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ADVTECH LIMITED - ADvTECH acquires established Kenyan based Regis Runda Academy - Voluntary Announcement

Release Date: 07/08/2025 07:05
Code(s): ADH     PDF:  
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ADvTECH acquires established Kenyan based Regis Runda Academy - Voluntary Announcement

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH          ISIN: ZAE000031035
("ADvTECH")

VOLUNTARY ANNOUNCEMENT – ADvTECH acquires established Kenyan based Regis Runda
Academy and further expands its footprint in East Africa

ADvTECH, Africa's leading private education provider, has expanded its Makini Schools offering in
Nairobi, Kenya, by acquiring Regis Runda Academy for KSh1,23 billion (approximately R172 million).

Situated in the fast-developing Runda area, northeast of Nairobi, the school, with a current capacity of
2 000 students and a full K – 12 offering, will be rebranded as Makini Schools Runda.

ADvTECH has committed to investing in AI-powered digital learning tools and significant enhancements
to sporting facilities at the Regis site to elevate student experience and maximise academic outcomes.

In November 2024 ADvTECH acquired Flipper International School in Addis Ababa, Ethiopia.

These developments reinforce the group's commitment to providing superior private education across
the African continent.

Commenting on the acquisition of Regis Runda Academy, ADvTECH CEO, Geoff Whyte said: "We are
delighted to increase our Makini Schools footprint in Kenya and to bring the brand's compelling
proposition to parents and students in one of the fastest developing regions of Nairobi."

7 August 2025
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 07-08-2025 07:05:00
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