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RNS Number : 9774E Malvern International PLC 02 November 2022
This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.
2 November 2022
MALVERN INTERNATIONAL PLC
("Malvern", the "Company" or the "Group")
Trading update
Malvern International plc (AIM: MLVN), the global learning and skills
development partner, is pleased to provide a trading update ahead of the
General Meeting being held later today.
University Pathways
Whilst numbers are not yet certain, based on deposits, we expect this coming
January's student intake for pathways to be significantly ahead of the
previous January's intake and management's budget. This is the product of the
strategic investment over the last two years in sales and marketing,
management team and processes within our University Partnerships structure.
English Learning Training ("ELT") and Juniors
The results from our Summer British Council inspection of our Language in
Action junior programmes have been published and are available to view on this
link
(https://www.britishcouncil.org/sites/default/files/language_in_action_full_2022_published.pdf
(https://www.britishcouncil.org/sites/default/files/language_in_action_full_2022_published.pdf)
). The final result is excellent and puts us in the top quartile of
inspections in the industry. The Malvern Board see this as a great result not
only for the team running the Junior division but for ongoing marketing of our
products for 2023 and beyond. Our next full inspection of Junior programmes is
due in 2026.
For ELT, Q4 is a period where the sales cycle begins for 2023. Our team will
be attending events and focusing on building our international agent network.
The Board believes Malvern in a strong position to grow its market share in
2023 and beyond.
For further information please contact:
Malvern International Plc www.malverninternational.com (http://www.malverninternational.com/)
Mark Elliott - Chairman Via our website
Richard Mace - Chief Executive Officer
WH Ireland (NOMAD & Broker) www.whirelandcb.com (http://www.whirelandcb.com/)
Mike Coe / Sarah Mather 0207 220 1666
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.
Malvern Online Academy - British Council accredited online school, offering
supported tuition to students from around the world in English language,
higher education, and professional education.
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 to www.malverninternational.com
(http://www.malverninternational.com/)
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