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The UK Referendum - Brexit
Please see below message from Mr Kevin McNeany, Chairman at OrbitalEd:
Orbital Education is a British company, so in the light of yesterday’s decision for the UK to leave the European Union, it is natural that our stakeholders will have questions about the impact of this decision on our business.
At present, Orbital has schools in seven countries throughout the world, four outside the EU and three within the EU. We wish to reassure colleagues, parents, students and investors that we do not anticipate any change to our operations following the decision taken by the UK to leave the EU. In the longer term (up to two years), our EU schools may have to adapt to some administrative adjustments, but we expect these to be minimal.
Orbital is a growing company with an international outlook and we will continue to develop schools in the EU and beyond.
Kevin McNeany, Chairman
24th June 2016, Manchester