Wey Education Plc

Delivering
Superior
Education
Online

About Wey Education

Wey Education plc is the AIM listed holding company of an educational group providing services online worldwide.

Using state of the art digital technology, Wey operates two established divisions – InterHigh, a non-selective fee paying online secondary school, established in 2005 and a B2B division serving other educational providers, schools, local authorities and other public bodies under two brands, Wey ecademy and Academy21. Wey is also developing two additional schools – Quoralexis, an online language school teaching English as a Foreign Language, and Infinity Education, a premium fee paying online school offering a selective education.

With a 13 year track record, Wey is the UK’s leading company in this sector and has successfully educated thousands of students over its history. Although “for profit”, Wey is conscious that its services directly affect the lives of its pupils and students and therefore strives to ensure they achieve outstanding progress and outstanding results.

We can help you achieve higher standards of education for pupils, school and parents

Our People

David L Massie (Executive Chairman)

David has over thirty years’ experience in financial services; as well as his advisory work, has acted as Chairman of a number of publicly quoted and privately owned companies.

He has worked throughout Europe and North and South America and has been ranked as one of the “Outstanding Chairmen in the United Kingdom” in relation to his non-executive roles.

David is Chairman and CEO of IAF Capital Limited, a corporate finance and investment management firm, authorised and regulated by the Financial Conduct Authority. David acts and has acted as advisor to the United Kingdom Government and several overseas governments.

Jacqueline Daniell (Executive director)

Jacqueline is one of the founders and was previously the Chief Executive of InterHigh whose roles have included overseeing enrolments, partnerships and new ventures.

Jacqui studied Architecture at Nottingham University, and later part time postgraduate degrees in Management at Glamorgan and Town and Country Planning at the University of West of England, Bristol, and spent most of her career working as a Project Manager on large building development projects. In 2005 she was involved in the design of InterHigh and then took on the administrative responsibilities of the school.

Tony Knowles (Executive director)

Tony has over 25 years’ experience in Human Resource Management and has worked at Executive and Board level across a range of industry sectors.

He is a graduate and has a post graduate in personnel management. He has worked and led HR functions throughout the UK and EU as well as North America and Asia. Previously, he worked in Financial Services and more recently for a number of technology businesses successfully supporting acquisition and divestiture programmes.

John Bridges (Non-executive director)

John Bridges has worked in the City for over fifty years. The majority of his first twenty years was in institutional stockbroking and the remainder in public company corporate finance.

Dame Erica Pienaar (Non-executive director)

Erica has had a long and distinguished career in education and was appointed a Dame for her services to education in the 2014 Queen’s birthday honours list.

Until her retirement in September 2013, she was Executive Head Teacher of the Leathersellers’ Federation of Schools. The Federation was established in September 2008 in Lewisham and comprises three Colleges: Prendergast-Hilly Fields College, Prendergast-Ladywell Fields College and Prendergast-Vale College. The federation is a “hard federation” led by a single governing body.

She began her career as a Science Teacher in 1973 and taught for 40 years in South East London. She was the Head Teacher of Prendergast School (Hilly Fields) from 1998 to 2008. At Crofton School (renamed Prendergast-Ladywell Fields College), Erica substantially improved the fortunes of the school which had been a struggling school with a falling student roll.

Barrie Whipp (Non-executive director)

Barrie is Executive Chairman of Crimson Tide Plc (AIM:TIDE) which he founded in 1996 and formulated the ideas behind the Group’s mpro5 solution in 2003.

Previously, he founded the financial services arm of Tiphook plc and was Group Managing Director of IAF Group Plc. He served as a non-executive director of Wills Group plc as well as a number of private companies.

Barrie has a particular interest in education, having served as a Governor of Frant Church of England Primary School for 8 years, latterly as Chair of Governors. He has an Honours degree in History from the Open University and currently studies online with the University of Derby.

Barry Nichols-Grey (Company Secretary)

Barry is a Chartered Accountant who qualified with PwC in 2012. Prior to joining Wey, he was Finance Director at Dezrez Services Limited, a SaaS provider to the UK estate agency industry.

Barry studied Economics at Royal Holloway, University of London and spent two years working at the Financial Services Authority before returning to Wales to commence his accountancy training and has a wide range of experience working with businesses ranging from start-ups to plcs.

Our Group

The Group’s main operating divisions are:

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InterHigh founded in 2005, has a 12 year track-record of delivering online schooling for UK based and international fee-paying pupils. Our virtual school offers pupils a fresh relationship with learning. From small beginnings the school now caters for approaching 1000 pupils between 10 and 19 years old, offering a wide range of IGCSE, A/S and A-Level subjects. It is a complete school with full academic, pastoral and enrichment programmes ensuring that the young men and women who join the school study successfully for their future career choices.

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Wey ecademy provides services and tuition to other education providers and schools both in the UK and overseas across a broad range of subjects and curricula. This can be teaching of individual subjects including iGCSE and A levels or specialist vocational courses. We also offer short term support for a young person with the aim of re-engaging them in their education and we can offer a more comprehensive longer term service depending on what is required.

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Academy21 is a specialist in providing 'Alternative Provision' online. It delivers services designed to help schools, local authorities and other public bodies such as children's homes meet the challenge of delivering short, medium and long term provision for pupils with complex behavioural, medical and mental health issues. It provides a balance of academic challenge and educational engagement through quality teaching and learning with flexible study programmes - responding directly to the challenges schools and local authorities face in securing high quality, cost effective alternative education provision.

The Group’s developing divisions are:

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Infinity Education is the UK’s leading premium online school offering a selective education. Our qualified specialist subject teachers use cutting edge technology to provide real time lessons in a wide range of subjects. Our pupils aim to achieve top grades at both GCSE and A Level and move on to study at leading universities in the UK and abroad. We offer a broad educational experience designed to equip our pupils with the confidence and the skills to succeed. Infinity Education provides the needs of the 21st Century teenager, helping them to achieve exceptional academic standards and outcomes.

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Quoralexis Learning delivers online English language provision to learners of EFL (English as a Foreign Language) and EAL (English as an Additional Language). We deal directly with other educational providers and institutions, both in the UK and overseas, to meet their individual and group teaching and learning requirements, by providing online English language classes for playgroups, kindergartens, primary schools, secondary schools, study-centres, colleges and universities. The B2B nature of our provision offers significant flexibility to the providers we work alongside, allowing them to offer a range of online English language courses at all levels and for all abilities.

London Learning Centre

Wey Education’s London Learning Centre offers the best in a broad range of online academic courses all year round.

Wey Education learning centre

No other centre will match such a unique central London experience. Find out what courses we are running today and join us this summer to try something new.

Dates

University Preparation Course
30th January to 13th February 2019

University Preparation Course - £495

English Language for Business
16th January to 30th January 2019

English Language for Business - £495

To enrol on any of our courses, please complete the form opposite and we will reply by email to confirm your place.

Careers

With 12 years in the education industry, Wey Education prides itself on its quality of service and seeks excellence from all its employees.

We are always looking for highly exceptional, enthusiastic and dedicated candidates to join our group that have good technical and interpersonal skills.

We pay competitive salaries which reward employee progress and effort, this enables us to recruit and retain high-calibre individuals, so If you think Wey Education can benefit from your skill set please complete the form opposite.

Investors

Governance

The Board is responsible for the governance of the Company, governance being the systems and procedures by which the Company is directed and controlled. A prescribed set of rules does not itself determine good governance or stewardship of a company and, in fulfilling their responsibilities, the Directors believe that they govern the Company in the best interests of the shareholders, whilst having due regard to the interests of other ‘stakeholders’ in the Group including, in particular, customers, employees and creditors.

High standards of Corporate Governance are a key priority of the Board and details of how the Company addresses key governance issues are set out in the Corporate Governance section of this website by reference to the 12 principles of Corporate Governance developed by the Quoted Companies Alliance.

Significant Shareholders

As at 31 August 2018 the Company had been notified of the identity and percentage holdings of the Company’s significant shareholders as set out in the table below:

Shareholder Name (* Director)Number of Shares% Holding
Livingbridge VC LLP27,142,85620.77%
David L Massie*23,417,51517.92%
Miton Group17,536,97213.42%
Paul Daniell and Jacqueline Daniell*13,065,15710.00%
Unicorn AIM VCT plc9,772,7287.48%
Guiness Asset Management5,714,2864.37%

There are no restrictions on the transfer of Wey Education’s AIM shares. The Company is not listed on any other exchanges or trading platforms.

AIM Rule 26

This section of the website contains information required to be disclosed by AIM Rule 26 of the AIM Rules for Companies.

Business Description

A description of the business can be found at Our Group.

Company Directors

The names and brief biographical details of the directors are available at Our People.

Corporate Governance

A description of matters relating to Corporate Governance and the Board and Board Committees are included in the Corporate Governance section.

Incorporation

Wey Education plc is a company incorporated in England and Wales with company number 06342555.  The main country of operation of the Company is England.

Constitutional Documents

The Company’s Memorandum and Articles of Association are available in the Reports section.

Shares in Issue

As at 31 August 2018 the Company has 130,707,120 shares in issue, of which 62.6% are not in public hands.

All notifications made by the Company

All notifications are available in the Company Announcements section.

Admission Document

A copy of the Company’s Admission Document is available for download.

UK City Code on Takeovers and Mergers

The Company is subject to the UK City Code on Takeovers and Mergers.

Advisers

Company Name

Wey Education plc (incorporated in England & Wales)

Company Secretary

Barry Nichols-Grey

Registered Office

Third Floor
43-44 New Bond Street
Mayfair
London
W1S 2SA

+44 207 518 9700

Auditors

Shipleys LLP
10 Orange Street
Haymarket
London
WC2H 7QD

+44 207 312 0000

Registrars

Neville Registrars Limited
Neville House
18 Laurel Lane
Halesowen
West Midlands
B13 3DA

+44 121 585 1131

Nominated Advisor and Broker

W H Ireland
4 Colston Avenue,
Bristol,
BS1 4ST,
United Kingdom

+44 117 945 3420

In the Media

RSS WEY – DirectorsTalk

  • Online education market in China predicted to hit $38.6 billion by the end of 2018 17th October 2018
    Online education is continuing to see huge growth in China, with the market predicted to hit 267 billion yuan ($38.6 billion) by the end of 2018, up 27.3 % year-on-year, said an industry report which was released on Monday. A total of 7.4 billion yuan was invested in quality-oriented education in the first half of […]
  • Online Education Doesn’t Make Your Kids Weirdos 10th October 2018
    Public school did not work for my kids. After a great start in kindergarten, both of our children began to hate being at school, and having to go to school every day was turning them into disgruntled, angry, unhappy children who were beginning to show signs that their love of learning was being squashed. That […]
  • 6 benefits of opting for online education 4th October 2018
    Traditional colleges and universities face several challenges. Many students are looking for alternatives because conventional education entails higher tuition and limited courses, just to name two of the difficulties. Millions of students around the world are taking part in an online education. Online learning’s reputation improved dramatically, thereby, helping it expand. It’s proven that online […]
  • Wey Education Plc Encouraging Start to Current Financial Year 1st October 2018
    Wey Education Plc (LON: WEY) the educational services group today announced an update in relation to its proposed joint venture in China. The board had hoped to conclude all matters to do with its proposed joint venture by the end of September. Wey wishes to ensure that the arrangements in place for corporate governance and […]
  • 6 benefits of opting for online education 27th September 2018
    Traditional colleges and universities face several challenges. Many students are looking for alternatives because conventional education entails higher tuition and limited courses, just to name two difficulties. Millions of students around the world are taking part in online education. Online learning’s reputation improved dramatically, thereby, helping it expand. It is proven that online learning is […]
  • Why we chose online school for our teen 24th September 2018
    Anyone who’s ever heard me stumble through trying to explain the identifiable traits of a mammal, watched me do 5th grade math, or listened to one of my annual rants about why we shouldn’t be celebrating Columbus Day knows I’m ill-equipped to be a teacher. Needless to say, my two daughters have never and will […]

Contact Us

For all enquiries please email us at info@weyeducation.com or write to us at:

Wey Education plc
Third Floor
43-44 New Bond Street
London
W1S 2SA

T: +44 207 518 9700