Issue of Equity
Malvern International plc (AIM: MLVN), the provider of educational services in the UK, Europe and Asia, is pleased to announce that it has received the Tranche 2 of share subscription from Sam Malafeh, Deputy Chief Executive Officer, which was agreed on his appointment and outlined in an announcement dated 5 September 2016. Gopinath Pillai, Chairman, commented: “As Chairman, I am indeed happy to see Dr.Sam Malafeh’s second contribution to the equity of the company. The spirit behind this payment is more important than the money itself. It shows that Sam as the Deputy CEO is confident of the future of the company and feels his investment is safe and is likely to grow. We […]
