Taaleem Holdings PJSC

Taaleem Holdings PJSC held a board meeting on Wednesday, March 5, 2025, from 3:00 PM to 5:00 PM. All nine board members were present, achieving a 100% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was CEO Alan Williamson.

A letter dated 3 March 2025 from Alan Williamson, CEO of Taaleem Holding PJSC, is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market. The letter informs him about a Board of Directors meeting scheduled for 5 March 2025 at 3:00 pm, to be held at the company's office and via remote attendance. The meeting will cover routine business issues, company activities, and any other matters approved by the Chairman. A copy of the letter is also sent to the Securities and Commodities Authority.

Taaleem Holdings PJSC, a prominent K-12 education provider in the UAE, has announced the signing of a Musataha Land Lease Agreement with the Abu Dhabi Department of Education and Knowledge. This agreement, in partnership with Harrow International Schools Limited and the Abu Dhabi Investment Office, will facilitate the launch of Harrow International School Abu Dhabi. The school will be located on a 70,369 sqm plot on Saadiyat Island, known for its cultural and luxury offerings. Harrow International School Abu Dhabi will feature modern facilities and a British-style curriculum, enhancing Taaleem's portfolio and addressing the demand for high-quality educational institutions in the region. The school aims to provide an exceptional educational experience and strengthen Taaleem's educational offerings.

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported strong financial results for Q1 2024/25. The company achieved operating revenues of AED 306.1 million, marking a 14.8% increase compared to the previous year. Net profit rose by 46.3% to AED 68.2 million, with a margin increase to 22.3%, partly due to a one-off deferred tax from the previous year. The company saw a 12.3% increase in student enrolment and a 3.0% rise in average gross tuition fees for premium schools. Taaleem expanded its operations by acquiring Lycée Libanais Francophone Privé Meydan and assets from Amity, with a total capital expenditure of AED 437.5 million. The company's EBITDA increased by 7.6% to AED 108.0 million. The addition of two premium schools and one new PPP school increased the total number of schools to 34, with significant growth in both premium and PPP segments. However, the rapid expansion led to a temporary decline in utilisation rates for the premium segment.

Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the three-month period ending on November 30, 2024.

On January 9, 2025, Taaleem Holdings PJSC held a board meeting from 3:00 PM to 5:00 PM with seven board members present, achieving a quorum of 77.8%. The board approved and agreed to publish the Interim Condensed Consolidated Financial Statements for the three-month period ending November 30, 2024. The meeting's authorized signatory was Khalid Al Tayer, Chairman of the Board of Directors.

The letter informs Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, about a scheduled Board of Directors meeting for Taaleem Holdings PJSC. The meeting will take place on Thursday, January 9, 2025, at 3:00 pm at the company's office and via remote attendance. The agenda includes considering and approving the interim condensed consolidated financial statements for the three-month period ending November 30, 2024, discussing routine business issues, following up on company activities, and addressing any other matters with the Chairman's permission. The letter is signed by Alan Williamson, CEO of Taaleem Holdings PJSC, with a copy sent to the Securities and Commodities Authority.

The board meeting of Taaleem Holdings PJSC took place on Thursday, December 12, 2024, from 3:00 PM to 5:00 PM. Eight board members were present, achieving an 89% quorum. The meeting involved discussions on routine business matters and a review of the company's activities. The authorized signatory for the meeting was Khalid Al Tayer, the Chairman of the Board of Directors.

The letter is from Alan Williamson, the Chief Executive Officer of Taaleem Holdings PJSC, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. It informs him about a scheduled Board of Directors meeting for Taaleem Holdings PJSC on Thursday, December 12, 2024, at 3:00 pm. The meeting will be held at the company's office and via remote attendance to discuss routine business issues, follow up on the company's activities, and address 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 announced its acquisition of Lycée Libanais Francophone Privé Meydan (LLFP Meydan), a French curriculum school in Dubai with a capacity for 1,900 students. This acquisition complements Taaleem’s existing network of UK, IB, and American curriculum schools, enhancing its diverse educational offerings. LLFP Meydan currently enrolls 1,300 students from 26 nationalities, focusing on the French curriculum. Located in the rapidly developing Meydan area of Dubai, the school spans over 35,700 square meters with seven environmentally friendly buildings. In its first KHDA inspection in 2024, the school was rated 'Very good' with several 'Outstanding' features. The acquisition aligns with Taaleem's mission of educational excellence and will be integrated into its financials in FY2024/25.