Taaleem Holdings PJSC

Taaleem Holdings PJSC held a board meeting on Thursday, October 3, 2024, from 3:00 PM to 5:00 PM, with all nine board members present, achieving a 100% quorum. During the meeting, the board approved the consolidated financial statements for the fiscal year ending August 31, 2024, and the Annual Integrated Report. They proposed to recommend to the Annual General Assembly (AGM) the distribution of cash dividends to shareholders amounting to AED 120 million (AED 0.12 per share, representing 12% of the company's paid-up share capital). Additionally, subject to approval from the Securities and Commodities Authority (SCA), the board set the AGM date for November 5, 2024.

The text is a formal letter from Alan Williamson, the Chief Executive Officer of Taaleem Holding PJSC, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holding PJSC on Thursday, October 3, 2024, at 3:00 PM. The meeting will take place at the company's premises and via remote attendance. The agenda includes considering and approving the consolidated financial statements for the twelve-month period ending August 31, 2024, discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.

Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE and the first private education company listed on the Dubai Financial Market (DFM: TAALEEM), announced its financial results for the first nine months and third quarter of the 2023/24 fiscal year, ending May 31, 2024. The company will host a Microsoft Teams session on July 10, 2024, at 3 p.m. GST to discuss these results, recent achievements, and developments. Shareholders are invited to register for the event to receive participation details. The AED 750 million raised in Taaleem's IPO will be used to expand its K-12 premium education schools in the UAE. For more information, visit www.taaleem.ae.

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported record revenues of AED 830.7 million for the nine-month period ending May 31, 2024, marking a 15.0% year-over-year increase. This growth was driven by a 32.9% increase in student enrolment, reaching 37,954 students, and the addition of six new government partnership schools. The company's EBITDA rose by 26.9% to AED 338.9 million, and net profit before tax increased by 38.9% to AED 277.6 million. Total student capacity grew by 27.1% to 42,953 seats, with a blended utilisation rate of 88.4%. The expansion includes the upcoming operations of Dubai British School Jumeira and the expansion of Greenfield International School for the academic year 2024/25.

On July 4, 2024, Taaleem Holdings PJSC held a board meeting from 3:00 PM to 5:00 PM, with seven board members present, achieving a 78% quorum. The Board approved and decided to publish the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2024. The meeting was chaired by Khalid Al Tayer, Chairman of the Board of Directors.

The letter from Alan Williamson, CEO of Taaleem Holdings PJSC, informs Hamed Ahmed Ali, CEO of Dubai Financial Market, about a scheduled Board of Directors meeting. The meeting will take place on Thursday, July 4, 2024, at 3:00 PM at the company's office and via remote attendance. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the nine-month period ending May 31, 2024, discussing routine business issues, following up on company activities, and addressing any other matters with the Chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.

Taaleem Holdings PJSC has signed a master agreement with Harrow International Schools Limited (HISL), effective June 2024. This agreement grants Taaleem the exclusive rights to own and operate Harrow International Schools in the UAE, Saudi Arabia, Bahrain, Oman, Qatar, and Kuwait. These schools will join Harrow's global network, known for its educational excellence, co-curricular programs, and emphasis on character development and leadership. This partnership aligns with Taaleem's strategy to enter the super-premium school segment and expand its presence in the Gulf Cooperation Council (GCC).

Taaleem Holdings PJSC has announced the official completion of the Dubai British School Jumeira (DBS Jumeira), a new addition to their network of Dubai British Schools. This new state-of-the-art facility, located in Jumeira along Dubai’s iconic water canal, is ready to welcome students for the academic year 2024/25. Designed to accommodate up to 1,900 students, the school features advanced educational technologies and extensive recreational facilities to enhance both academic and extracurricular experiences. Due to high demand, DBS Jumeira has already entered a waitlisting phase for enrollment. This marks the fourth school in Taaleem’s DBS network, demonstrating their commitment to providing premium education in the UAE and reflecting their dedication to advancing educational excellence and accessibility in the region.