On Tuesday, 22 October, Epic made an announcement to the London Stock Exchange regarding its intention to list on AIM by way of a reverse takeover of In-Deed plc which is a non-trading cash shell. After the General Meeting of In-Deed’s shareholders, In-Deed plc will be renamed Learning Technologies Group plc (LTG) with Epic being the operating business of the new company and the cornerstone of the holding company’s growth strategy.
This announcement follows the success of Epic’s recent participation in the UKTI’s tech trade mission to China, led by the Chancellor of the Exchequer, the Rt. Hon George Osborne MP. The trade mission was made up of Britain’s leading tech companies and featured such business and technology leaders as Mike Lynch, founder of Autonomy, and Ian Livingstone, the games entrepreneur who created the Lara Croft Tomb Raider series.
This invitation to represent the learning technologies industry on the recent trade delegation is just the latest achievement in Epic’s successful journey that has led to the company listing on the London AIM market with the goal of becoming the leading global learning technologies agency. Epic’s success has frequently been recognised within the industry and it is the current holder of E-learning Age’s ‘E-learning Company of the Year’ award, the UK’s premier e-learning award.
LTG is well placed to establish a substantial global organisation of specialist digital learning businesses from Europe, US, Latin America and Asia to form a market-leading learning technologies agency.
“We believe it’s the right time to create a specialist learning technologies business of substance, size and scale that will be better placed to respond to the demands of global customers,” said Jonathan Satchell, Epic’s CEO and LTG’s incoming CEO. “We aim to build a substantial business by continuing the strong organic growth that Epic has enjoyed over the past few years and by acquiring complementary businesses that will give us additional learning technologies capability and also enable us to expand into new territories.”
To learn more about Learning Technologies Group plc and its objectives as an AIM-listed plc, please get in touch at firstname.lastname@example.org. For all other press enquiries, call Matthew Smallwood, College Hill on 0207 4572020.
Download the full AIM Admission Document here.