Taaleem Holdings PJSC

Logotype for Taaleem Holdings PJSC
Ticker/ISIN
TAALEEM
AEE01136T220
Market/Country
Dubai Financial Market
United Arab Emirates

About Taaleem Holdings PJSC

Taaleem Holdings was established on 14 February 2007 as a private joint stock company pursuant to a its articles of association and commercial license issued by Dubai Department of Economy and Tourism.

The Company was converted to a public joint stock company and it shares were listed on DFM on 29 November 2022. 

Company's Activities are detailed in AOA and Listing Prospectus.

Latest Pressrelease Summaries from Taaleem Holdings PJSC

Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, reported strong financial results for Q1 2024/25. The company achieved operating revenues of AED 306.1 million, marking a 14.8% increase compared to the previous year. Net profit rose by 46.3% to AED 68.2 million, with a margin increase to 22.3%, partly due to a one-off deferred tax from the previous year. The company saw a 12.3% increase in student enrolment and a 3.0% rise in average gross tuition fees for premium schools. Taaleem expanded its operations by acquiring Lycée Libanais Francophone Privé Meydan and assets from Amity, with a total capital expenditure of AED 437.5 million. The company's EBITDA increased by 7.6% to AED 108.0 million. The addition of two premium schools and one new PPP school increased the total number of schools to 34, with significant growth in both premium and PPP segments. However, the rapid expansion led to a temporary decline in utilisation rates for the premium segment.
Taaleem Holdings P.J.S.C. and its subsidiaries have released their unaudited interim condensed consolidated financial statements for the three-month period ending on November 30, 2024.
On January 9, 2025, Taaleem Holdings PJSC held a board meeting from 3:00 PM to 5:00 PM with seven board members present, achieving a quorum of 77.8%. The board approved and agreed to publish the Interim Condensed Consolidated Financial Statements for the three-month period ending November 30, 2024. The meeting's authorized signatory was Khalid Al Tayer, Chairman of the Board of Directors.
The letter informs Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, about a scheduled Board of Directors meeting for Taaleem Holdings PJSC. The meeting will take place on Thursday, January 9, 2025, at 3:00 pm at the company's office and via remote attendance. The agenda includes considering and approving the interim condensed consolidated financial statements for the three-month period ending November 30, 2024, discussing routine business issues, following up on company activities, and addressing any other matters with the Chairman's permission. The letter is signed by Alan Williamson, CEO of Taaleem Holdings PJSC, with a copy sent to the Securities and Commodities Authority.
The board meeting of Taaleem Holdings PJSC took place on Thursday, December 12, 2024, from 3:00 PM to 5:00 PM. Eight board members were present, achieving an 89% quorum. The meeting involved discussions on routine business matters and a review of the company's activities. The authorized signatory for the meeting was Khalid Al Tayer, the Chairman of the Board of Directors.
The letter is from Alan Williamson, the Chief Executive Officer of Taaleem Holdings PJSC, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. It informs him about a scheduled Board of Directors meeting for Taaleem Holdings PJSC on Thursday, December 12, 2024, at 3:00 pm. The meeting will be held at the company's office and via remote attendance to discuss routine business issues, follow up on the company's activities, and address any other matters with the Chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.
Taaleem Holdings PJSC has announced its acquisition of Lycée Libanais Francophone Privé Meydan (LLFP Meydan), a French curriculum school in Dubai with a capacity for 1,900 students. This acquisition complements Taaleem’s existing network of UK, IB, and American curriculum schools, enhancing its diverse educational offerings. LLFP Meydan currently enrolls 1,300 students from 26 nationalities, focusing on the French curriculum. Located in the rapidly developing Meydan area of Dubai, the school spans over 35,700 square meters with seven environmentally friendly buildings. In its first KHDA inspection in 2024, the school was rated 'Very good' with several 'Outstanding' features. The acquisition aligns with Taaleem's mission of educational excellence and will be integrated into its financials in FY2024/25.
Taaleem Holdings PJSC held its Annual General Assembly on November 5, 2024, at Dubai British School and virtually. The assembly approved several key items: the Board of Directors' report on company activities and financial position for the fiscal year ending August 31, 2024; the auditor's report for the same period; the company's balance sheet, profit and loss, and financial statements; a cash dividend distribution of AED 120 million (AED 0.12 per share, representing 12% of the paid-up share capital); and the Board of Directors' remuneration proposal for the period from September 1, 2023, to August 31, 2024, totaling AED 5.25 million.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: BOD Meeting

On March 25, 2024, a letter was sent to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, from Alan Williamson, the CEO of Taaleem Holdings PJSC. The letter informed Mr. Ali about a scheduled Board of Directors meeting for Taaleem Holdings PJSC. The meeting is set for March 28, 2024, at 3:00 pm, at the company's office premises and will also be accessible remotely. The agenda includes reviewing and approving the Interim Condensed Consolidated Financial Statements for the three-month period ended on February 29, 2024, discussing routine business matters, following up on the company's activities, and addressing any other topics approved by the Chairman. A copy of the letter was also sent to the Securities and Commodities Authority.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: Results of BOD meeting

The board meeting of Taaleem Holdings PJSC took place on February 29, 2024. The meeting, which started at 3:00 pm and ended at 5:00 pm, was attended by eight board members, achieving an 89% quorum. The meeting focused on discussing routine business issues and following up on the company's activities. The authorized signatory for the meeting was the CEO, Alan Williamson.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Taaleem Holdings PJSC

Disclosure: BOD Meeting

The CEO of Taaleem Holdings PJSC, Alan Williamson, has sent a letter to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter informs Mr. Ali about a scheduled Board of Directors meeting on Thursday, 29th of February 2024 at 3:00 pm. The meeting will be held at the company's office premises and will also be accessible via remote attendance. The agenda for the meeting includes discussing routine business issues, following up on the company's activities, and addressing any other matters with the Chairman's permission. The Securities and Commodities Authority have also been CC'd in the letter.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Results of BOD meeting

A board meeting was held by Taaleem Holdings PJSC on 11 January 2024. The meeting started at 3:00 pm and ended at 5:00 pm with all nine board members present, achieving a 100% quorum. The board resolved to approve the Interim Condensed Consolidated Financial Statements for the three-month period ended 30 November 2023 and authorized their publication. The authorized signatory for the meeting was Khalid Al Tayer, the Chairman of the Board of Directors.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Financial statements for the first QTR of 2024

The text represents the unaudited interim condensed consolidated financial statements of Taaleem Holdings P.J.S.C. and its subsidiaries for the three-month period ending on 30th November 2023.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Press release regarding financial results for Q1 of Y2024

In Q1 2023/24, Taaleem Holdings PJSC, a leading K-12 premium education provider in the UAE, posted a record revenue of AED 258.7 million, marking an 11.5% YoY increase. The company's net profit (before tax) increased by 60.5% YoY to AED 81.6 million, driven by enrolment growth, additional schools, interest gains on cash reserves, and a low debt position. Student enrolment rose by 26.6% YoY to 35,715. EBITDA also grew by 28.2% YoY to AED 100.4 million. Taaleem added five new government partnership schools to its portfolio during the quarter. The company's Chairman, Khalid Al Tayer, expressed pride in the progress made in realizing their strategic vision.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Earning Call Meeting

Taaleem Holdings PJSC, a leading K-12 premium school operator in the UAE, will present its Q1 2023/24 financial results on January 11, 2024. The company has invited its shareholders to join a Microsoft Teams session on January 16, 2024, to discuss the financial results, recent achievements, and developments for the period ending November 30, 2023. Taaleem, the first private education company listed on the Dubai Financial Market, plans to use the AED 750 million raised in its IPO to expand its K-12 premium education schools.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: BOD Meeting

The CEO of Taaleem Holdings PJSC, Alan Williamson, has written a letter to Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market, dated 8th January 2024. The letter informs him of a scheduled Board of Directors meeting on Thursday, 11th January 2024 at 3:00 pm. The meeting will take place at the company's office and remotely. The agenda includes approval and publication of interim condensed consolidated financial statements for the three-month period ending 30th November 2023, discussion of routine business issues, and a follow-up on the company's activities. Any other matters will be considered with the chairman's permission. A copy of the letter is also sent to the Securities and Commodities Authority.

1. Attached Document

DFM News

DFM News

News Update From Taaleem Holdings PJSC

Disclosure: Resolutions of General Assembly

The letter, dated 31st October 2023, was sent to the CEO of the Dubai Financial Market and the CEO of the Securities and Commodities Authority in Abu Dhabi. It was regarding the results of the Annual General Assembly of Taaleem Holdings PJSC. The assembly took place physically at the Conference Hall on the 13th floor of the Dubai Chambers of Commerce and electronically. The assembly approved the Board of Directors' report on the company's activities and financial position for the fiscal year ending 31st August 2023. The auditor's report for the same fiscal year was also approved.

1. Attached Document

ConsumerNinja

ConsumerNinja

Commented on ConsumerPrincesss Transaction regarding Taaleem Holdings PJSC

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