IQE 0.00% 1.1¢ intueri education group limited (in liquidation)

Ann: GENERAL: IQE: IQE - No Action to be taken by FMA

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    • Release Date: 15/12/15 16:13
    • Summary: GENERAL: IQE: IQE - No Action to be taken by FMA
    • Price Sensitive: No
    • Download Document  1.33KB
    					IQE
    15/12/2015 16:13
    GENERAL
    PRICE SENSITIVE
    REL: 1613 HRS Intueri Education Group Limited
    
    GENERAL: IQE: IQE - No Action to be taken by FMA
    
    15 December 2015
    
    IQE -NO ACTION TO BE TAKEN BY FMA
    
    Intueri Education Group (IQE) advises that the Financial Markets Authority
    (FMA) has reviewed certain aspects of its 2014 prospectus and concluded that
    no further action is warranted at this time.
    The FMA did express a view, relevant to its guidelines, that certain elements
    of the prospectus could have been more clearly and effectively described, and
    has recommended Intueri give further consideration as to how student
    enrolment data is disclosed in future communications. As outlined in its
    December 2015 shareholder newsletter, IQE has provided an explanation of its
    key enrolments metrics and is looking to provide this data in its future
    reporting.
    Chairman of Intueri, Mr Chris Kelly, said: "The Intueri Board is committed to
    being transparent and open in all communications, providing shareholders with
    useful and relevant information and ensuring the company meets its regulatory
    obligations."
    
    -Ends-
    
    For more information, please contact:
    
    Rob Facer
    Chief Executive & Director
    +64 (0) 27 675 3538
    [email protected]
    
    Chris Kelly
    Chairman
    +64 (0) 27 249 8883
    [email protected]
    End CA:00275175 For:IQE    Type:GENERAL    Time:2015-12-15 16:13:20
    				
 
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