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OPENLEARNING LIMITED — Major Shareholding Notification 2019
Dec 15, 2019
65492_rns_2019-12-15_f0b38319-8d77-4efe-a13d-56ac5cf5376a.pdf
Major Shareholding Notification
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ASX Announcement | 16 December 2019
Notice of Initial Substantial Holder
Higher education software as a service (SaaS) company OpenLearning Limited (‘the Company’) provides the attached Notice of Initial Substantial Holder received by the Company from Prestariang Capital Sdn Bhd.
Prestariang Capital Sdn Bhd sold 30% of their shares as an on-market block trade on 12 December 2019. The remaining 9,608,749 shares held by Prestariang Capital Sdn Bhd are subject to voluntary escrow for 6 months (expiring 9 June 2020), further details of which are set out in the supplementary prospectus dated 12 November 2019 (released to the company announcements platform on 10 December 2019).
Justyn Stedwell
Company Secretary On behalf of the Board of Directors
For further information, please contact:
Company
Media & Investor Enquiries
Justyn Stedwell Julia Maguire Company Secretary The Capital Network P: +61 3 9191 0135 M: +61 419 815 386 E: [email protected] E: [email protected]
About OpenLearning
OpenLearning Limited is a software as a service company that provides a scalable online learning platform to education providers and a global marketplace of world-class courses for learners of all levels.
OpenLearning’s platform enables the delivery of project-based, social learning to encourage interaction among users and foster a community of collaborative learners. The company’s unique service provides a complete learning environment for all types of online education - from short courses through to microcredentials and online degrees.
With more than 1.72 million learners worldwide across over 8,000 courses provided by 60 education providers, OpenLearning is at the forefront of a new wave of online education delivery.
To learn more, please visit: www.solutions.openlearning.com
OpenLearning Limited (ASX: OLL) ACN 635 890 390 • Phone: +61 2 8294 9686 • Web: www.openlearning.com Address: Level 2, 235 Commonwealth Street, Surry Hills NSW 2010, Australia
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