Listed Queensland based childcare and education center operator G8 Education Limited (ASX:GEM) is pleased to provide this settlement update in relation to the acquisition of childcare and education centres announced to the market during 2014.
During September 2014, G8 Education settled 28 childcare and education centres, adding 1,887 places in Australia.
The acquisitions have been funded from existing cash reserves.
The G8 Education group now has 403 childcare and education centres in Australia, with a daily licence capacity of 28,801 children. The groups ownership in Singapore remains unchanged at 18 childcare
Name of entity G8 Education Limited ABN 95 123 828 553
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
the director for the purposes of section 205G of the Corporations Act. Name of Director JENNIFER JOAN HUTSON Date of last notice 23.8.13
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should
be disclosed in this part. Direct or indirect interest Both
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Jennifer Joan Hutson or an entity controlled by Jennifer
Joan Hutson Date of change 15.08.14 No. of securities held prior to change 1,650,000 Class Fully paid ordinary shares Number acquired 150,000 Number disposed 0
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
$778,500 No. of securities held after change 1,800,000 fully paid ordinary shares (ASX:
OCV Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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