Starcrest Education Limited Directorate Change (5554P)
21 Junio 2022 - 1:00AM
UK Regulatory
TIDMOBOR
RNS Number : 5554P
Starcrest Education Limited
21 June 2022
21 June 2022
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse (amendment) (EU Exit) Regulations 2019/310. Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
Starcrest Education Limited
("Starcrest" or the "Company" or the "Group")
Directorate Change
Starcrest Education Limited (LSE: OBOR), the international
developer and operator of education services in Europe, advises
that it has received and accepted a letter of resignation from its
Non- Executive Chairman, John McLean, effective 20 June 2022. In
light of this, Jasbeer Singh and David Lim, Non-Executive
Directors, have been appointed as the interim Co-Chairman of the
Company. Starcrest will seek to recruit a replacement Chairman in
due course.
Starcrest continues to advance the respective workstreams in
respect of the Proposed Acquisition, as originally announced on 23
March 2022. In this regard, Starcrest is pleased to announce that
it is currently in the process of engaging with and appointment of
advisers for the acquisition exercise.
A further announcement will be made as and when appropriate.
Commenting today, Executive Director, Jeff Zhang said:
"The Board would like to thank John for his invaluable
contribution to the Company since joining as Non-Executive Chairman
in January 2019. We wish him all the best in his future
endeavours."
- Ends -
Enquiries:
Starcrest Education
Jeff Zhang, Executive Director +44 (0) 7768 031454
Yellow Jersey PR (Financial PR)
Sarah Hollins
Henry Wilkinson +44 (0) 20 3004 9512
Notes to editors:
Starcrest is an international developer and operator of
education services in Europe. The Company was established to seek
acquisition opportunities in the international education sector and
to provide premier education services and products in the UK and to
countries in Europe.
Starcrest listed on the Main Market of the London Stock Exchange
on 31 January 2019 under the ticker symbol (LSE: OBOR). Further
information can be found on the Company's website at
https://www.starcresteducation.com .
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END
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June 21, 2022 02:00 ET (06:00 GMT)
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