15 May 2020
Starcrest Education The Belt & Road Limited
("Starcrest" or the "Company" or the "Group")
Update on AGM
Starcrest Education The Belt & Road Limited (LSE: OBOR), the international developer and operator of education services in Europe, today provides an update with regard to its Annual General Meeting ("AGM").
In the audited final results for the year ended 31 December 2019, announced on 9 April 2020, the Chairman's Statement stated that it was the Company's intention to hold the AGM in May 2020. Due to current circumstances relating to the COVID-19 pandemic, the AGM has been postponed and is now planned to take place before 24 August 2020. Details for the meeting will be provided in due course.
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Enquiries:
| Starcrest Education The Belt & Road Limited John McLean OBE, Non-Executive Chairman |
+44 (0) 7768 031454 |
|
Allenby Capital Limited (Financial Adviser and Broker) John Depasquale / Nicholas Chambers |
+44 (0) 20 3328 5657 |
|
Yellow Jersey PR (Financial PR) Sarah Hollins Henry Wilkinson |
+44 (0) 7764 947137 +44 (0) 7951 402336 |
Notes to editors:
Starcrest is an international developer and operator of education services in Europe. The newly formed entity has been established to seek acquisition opportunities in the international education sector.
The Company intends to capture opportunities arising from the 'One Belt, One Road' ("OBOR") initiative, a foreign policy and economic strategy of the Chinese Government. The term derives from the Silk Road, the ancient trade route, and encompasses the overland 'Silk Road Economic Belt' and the '21st-Century Maritime Silk Road,' concepts introduced by Chinese President Mr Xi Jinping in 2013. These are the two major axes along which China proposes to economically link Europe to China through countries across Eurasia and the Indian Ocean. The OBOR initiative also links to Africa and Oceania.
Starcrest listed on the Main Market of the London Stock Exchange on 31 January 2019 under the ticker symbol (LSE: OBOR). Further information can be found on the Company's website at https://www.starcresteducation.com.
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