MPS Interactive Systems Limited Acquires Additional 17.50% Stake in Liberate Group

MPS Interactive Systems Limited (MPSi), a wholly owned and material subsidiary of MPS Limited, has completed the acquisition of an additional 17.50% of the issued and paid-up share capital of Liberate Learning Pty Ltd and App-eLearn Pty Ltd. This acquisition increases MPSi's shareholding in Liberate Learning Pty Ltd and App-eLearn Pty Ltd from 65.00% to 82.50%. MPSi is proposed to complete the acquisition of the remaining 17.50% shareholding in these two entities, as well as the 35% shareholding in Liberate eLearning Pty Ltd, in the near term. This acquisition aligns with MPS's strategic objective to expand its global footprint and deliver comprehensive, technology-enabled learning solutions to clients worldwide.