College London NHS Trust. All of the current team will remain with the Netcall group.

For the year ended 31 December 2023, Skore's revenues have grown 96% to £449k (2022: £229k) with an adjusted EBITDA loss of £55k (2022: loss of £159k) (figures from unaudited managements accounts). Annual recurring revenue (ARR) from cloud subscriptions increased by 179% to £651k (2022: £233k).

Acquisition Rationale

Process mapping is a foundation capability that enhances Netcall's current product portfolio. With the expanded Liberty platform that incorporates Skore's process mapping solution with Liberty's low-code, robotic process automation and AI solutions, customers will be able to build solutions, streamline and automate processes faster and easier, to improve operational effectiveness and efficiency.

The expanded Liberty platform also allows Netcall customers to add process mapping to their subscriptions, creating cross-selling potential and new customer opportunities for organisations that want a comprehensive all-in-one process solution.

Consideration for the Acquisition

The total consideration for the Acquisition, including earnout, is up to £6.225 million, of which up to £4.225 million is dependent on the performance of Skore. The initial consideration is £2.0 million, payable in cash from Netcall's existing cash resources, with £1.8 million payable on completion and £0.2 million is held back and deferred for 12 months.

Up to £4.0 million of the earnout consideration is payable subject to Skore achieving contracted annualised value of software subscriptions ("Annualised Subscription Value") growth from £0.6 million to £2.0 million within three years of acquisition. The payment will be pro-rata, measured annually, and paid 50% in cash and 50% in Netcall shares with elements of both deferred until the end of the earnout period. Any Netcall shares issued will be subject to a 12 month lock-in for the management shareholders of Skore. The balance of the earnout contingent consideration is payable in cash and is dependent on achieving a minimum level of Annualised Subscription Value in the earnout period.

James Ormondroyd, CEO of Netcall plc commented:"The acquisition of Skore fits excellently within our stated acquisition rationale, bringing a highly complementary technology offering.Business process improvement is seen as an increasingly important part of the puzzle for companies wishing to improve their interactions with customers, and we believe this acquisitionaccelerates our position in a rapidly growing market for digital transformation and automation.

"We have a successful track record in growing our market opportunity and cross-sell potential through organic and acquisitive product expansion, and the addition of the Skore process mapping capabilities is a step forward in this journey. We look forward to welcoming the Skore team to Netcall."

For further enquiries, please contact:

 

Netcall plc	Tel. +44 (0) 330 333 6100
James Ormondroyd, CEO
Henrik Bang, Non-Executive Chair
Richard Hughes, CFO
Canaccord Genuity Limited (Nominated Adviser and Broker)	Tel. +44 (0) 20 7523 8000
Simon Bridges / Andrew Potts
Singer Capital Markets (Joint Broker)	Tel. +44 (0) 20 7496 3000
Harry Gooden / Asha Chotai
Alma Strategic Communications	Tel. +44 (0) 20 3405 0205
Caroline Forde / Hilary Buchanan / Matthew Young

 

About Netcall

Netcall's Liberty software platform with Intelligent Automation and Customer Engagement solutions helps organisations digitally transform their businesses faster and more efficiently, empowering them to create a leaner, more customer-centric organisation.

Netcall's customers span enterprise, healthcare and government sectors. These include two-thirds of the NHS Acute Health Trusts and leading corporates including Legal and General, Lloyds Banking Group, Aon and Santander.

For further information, please go to www.netcall.com.

Prior to publication the information communicated in this announcement was deemed by the Company to constitute inside information for the purposes of article 7 of the Market Abuse Regulations (EU) No 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations No 2019/310 ('MAR'). With the publication of this announcement, this information is now considered to be in the public domain.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

ACQVLLFLZFLLBBL

Close

×

RNS Number : 7609Z

4GLOBAL PLC

16 January 2024

 

16 January 2024

4GLOBAL PLC

("4GLOBAL" or the "Company")

Contract Wins

4GLOBAL, a UK-based data, services and software company focused on major sporting events and the promotion and measurement of physical activity, is pleased to announce that it has been awarded two contracts in the Kingdom of Saudi Arabia ("KSA") resulting in a combined value of over £800,000, with the majority of the work scheduled for completion within the current financial year.

The initial award, with the client in KSA, has enlisted the services of 4GLOBAL to assess the value and operational viability of a number of sporting facilities in the area. This venture is aimed at securing public investment for the facilities, contributing to the expansion of sports participation in the region.

The second award is with a new partner within the region. 4GLOBAL is set to deliver a comprehensive solution offering valuable insights into the feasibility of investing in sports facilities and the potential return on investment. This solution aims to enhance the overall return on investment by enhancing aspects such as facilities, programmes and events.

Eloy Mazon, 4GLOBAL's CEO, commented:

"We are delighted to have been awarded the two additional contracts in KSA. This is a significant achievement and a testament to our commitment to excellence and our strong presence in this region. Securing these contracts underscores the robustness of our international expansion strategy and the value our existing and potential customers see in gaining access to our data (DataHub) and insight solutions that are critical to them to make the right decisions at the right time" The board is confident that we are trading in line with market expectations for the current financial year.

For further information please contact:

4GLOBAL Eloy Mazon (CEO)	c/o IFC Advisory
Spark Advisory Partners – Nominated Adviser Neil Baldwin	0203 368 3554
Canaccord Genuity Limited – Broker Bobbie Hilliam	020 7523 8000
IFC Advisory Graham Herring / Zach Cohen	0203 934 6630

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

CNTFLFITLAIELIS

Close

×

Neville Registrars are delighted to welcome Yealm Community Energy as the newest addition to its list of client companies.

Yealm Community Energy are a member-owned society that invests in renewable electricity for the local community. 

Further information can be found on the Company's website: https://www.yealmenergy.co.uk/  

Close

×

RNS Number : 5891Y

Shearwater Group PLC

04 January 2024

 

4 January 2024

  

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

 

Contract wins secured with a Global Financial Organisation

and a Government Department

 

Shearwater Group plc, the cybersecurity, advisory and managed security services group, announces that its subsidiary, Brookcourt Solutions ('Brookcourt'), has secured two key contract wins.

 

A three year contract has been signed with a leading global bank for the provision of comprehensive security and cyber security services.  The contract has a total value of US$3.15 million, which includes previously deferred contractual spend from the client.  Brookcourt will provide renewed support for a critical segment of the bank's global security infrastructure ensuring that the bank can enhance the protection and audit capabilities of its core databases.

 

In addition, following its first Government department contract win in October 2023, Brookcourt has secured a three year contract with a second Government department following an intensive one-year trial. With a total value of approximately £0.84 million it involves the delivery of a comprehensive threat intelligence solution, covering threat, geopolitical and brand intelligence.

 

Both these strategic wins, which will be accounted for in full in the year to 31 March 2024, demonstrate Brookcourt's commitment to delivering cutting-edge solutions and fortifying the security landscape for its clients.

 

Phil Higgins, CEO of Shearwater, commented:"We are delighted to be awarded these two contracts, highlighting the value and expertise of Brookcourt Solutions' offering. It is especially pleasing to see further previously delayed client spend from last year flow into the current period. Additionally we are excited to see deeper expansion for the Group into central government."

 

Enquiries:

Shearwater Group plc David Williams, Chairman Phil Higgins, CEO Adam Hurst, Interim CFO	www.shearwatergroup.com c/o Alma PR
Cavendish Capital Markets Limited– NOMAD Adrian Hadden / Ben Jeynes / Fergus Sullivan –  Corporate Finance Henry Nicol / Dale Bellis / Michael Johnson – Sales	+44 (0) 20 7220 0500
Alma Justine James / Joe Pederzolli	shearwater@almastrategic.com +44 (0) 20 3405 0205

 

This announcement contains inside information.

 

About Shearwater Group plc

 

Shearwater Group plc is an award-winning group providing cyber security, managed security and professional advisory solutions to create a safer online environment for organisations and their end users.

 

The Group's differentiated full service offering spans identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.

 

The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.

 

Shearwater shares are listed on the London Stock Exchange's AIM under the ticker "SWG".  For more information, please visit www.shearwatergroup.com.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

CNTFFFLFLTIVIIS

Close

×

RNS Number : 5293X

Kondor AI PLC

21 December 2023

 

21 December 2023

Kondor AI PLC
("Kondor" or the "Company")

Admission on AQSE and First Day of Dealings

Kondor (AQSE: KNDR), a technology company developing advancedartificial intelligence ("AI") products, is pleased to announce that admission of itsentire share capital consisting ofordinary shares of £0.001 each ("Ordinary Shares") to trading on theAccess segment of the Aquis Stock Exchange ("AQSE") will take place and dealings will commence at 8.00 a.m. today ("Admission"), under the ticker KNDR and ISIN numberGB00BRXKJ754.

 

The commencement of trading of the Company's Ordinary Shares follows a successful subscription and placing by Clear Capital Markets for a total of 50,000,000 Ordinary Shares at 3p per Ordinary Share, raising gross proceeds of £1,500,000 (before expenses).

 

On Admission, the Company will have 180,050,000 Ordinary Shares in issue and the market capitalisation of the Company will be approximately £5,401,500.

 

Jonathan Bixby, Co-Founder and Executive Chairman at Cykel AI, said:

"Kondor's debut on the AQUIS market is a major step in the Company's development and provides a strong foundation to execute our long-term growth strategy. We are delighted with the strong support from a wide range of investors to build a global AI vision Company under the Kondor brand".

 

About Kondor

 

Kondor intends to operate a software business engaged in the development of advanced artificial intelligence ("AI") products with a particular focus on vision-based AI, intending to offer these to business customers through a "software as a service" (SaaS) model. 

The company's main product will be the Kondor AI app, which will analyse pictures and live photos, providing solutions to questions and challenges based on visual input. 

The Company's admission document is available to view on its website:https://www.kondor.ai/

 

The directors of Kondor accept responsibility for this announcement.

For further information please contact:

Kondor AI PLC
Jonathan Bixby, Executive Chairman	Via First Sentinel
First Sentinel Corporate Finance Limited Corporate Adviser and Joint Broker
Brian Stockbridge Gabrielle Cordeiro	+44 (0) 7858 888007
Clear Capital Markets Limited Corporate Broker
Bob Roberts	+44 (0) 20 3869 6080

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NEXEAXAEASEDFFA

Close

×

RNS Number : 0681X

Acuity RM Group PLC

18 December 2023

 

This is a non-regulatory announcement

 

18 December 2023

 

Acuity RM Group plc 

('Group' or the 'Company')

New Contract win

 

Acuity RM Group plc (AIM:ACRM) is delighted to announce that its wholly owned operating subsidiary, Acuity Risk Management Limited ('Acuity'), has won a new contract worth £88,000, over two years for the use of Acuity's software platform, STREAM® from a new client which itself designs, implements and runs cyber security programmes for a wide range of clients.  STREAM®will enable them to better manage risk assessments and so improve their service.

Angus Forrest, Chairman of Acuity RM Group plc, said:"We are delighted that a leading cyber security consultancy has chosen STREAM®as a key tool for its own business and look forward to working with them and potentially many of their clients in the future."

 

 

For further information please contact:
Acuity RM Group plc	www.AcuityRMGroup.com
Angus Forrest	+44 (0) 20 3582 0566

 

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management services. Its award-winning STREAM® software platform, collects data about organisations to improve business decisions and management. It is used by around 70 organisations in markets including government, utilities, defence, broadcasting, manufacturing and healthcare.

 

The Company is focused on delivering long term, sustainable growth in shareholder value. In the short to medium term this is expected to come from organic growth and thereafter may also come from complementary acquisitions.

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NRABIBDDIUBDGXR

Close

×

RNS Number : 7048W

Investment Evolution Credit PLC

14 December 2023

 

Investment Evolution Credit plc

 

("IEC" or the "Company")

 

Admission to Trading and First Day of Dealings

 

Investment Evolution Credit plc (AQSE:IEC), a United Kingdom registered fintech group that operates in the financial services sector, specialising in online consumer loan, announces that trading in its ordinary shares will commence on the Aquis Stock Exchange Growth Market ("AQSE") at 8:00 a.m., today (14 December 2023), under the ticker "IEC" and ISIN: GB00BPQC9525.

 

The Company has been admitted to the Access Segment of AQSE ("Admission") following successful completion of a subscription, raising gross proceeds of c. £508k.

 

The expected net proceeds of the subscription will be used for the following primary strategic objectives:

·   continued growth of the consumer loan portfolio in the United States;

·   execution of the business plan in the United Kingdom including application to the FCA for authorisation to provide consumer loans in the United Kingdom; and

·   working capital for the group to accelerate growth.

 

The Board of the Company comprises Paul Mathieson, Executive Chairman & Chief Executive Officer, Sameer ("Sam") Prasad, Executive Director, Chief Financial Officer and Chief Operating Officer, Glendys Aguilera, Executive Director and Lending Manager, and Neil Patrick, Non-Executive Director.

 

Paul Mathieson, Executive Chairman & Chief Executive Officer, commented:

"The Aquis Stock Exchange Growth Market listing is a significant milestone for Investment Evolution Credit plc, allowing us to expand our operations and reach a larger pool of investors. We believe that AQSE offers a great opportunity for the Company to gain international recognition and to continue our growth trajectory in the consumer lending market.By leveraging our technological expertise, innovative lending platform, and commitment to customer satisfaction, we are well-positioned to capture the growth opportunities in both the UK and US consumer lending markets."

 

The issued share capital of the Company on Admission comprises 14,960,975 ordinary shares.

Principal activities

United Kingdom – IEC Credit Ltd ("IEC Credit")

IEC Credit is preparing to apply to the FCA to become a consumer credit lender in the United Kingdom and has already commenced preparatory work ahead of Admission.

 

The IEC executive team selected the United Kingdom to apply for consumer credit licensing due to the UK's advantageous fiscal policies, regulatory environment, demographics and attractive competitive landscape for online personal loans.

 

IEC management expect completion of the preparatory work and application process with the FCA for IEC Credit to become a consumer credit lender in the United Kingdom to take 12-18 months.

 

United States – Investment Evolution Corporation trading as Mr. Amazing Loans ("MRAL")

MRAL currently provides $2,000 to $10,000 unsecured online consumer loans via its websitewww.mramazingloans.comover a five-year term. Annual interest rates range from 19.9% to 29.9% with no prepayment penalties, late fees, or default interest for the life of the loan. The personal loan products are fully amortising, fixed rate, unsecured instalment loans and all loans are offered at, or below prevailing statutory rates, with the standard loan product being a 29.9% interest rate/annual percentage rate unsecured personal loan with a five-year term.

 

The Company's Admission Document is available to view at: www.investmentevolution.com

 

The Directors of the Company accept responsibility for the contents of this announcement.

 

Enquiries:

 

Investment Evolution Creditplc
Paul Mathieson Chairman & CEO	iec@investmentevolution.com
Cairn Financial Advisers LLP (AQSE Corporate Adviser)
Ludovico Lazzaretti	+44 (0) 20 72130 880
Jo Turner

 

 

For more information please visit:www.investmentevolution.com 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NEXFZMMZNFMGFZM

Close

×

Neville Registrars are delighted to welcome GS Verde Group Limited as the newest addition to its list of client companies.

GS Verde Group help businesses to reach their business goals. With multiple disciplines under one roof, they work as one team to provide end-to-end support including corporate finance, legal, tax and communications services.

Further information can be found on the Company's website: https://www.gsverde.group/

Close

×

RNS Number : 9553T

One Health Group PLC

20 November 2023

 

 

 

 

20 November 2023

 

One Health Group PLC

("One Health" or "the Group")

 

Two New Contracts with local NHS Trusts

 

One Health Group PLC the independent provider of free high quality NHS care for patients referred for treatment in Orthopaedics, Spine, General Surgery and Gynaecology,is pleased to confirm it has extended its support of the NHS in working to reduce the national waiting list through two new contracts secured with local NHS trusts.

The Group is providing Barnsley Teaching Hospital with additional Orthopaedic capacity, and Derby & Burton NHS Foundation Trust with both Gynaecology and Orthopaedic capacity. These additional patients are transferred from the Trust's own internal waiting lists and are in addition to the patients One Health receives directly following a GP referral through 'patient choice'.

This activity is in addition to similar contracts secured in 2022/23 with Doncaster and Bassetlaw Teaching Hospitals (Orthopaedic & Spine) and Chesterfield Royal Hospital (Orthopaedic & Gynaecology). One Health has also increased capacity of its Orthopaedic support of Sheffield Teaching Hospital in the second half of this calendar year by 50%, with a view to this continuing to the end of March 2024."

 

Ends

 

For more information, please contact:

 

One Health Group plc                                                                                  via Square1 Consulting

 

Oberon Capital – AQSE Corporate Adviser and Broker                   +44 203 179 5300

Nick Lovering

Mike Seabrook

Adam Pollock

 

Square1 Consulting                                                                                       +44 207 929 5599

David Bick                                                                                                            +44 7831 381201

 

 

About One Health Group

 

One Health engages over 100 NHS Consultants who sub-specialise in the various surgeries offered by the Group, through a growing network of community-based outreach clinics and surgical operating locations. In the year to March 2023 One Health serviced almost 12,000 new patients, through over 29,000 consultations and performed 5,790 surgical procedures. One Health uses surgeons and anaesthetists that are mostly employed by the NHS, on a consultancy basis. It currently works with over 100 professionals across seven hospitals and over 30 CQC registered clinics.

One Health's activities are focused on areas where the patient needs are under-supplied by the local NHS service as well as locations where population density is relatively high, and the level of private medical insurance is relatively low. One Health has also sought to expand geographically from its head office in Sheffield, South Yorkshire into neighbouring counties, which meet the required criteria. Currently, the Group's activities are focused in Yorkshire, Lincolnshire, Derbyshire, Nottinghamshire and Leicestershire. Revenue in the year to 31 March 2023 was derived from 60 Clinical Commissioning Groups in addition to contracts directly with NHS hospitals to manage their internal waiting lists.

One Health's business model has focused to date on four main areas: being Spine, Orthopaedics, General Surgery and Gynaecology. The split of inpatient procedures in the year to 31 March 2023 was as follows: Orthopaedics 44% Spine 27% General Surgery 22% Gynaecology 7%.

Orthopaedics and Spine are particularly attractive areas for One Health as the Directors believe that they benefit from powerful growth drivers in terms of an ageing demographic, physical inactivity and an increasing proportion of the population being categorised as obese. Within orthopedics, the most common surgeries performed by One Health are knee and hip replacements.

*(https://www.onehealth.co.uk/investors)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NEXEAAFEADEDFEA

Close

×

RNS Number : 4542T

Malvern International PLC

15 November 2023

 

REACH – NON REGULATORY

15November 2023

MALVERN INTERNATIONAL PLC

("Malvern" or the "Company")

 

Contract extension

Malvern International plc (AIM: MLVN), the global learning and skills development partner, is pleased to announce a contract extension with the University of East London ("UEL") for the teaching and recruitment of students into UEL's International Study Centre to the end of the 2024/25 academic year.

UEL's International Study Centre has welcomed its biggest intake of c450 students in September 2023, and is set for further year-on-year growth in the January 2024 intake and over the coming years as we build on our sales and marketing efforts and continue to provide high-quality foundation and pre-university education to international students.

Richard Mace, Chief Executive Officer, said:"This latest development is testament to the significant success we are having in growing UEL's international student offering, while we continue  discussions for a longer-term contract. The contract extension is in addition to our recruitment partnerships with UEL to increase the number of international undergraduate and post-graduate students enrolled across the university."

For further information please contact:
Malvern International Plc	www.malverninternational.com
Mark Elliott – Chairman	Via our website
Richard Mace – Chief Executive Officer

 

Notes to Editors:

 

Malvern International is a learning and language skills development partner, offering international students essential academic and English language skills, cultural experiences and the support they need to thrive in their academic studies, daily life and career development.

 

University Pathways – on and off-campus university pathway programmes helping students progress to a range of universities, as well as in-sessional and pre-sessional courses.

 

Malvern House Schools – British Council accredited English Language Training at English UK registered schools in London, Brighton and Manchester.

 

Juniors and summer camps – fully-immersive summer residential English language camps and bespoke group programmes for 13 to 18 year olds.

 

For further investor information go towww.malverninternational.com

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

NRABRBDBCUBDGXS

Close