Malvern International PLC - Milton Keynes, England-based English language learning and skills development company - Issues 50.0 million shares at a price of 0.1 pence each, following the conversion of £50,000 of loan notes.

Following the conversion, £172,817 in loan notes remain outstanding and are redeemable or convertible on December 31.

Malvern now has 2.19 billion shares issued overall.

Current stock price: 0.090 pence

12-month change: down 63%

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