Bli medlem
Bli medlem

Du är här

2017-02-01

Internationella Engelska Skolan: Internationella Engelska Skolan applies to open new schools

Internationella Engelska Skolan i Sverige AB (IES) has applied to the
Swedish Schools Inspectorate (Skolinspektionen) for permission to
establish and run five new schools. Each application is for
permission to open from 2019 or later and to educate students from
pre-school until the end of middle school. The applications relate to
plans to open schools for grades F-9 in Österåker, Östersund,
Skellefteå, Huddinge (Länna) and Ekerö. These applications are the
first step in the process and allow for decisions to be made at a
later stage about whether to go ahead with each school and which
year-groups to open. IES has also applied for permission to expand
two current schools by introducing grades F-3 in Halmstad and
Huddinge from 2019 onwards.

Jörgen Stenquist, Vice CEO of Internationella Engelska Skolan, is
responsible for the expansion of the organisation.

He said: "These applications for permission to open are the first
important step in the development of any planned schools. There is
plenty for us still to consider when it comes to finding appropriate
buildings, securing planning permission, and the work required to
turn any buildings we do take into first-class educational
facilities."

IES works to create good working relationships with municipalities to
ensure favorable conditions for long-term partnerships.

Mr Stenquist said: "In each case we aim to open a school which
compliments the existing municipal schools, offering families who
choose to study with Internationella Engelska Skolan an alternative
when it comes to education. Half of the education at IES schools is
carried out in English and half in Swedish, while the schools follow
the Swedish national curriculum.

"When it comes to Österåker, Ekerö and Länna we know there is a high
level of interest from parents and students, as large numbers of
students from those municipalities already attend our existing nearby
schools. Opening new schools in these places would take pressure off
some very oversubscribed schools. Students also won't have to travel
as far to attend one of our schools.

"We have previously announced our plan to open a new school in Länna
and there is a already an expression of interest queue on our website
where parents can register their desire for a place at the school. We
also have a conditional agreement, which is subject to planning
permission and permission from the Swedish Schools Inspectorate.

"There is great interest from parents in Östersund and Skellefteå for
a school with our profile to compliment the other great schools in
the municipality and therefore we have initiated a dialogue with
municipalities and landlords in both areas"

From the start in 1993, the organization's founder, Mrs. Barbara
Bergstrom, articulated three major convictions, which still
characterize Internationella Engelska Skolan:

Command of English. English has become the world's common language,
"the key to the world". Children should learn to command the English
language, not just know it, at an early age. Fluency is best achieved
through language immersion, instructed by native English-speaking
teachers in an international atmosphere.

A safe and orderly school environment where teachers can teach and
students learn. Order, structure and safety are necessary
prerequisites for learning. A school characterized by discipline and
calm learning conditions also signals respect for the value of
education. "Tough love" became the motto for a school which is strict
in norms for behavior, but simultaneously conveys love for the
students and a strong will to help each child succeed. Practicing
good manners and proper behavior in a workplace combined with an
appreciation of the positive results of hard work prepares students
for success in adult life.

High academic expectations and aspirations. Our conviction is that
every child can achieve success irrespective of social background.
This ambition to support every student to realize his or her own
potential applies to those requiring special support to meet
standards as well as the most gifted learners.

Internationella Engelska Skolan is dedicated to supporting students of
all backgrounds to become productive and responsible citizens, and to
acquire the confidence and ambition to do the most with their
talents.

For more information, please contact:

Johan Hähnel, IES's IR Manager
Tel: +46 (0)70 605 6334
e-mail: johan.hahnel@engelska.se

This information is such that Internationella Engelska Skolan i
Sverige Holdings II AB (publ) is obliged to publish pursuant to the
EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the above contact, at 11:30 a.m.
CET on 1 February 2017.

About IES

Internationella Engelska Skolan, IES, is one of the leading free
school operators in Sweden with some 21,400 students in 30 schools in
the academic year 2016/17. IES provides schooling from year 1 of
grade schooling up to and including the third year of senior high
school. Its main focus is on grades 4 - 9, known internationally as
middle school. Within the compulsory school system in Sweden, IES is
the leading independent provider with nine of the ten largest
independent schools. IES school's results in the grade nine national
tests are consistently well above average compared to schools in
Sweden each year.

Internationella Engelska Skolan was founded in 1993 and is currently
in its 24thfinancial year. During all these years, the schools have
featured the three central pillars of what we offer students, as set
out by the organization's founder Barbara Bergström:

· To command the English language - the key to the world. Up to half
of our teaching is in English, performed by certified native
English-speaking teachers.

· A safe and orderly environment, where teachers can teach and
students learn.

· High academic expectations.
Up to half of education is conducted in English, by teachers whose
native language is English. Over 600 teachers qualified in foreign
countries-mainly Canada, the US, the UK and South Africa-teach in IES
schools.

The student body has expanded strongly. Revenue received has traced
yearly organic growth averaging 19% in the past 10 years. In the most
recent financial year 2015-2016 that concluded on 30 June 2016,
revenue received was SEK 1,807 m, an increase of some 17% on the
previous year. As of 30 September 2016, there were approximately
122,000 applications in the waiting list to secure a place for the
forthcoming year.

Internationella Engelska Skolan has been listed on Nasdaq Stockholm
Mid Cap with the ticker ENG since the end of September 2016. The
largest shareholders of IES are TA Associates of the US, which has
close affiliations to leading universities and foundations in the US,
and IES's founder Barbara Bergström. Other major shareholders include
Swedbank Robur Funds, investment company Öresund, Norron Asset
Management, the Third Swedish National Pension Fund and AMF Pension
(owned jointly by LO, The Swedish Trade Union Confederation and the
Confederation of Swedish Enterprise).

-----------------------------------------------------------
http://news.cision.com/internationella-engelska-skolan/r/internationella...
http://mb.cision.com/Main/14803/2178369/622275.pdf

Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.