Last 2.38 GBp
Change Today 0.00 / 0.00%
Volume 0.0
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As of 4:00 AM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

aec education plc (AEC) Snapshot

2.38 GBp
Previous Close
2.38 GBp
Day High
2.38 GBp
Day Low
2.38 GBp
52 Week High
12/3/13 - 4.75 GBp
52 Week Low
10/25/13 - 1.50 GBp
Market Cap
Average Volume 10 Days
-0.04 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for AEC EDUCATION PLC (AEC)

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aec education plc (AEC) Details

AEC Education plc, an investment holding company, provides educational consultancy services in Europe, South East Asia, and the Middle East. The company offers various educational programs and qualifications. Its educational courses include certificate, diploma, and pre-university programs; university degree and postgraduate programs; preparatory courses for professional examinations; and tuition services for secondary school students. The company also provides technical, vocational, and commercial education; English language teaching as a foreign language; and funded and commercial training services, as well as develops, manages, and markets educational technology solutions related products. AEC Education plc provides its English language teaching under the Malvern House brand. It has approximately 14,000 students enrolled on its courses. The company is headquartered in Singapore.

203 Employees
Last Reported Date: 06/3/14

aec education plc (AEC) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: 102.8K GBP
Finance Director, Director and Executive Dire...
Total Annual Compensation: 71.7K GBP
Compensation as of Fiscal Year 2013.

aec education plc (AEC) Key Developments

Aec Education Plc Announces Consolidated Earnings Results for the Year Ended December 31, 2013

Aec Education Plc announced consolidated earnings results for the year ended December 31, 2013. For the period, the company reported revenue of £11,303,878 compared to £15,093,194 a year ago. Operating loss was £1,678,608 compared to £3,520,751 a year ago. Loss before income tax was £1,728,803 compared to £3,576,157 a year ago. Loss for the year from continuing activities was £1,964,262 compared to £3,288,775 a year ago. Loss attributable to equity holders of the company was £2,904,688 or 4.17 pence per basic and diluted share compared to £3,174,361 or 6.59 pence per basic and diluted share a year ago. Net cash used from operating activities was £1,507,970 compared to £2,416,375 a year ago. Purchases of property, plant and equipment were £528,009 compared to £510,083 a year ago. Purchase of trademarks and licences was £16,099 compared to £9,594 a year ago. Statutory loss before tax was £2.73 million compared to £3.84 million a year ago. Statutory loss per share of 6.35 pence compared to 7.18 pence a year ago.

AEC Announces Executive Appointments

AEC announced that with immediate effect, Munish Rao and Sabin Joshi have joined the board as non-executive directors having been appointed as nominees of Cinnovation Incorporated pursuant to the subscription agreement, details of which were announced on 3 December 2013. Munish moved on to become a Manager in the Asset Management division of Capinnova Investment Bank (2011 - 2013) before Joining Cinnovation Group in 2013 as an Assistant General Manager. In 2011 Sabin Joshi joined Chaudhary Group as a General Manager.

Aec Education Plc to Amend By-Laws

Aec Education Plc announced that the company will seek shareholder's approval to adopt new articles of association of the company containing, the rights attaching to the Deferred Shares at the AGM to be held on December 20, 2013.


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