REG - Malvern Inter. PLC - Update on ELT operations

Malvern InternationalAnnouncement

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RNS Number : 0426T  Malvern International PLC  16 February 2026

 

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

 

 

16 February 2026

 

Malvern International PLC

("Malvern")

 

Update on ELT operations

 

Malvern International plc (AIM: MLVN), a global partner in learning and skills
development, announces that, after a considered review, the Board has decided
to reshape the Group's English Language Teaching (ELT) operations to focus
exclusively on the profitable and growing areas of the Group, Pathways and
Junior ELT / young learner camps and groups.  As a result, the Group will be
closing its loss-making Adult ELT provision over the next two weeks.

The closure of Adult ELT will create annual savings of between £0.2m and
£0.6m for the year ending 30 September 2027. The immediate cost of closure
for the year to 30 September 2026 is expected to be approximately £0.3m,
largely due to staff redundancies. The goodwill value of the Manchester entity
has been written off in the nine-month period ended 30 September 2025.

Current and prospective Adult ELT students from both our Manchester and London
schools will transition to a competitor school under the deal. Our Manchester
school's premises will be taken over by the new school through a sublease. The
building lease in London will be retained, and the Company is seeking to
utilise the space for higher-margin higher education students.

Mark Elliott, Chairman of Malvern International, said: "Following a detailed
review, the Board concluded that a return to historic performance levels in
Adult ELT is unlikely in the near term. As a result, we have made a considered
decision to reshape ELT to allow us to focus on the strongest parts of the
business - Higher Education and Juniors - improving earnings quality going
forward."

 

For further information, please contact:

 

 Malvern International Plc                www.malverninternational.com (http://www.malverninternational.com/)

 Richard Mace - Chief Executive Officer   Via Zeus

 Zeus - Nominated Adviser and Broker      https://zeuscapital.co.uk/

 Mike Coe / James Bavister                0203 829 5000

 

 

 

 

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 provides on- and off-campus in-sessional and pre-sessional
programmes to support international students in progressing to a wide range of
universities and undergraduate courses. Malvern assists its university
partners with international student recruitment and conversion, admissions,
fee collection, and course delivery, including teaching, orientation, and
student support.

English Language Teaching is provided to young learners through fully
immersive residential English language centres and customised language
programmes at high-quality locations.

For further investor information go to www.malverninternational.com
(http://www.malverninternational.com) .

 

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