News: RDH Redhill Education Sees Balance Of FY20 Revenues To Be Materially Impacted By...

March 23 (Reuters) - Redhill Education Ltd (RDH) :

• EXPECTS FY20 BALANCE OF YEAR REVENUES TO BE MATERIALLY IMPACTED BY INTERNATIONAL TRAVEL BANS
• IS NOT IN A POSITION TO PROVIDE A RELIABLE FORECAST GIVEN LEVEL OF UNCERTAINTY AROUND IMPACT OF COVID-19
• HAS TEMPORARILY CEASED DELIVERING FACE-TO-FACE COURSES AT ALL OF ITS CAMPUSES SINCE 18 MARCH 2020
• CONFIRMS THAT ALL COURSES AND PROGRAMMES WILL BE DELIVERED 100% ONLINE
• NO COURSES OR PROGRAMMES HAVE BEEN CANCELLED OR DEFERRED AS PART OF THIS TRANSITION TO ONLINE DELIVERY
• REVOKED DECISION TO MAKE FULLY FRANKED DIVIDEND PAYMENT OF $0.02 PER ORDINARY SHARE