Australia's Janison Education jumps on deal with Cambridge University Press

Janison Education

15/09/2022 02:41

** Shares of Janison Education Group Ltd  JAN.AX  jump as
much as 10.5% to A$0.420 in their biggest intraday pct gain
since July 7
    ** Education tech firm signs global agreement with Cambridge
University Press and Assessment (https://bit.ly/3LdY4Aa)
    ** Deal to provide digital assessment technology and event
support services to Cambridge to develop a range of existing and
new assessment products 
    ** Says three-year deal is worth about A$1 mln ($675,300)
    ** Says final products are expected to be launched in the UK
and Europe in 2H FY23 
    ** Shares touch their highest since Aug. 22
    ** Stock had fallen 71.2% this year, as of last close 

($1 = 1.4808 Australian dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))