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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nord Anglia ED. | LSE:NAE | London | Ordinary Share | GB0006582729 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 461.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:1431Q NordAnglia Education PLC 25 September 2003 FOR IMMEDIATE RELEASE 25 SEPTEMBER 2003 NORD ANGLIA EDUCATION PLC Investor / Analyst Site Visit International Schools : Warsaw Nord Anglia Education PLC ("Nord Anglia"), the education and training company, is holding a site visit today for institutional investors and analysts at its new international school, in Warsaw, Poland. Nord Anglia's International Schools offer a British-style education to expatriate children and, in some countries, to indigenous families. In addition to its 12 UK schools, the Group operates nine schools in Central and Eastern Europe and the Far East. The Board believes that there are excellent opportunities for further growth of the International Schools business both in existing and new markets. The International Schools are a key growth area for the Company. Turnover has grown by 29% and contribution by 49% during the last 12 months. Nord Anglia currently has three locations in Warsaw catering for 450 students. On 5 September 2003, Nord Anglia announced that it proposes to raise #10 million (#9.3 million net of expenses) by means of a Placing and Open Offer. Simultaneously, Nord Anglia announced the acquisition of an operator of nine nursery units across South West London and Surrey for a total consideration of #3.2 million. The fundraising, which has been fully underwritten by Brewin Dolphin Securities, is due to complete on 30 September 2003. Additionally, Nord Anglia announced a restructuring of the Group, which will focus the business on the three core areas that have the greatest growth potential - Outsourcing, Nurseries and Schools. On 5 September, the Group commented that since the announcement of its interim results, trading has been in line with the Board's expectations, and as a result, the Directors expect to report a satisfactory result for the year ended 31 August 2003. Nord Anglia intends to issue its full year figures for the year ended 31 August 2003 in November 2003. For further information, please contact: Kevin McNeany, Chairman Andrew Fitzmaurice, Chief Executive Officer Nord Anglia Education PLC www.nordanglia.com Tel No: 0161 491 8404 Sandy Fraser Tel No: 0131 225 2566 Richard Evans Tel No: 0161 839 4222 Brewin Dolphin Securities Ltd www.corporatefinance.brewin.co.uk Lisa Baderoon (lisab@buchanan.uk.com) Buchanan Communications: M: 07721 413 496 www.buchanan.uk.com Tel No: 020 7466 5000 This information is provided by RNS The company news service from the London Stock Exchange END MSCEAKNLAASDEFE
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