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

Ann: GENERAL: IQE: IQE Resolution to Dive School Court...

  1. lightbulb Created with Sketch. 2
    • Release Date: 02/03/16 08:40
    • Summary: GENERAL: IQE: IQE Resolution to Dive School Court Proceedings
    • Price Sensitive: No
    • Download Document  1.77KB
    					IQE
    02/03/2016 08:40
    GENERAL
    NOT PRICE SENSITIVE
    REL: 0840 HRS Intueri Education Group Limited
    
    GENERAL: IQE: IQE  Resolution to Dive School Court Proceedings
    
    NZX/ASX RELEASE
    
    2 March 2016
    
    IQE - RESOLUTION TO DIVE SCHOOL COURT PROCEEDINGS
    
    A subsidiary of Intueri Education Group Limited, the New Zealand School of
    Outdoor Studies Limited which trades as the New Zealand School of Commercial
    Diver Training (NZSCDT), has advised that it has received the judgement of
    the District Court released on 29 February 2016, after pleading guilty to one
    charge laid by WorkSafe New Zealand under the Health and Safety in Employment
    Act 1992, in relation to a student fatality that occurred at NZSCDT in April
    2014.
    
    NZSCDT will pay reparation of $125,000 to the family and contribute $25,610
    towards their costs, in addition to incurring a fine of $53,625. Intueri has
    previously taken a provision in its accounts for likely penalties.
    
    CEO of Intueri, Rob Facer, said: "This was a tragic incident where a young
    man lost his life and we again extend our sincere condolences to the family
    of Mr Moien.
    
    "Safety is our primary concern. NZSCDT has run thousands of dives without
    incident in its 15 years of operation and continues to adopt systems and
    practices to continually improve health and safety throughout its activities.
    
    "We recognise it is our responsibility to ensure students have the necessary
    qualifications and abilities to undertake a course, and have introduced even
    further checks and processes at NZSCDT to verify a student's suitability for
    a course and to prevent events such as this happening again."
    
    -Ends-
    
    For more information, please contact:
    Rob Facer
    Chief Executive & Director
    +64 (0) 27 675 3538
    [email protected]
    End CA:00278634 For:IQE    Type:GENERAL    Time:2016-03-02 08:40:14
    				
 
watchlist Created with Sketch. Add IQE (NZSX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.