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