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 14 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

Barrie Whipp (Interim Chairman)

Barrie is Interim Chairman and 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.

Jacqueline Daniell (Interim CEO)

Jacqueline is one of the founders of both InterHigh School and Academy21. She was previously the Chief Executive of InterHigh School where she led the operations and strategic direction with full responsibility for all the online school service delivery.

Jacqueline studied Architecture at Nottingham University, and later gained Masters degrees both in Management and in Town and Country Planning. She spent much of her career working in Project Management, creating and implementing sustainable regeneration programmes both in the Midlands and in South Wales. In 2005 she became involved in the design of an online secondary School – InterHigh, then gaining international and domestic Quality accreditations for this provision.

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.

Barry Nichols-Grey (Executive Director)

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.

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.

Our Group

The Group’s main operating divisions are:

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InterHigh founded in 2005, has a 14 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 9 and 24 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

Careers

With 14 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 25 February 2019 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
Gresham House Asset Management Limited27,142,85620.77%
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%
Guinness 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 25 February 2019 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

  • Mum explains why her kids haven’t been to school for five years 20th March 2019
    Every parent wants the best for their child – and for one Wirral family that meant making the decision to pull their two sons out of school and go it alone with home education. The decision to home educate can be influenced by a wide range of factors, from wanting to offer an alternative to […]
  • Why Are So Many People Opting for Online Education? 15th March 2019
    Most people know only too well how important education is when it comes to their  career and their future. It’s true for everyone. Making sure you gain the relevant knowledge, skills, and qualifications to improve your future is vital, as it can affect everything from your job satisfaction to your finances, lifestyle, and quality of […]
  • Why making InterHigh your first choice means you don’t miss out 11th March 2019
    On National Offer Day many pupils in England find out if they have been successful in getting a place at their first-choice secondary school. Many are expected to miss out as the demand for places has increased sharply due to an increase in birth rates in the early noughties. Many families who did not get […]
  • Online Education: From Good To Better To Best? 6th March 2019
    For a while now, online education has been a good option for students who, for various reasons, can not access on-the-ground education. And although there are still examples of rudimentary online courses out there (think compliance training), both the technology and the pedagogy powering online learning have gotten considerably better over the last decade. And […]
  • How is Online Learning Mightier than Traditional Learning 2019? 27th February 2019
    Online learning has spread the wings of education and freed it from the ‘chalk and board’ environment of the traditional classrooms. In the recent decade, the academic realm is experiencing an internet revolution that indicates an enormous market for e-learning. Wey Education plc (LON:WEY) is the AIM listed holding company of an educational group providing […]
  • Pupil Interview: Entrepreneur Henry Paterson 22nd February 2019
    Henry Paterson set up his first business aged just nine-years-old. He has since launched several more business ventures, written a book and regularly gives talks at major events and conferences. We asked him about his business career and experiences at InterHigh. Why did you join InterHigh and how does it compare to your previous educational […]

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