Nord Anglia Education Announces Proposed Follow-On Offering, 6.7M Shares

Nord Anglia Education, Inc. NORD today announced that it is commencing an underwritten registered public offering of 6,700,000 ordinary shares. Nord Anglia Education will be offering 4,800,000 shares, and two selling shareholders will be offering an aggregate of 1,900,000 shares. In connection with this offering, one of the selling shareholders, Premier Education Holdings Ltd, expects to grant the underwriters a 30-day option to purchase up to an additional 1,005,000 ordinary shares. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Nord Anglia Education intends to use the net proceeds of the offering to partially fund its previously announced acquisition of six schools from Meritas, LLC and its affiliates. Nord Anglia Education will not receive any proceeds from the sale of shares by the selling shareholders. Credit Suisse, Goldman, Sachs & Co., Deutsche Bank Securities and RBC Capital Markets are serving as lead book-running managers for the offering. Additional book-running managers are Barclays and BMO Capital Markets. The co-managers for the offering are HSBC and William Blair. The ordinary shares are being offered pursuant to a shelf registration statement on Form F-3 filed with the Securities Exchange Commission on May 29, 2015 and declared effective on June 5, 2015. A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC. Copies of the preliminary prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, telephone (800) 221-1037, email: newyork.prospectus@credit-suisse.com, Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282 (Tel: 866-471-2526), email: prospectus-ny@ny.email.gs.com, Deutsche Bank Securities Inc., Attn: Prospectus Department, 60 Wall Street, New York, New York 10005, telephone: 800-503-4611, email: prospectus.cpdg@db.com or RBC Capital Markets, LLC, 3 World Financial Center, 200 Vesey Street, 8th Floor, New York, NY 10281-8098, Attention: Equity Syndicate, Phone: 877-822-4089, email: equityprospectus@rbccm.com This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.