Proposed Acquisition & Placing of Communicate English School Limited & New Ordinary Shares
The Company announced on 16 May 2018 that it had exchanged a conditional agreement to acquire the entire issued share capital of Communicate English School Limited for a consideration of £2.34 million, subject to adjustments for surplus cash on Completion. The consideration is to be satisfied on Completion as to £1.65 million in cash and £0.69 million by the issue of 13,800,000 New Ordinary Shares at a price of five pence each. In order to meet the cash element of the Consideration and to provide additional funding for the Enlarged Group, the Company has also announced a conditional placing of up to 100,000,000 New Ordinary Shares to raise a total […]
Partnership Agreement with University of East London
[vc_row][vc_column][vc_column_text]Malvern International Plc, the global learning and skills development partner, is pleased to announce a partnership agreement with the University of East London (‘UEL’) which will see Malvern established as a partner college with UEL, delivering pre-sessional foundation and English language courses for international students at both Degree and Masters levels. The courses will develop the students’ English language skills and prepare them academically for university-level study; initially at undergraduate level but with pre-Master’s programmes due to come on stream in 2019. Students taking the pathway course will be fully enrolled as UEL students, giving them the benefit of on-campus accommodation and access to all University facilities and services. In addition […]
