SENS Announcement | 3 November 2015
RIGHTS OFFER DECLARATION ANNOUNCEMENT AND REVISED DATES AND TIMES
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share Code: ADH
ISIN: ZAE000031035
("ADvTECH" or the "Company")
NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN RESPECT OF WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, OF THIS ANNOUNCEMENT WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION OR IN RESPECT OF WHICH THE OFFERING CONTEMPLATED BY THIS ANNOUNCEMENT IS UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER OR INVITATION TO PURCHASE, OTHERWISE ACQUIRE, SUBSCRIBE FOR, SELL, OTHERWISE DISPOSE OF OR PURCHASE ANY SECURITY IN ANY JURISDICTION.
RIGHTS OFFER DECLARATION ANNOUNCEMENT AND REVISED DATES AND TIMES
INTRODUCTION
ADvTECH shareholders are referred to the announcement released on the Stock Exchange News Service ("SENS") on Monday, 7 September 2015 in which the Company declared its intention to undertake a renounceable rights offer to its shareholders ("rights offer") to raise up to R850 million. A condition precedent to the rights offer requires that the special resolutions which approved the increase of authorised share capital and amendments to Memorandum of Incorporation be registered with the Companies and Intellectual Property Commission ("CIPC"). Confirmation of registration has not yet been received from CIPC and as such the timetable below has been amended to facilitate the confirmation of registration.
BACKGROUND TO AND RATIONALE FOR THE RIGHTS OFFER
ADvTECH shareholders were advised in the ADvTECH Group's interim results for the six months ended 30 June 2015 that the board was considering the optimal capital structure for the ADvTECH Group and formulating a financing strategy that would allow the Group to support an accelerated growth strategy in the most efficient manner.
To implement the rights offer, the Company was required to obtain shareholder approval to increase its authorised but unissued share capital and to place sufficient unissued shares under the control of the Board to undertake the rights offer. This shareholder approval was obtained on Tuesday, 13 October 2015.
Central to the Board's strategy are the sustained and consistent growth of operations both locally and in sub-Saharan Africa and development of the present project pipeline. The acquisition of the Gaborone International School in Botswana concluded earlier this year signalled the Company's intent to pursue growth opportunities outside South Africa, while implementation of the acquisition of the Centurus and Maravest Schools groups alongside organic growth initiatives have materially increased ADvTECH's schools footprint within the country. The Tertiary division has resumed a growth strategy and is developing new organic and acquisitive investment opportunities in this sector.
As a result of ADvTECH's standard working capital cycle and seasonal cash variations, ADvTECH's borrowings are expected to increase from ZAR1.7 billion to ca. ZAR1.9 billion by calendar year end, assuming the addition of no new projects beyond the previously announced ZAR3.0 billion rolling capital expansion programme ("the announced programme").
Current ADvTECH Group debt facilities total ca. ZAR1.8 billion consisting of a Bridge Facility, a Revolving Credit Facility ("RCF") and an Overdraft Facility.
The ZAR350 million RCF has been fully drawn to fund capital work in progress;
The RCF is complemented by an overdraft facility with a current limit of ZAR122 million; and
The Bridge Facility of ZAR1 350 million has been fully utilised for capital expenditure and recent acquisitions.
Covenants in place allow for indebtedness of ZAR1.9 billion, leaving limited headroom to pursue incremental growth opportunities above and beyond the announced programme. At present management has identified near-term organic and acquisitive-led investment opportunities totalling almost ZAR1.0 billion that are over and above the board-approved projects already recorded.
Aside from creating a flexible capital structure that will enable the Company to pursue accelerated growth opportunities most efficiently, the Board believes it necessary to refinance existing facilities so as to reflect more accurately the seasonality of its funding requirements, improve the match between the nature of investment and the sources of capital, and lower its overall cost of capital.
With this in mind, and having reviewed in detail its financing options, the Board has decided to pursue a capital increase by way of a rights offer of up to ZAR850 million. Funds raised will be used to reduce and restructure current indebtedness, fund capital projects and planned acquisitions and ensure that ADvTECH is adequately positioned to execute on further growth opportunities identified from evaluation of the growing deal flow available at present.
THE RIGHTS OFFER
3.1 SALIENT TERMS
In terms of the rights offer, 75,555,556 new ADvTECH ordinary shares ("rights offer shares") will be offered to ADvTECH shareholders recorded in ADvTECH's share register at the close of business on Friday, 20 November 2015 ("record date"), at a subscription price of R11.25 cents per rights offer share, in the ratio of 16.59818 rights offer shares for every 100 ADvTECH ordinary shares held.
The subscription price per rights offer share represents a 10% discount to the 30 day volume weighted average price of ADvTECH ordinary shares listed on the JSE Limited ("JSE") as at the close of business on Wednesday, 21 October 2015, being the date on which the rights offer was priced.
Shareholders holding shares that are cum rights the last day to trade, being Friday, 13 November 2015, will be entitled to trade their rights in the form of letters of allocation. The letters of allocation will be listed and commence trading on the JSE on Monday, 16 November 2015. The relevant dates are set out in the table below.
The rights offer shares issued will rank pari passu with the existing issued ordinary shares of ADvTECH.
- REVISED SALIENT DATES AND TIMES
2015 | |
---|---|
Special resolution to approve the increase in authorised share capital registered with CIPC by | Monday, 9 November |
Finalisation announcement to be published on SENS by 11:00 | Tuesday, 10 November |
Last day to trade in ADvTECH ordinary shares in order to participate in the rights offer (cum entitlement) | Friday, 13 November |
ADvTECH ordinary shares commence trading ex-entitlement at 09:00 | Monday, 16 November |
Listing of and trading in the letters of allocation on the JSE commences at 09:00 | Monday, 16 November |
Rights offer circular and form of instruction posted to certificated ADvTECH shareholders | Tuesday, 17 November |
Record date for the rights offer | Friday, 20 November |
Rights offer opens at 09:00 | Monday, 23 November |
Letters of allocation credited to an electronic account created by the transfer secretaries in respect of holders of certificated shares | Monday, 23 November |
CSDP or broker accounts credited with entitlements in respect of holders of dematerialised shares | Monday, 23 November |
Rights offer circular posted to dematerialised shareholders who have elected to receive such documents | Tuesday, 24 November |
Last day for trading letters of allocation on the JSE | Friday, 27 November |
Listing of rights offer shares and trading therein on the JSE commences at 09:00 | Monday, 30 November |
Rights offer closes at 12:00 | Friday, 4 December |
Record date for the letters of allocation | Friday, 4 December |
Rights offer shares issued on or about | Monday, 7 December |
CSDP or broker accounts in respect of holders of dematerialised shares debited and updated with rights offer shares and share certificates posted to certificated shareholders by registered post on or about | Monday, 7 December |
Results of the rights offer released on SENS | Monday, 7 December |
Results of the rights offer published in the press | Tuesday, 8 December |
CSDP or broker accounts in respect of holders of dematerialised shares debited and updated with any excess shares allocated and share certificates posted to certificated shareholders by registered post on or about | Wednesday, 9 December |
Refund cheques posted to holders of certificated shares in respect of unsuccessful applications | Wednesday, 9 December |
Notes:
All times shown in this circular are South African local times.
These dates and times are subject to change. Any material changes will be released on SENS.
Share certificates may not be dematerialised or rematerialised between Monday, 16 November 2015 and Friday, 20 November 2015, both days inclusive.
3.3 IRREVOCABLE UNDERTAKINGS AND UNDERWRITING COMMITMENTS
The following ADvTECH shareholders have irrevocably undertaken to follow their rights in terms of the rights offer as set out below:
Name of shareholder | Number of ordinary shares held in ADvTECH before the rights offer | Number of rights offer shares | % of rights offer shares |
---|---|---|---|
Coronation | 116,997,675 | 19,419,489 | 25.7% |
Visio Capital | 41,970,000 | 6,966,258 | 9.2% |
Kyocraft | 33,678,494 | 5,333,333 | 7.1% |
Total | 192,646,169 | 31,719,080 | 42.0% |
In addition, the rights offer has been partially underwritten by Coronation and Visio Capital. In terms of the underwriting agreements, Coronation and Visio Capital have provided ADvTECH with irrevocable undertakings to underwrite 16,136,067 and 16,063,742 rights offer shares respectively, (being R362.2 million in aggregate).
In aggregate, the irrevocable undertakings and underwriting commitments cover 63,918,889 of the 75,555,556 rights offer shares, representing 88% of the shares being offered.
3.4 EXCESS APPLICATIONS
ADvTECH shareholders will have the right to apply for any excess rights offer shares not taken up by other shareholders subject to such rights being transferable upon renunciation of the letters of allocation, and any such excess shares will be attributed equitably, taking cognisance of the number of shares and rights held by the shareholder just prior to such allocation, including those taken up as a result of the rights offer, and the number of excess rights offer shares applied for by such shareholder.
3.5 FOREIGN SHAREHOLDERS
Introduction
Foreign shareholders may be affected by the rights offer, having regard to prevailing laws in their relevant jurisdictions. Such foreign shareholders should inform themselves about and observe any applicable legal requirements of such jurisdiction in relation to all aspects of the rights offer circular that may affect them, including the rights offer. It is the responsibility of each foreign shareholder to satisfy himself as to the full observation of the laws and regulatory requirements of the relevant foreign jurisdiction in connection with the rights offer, including the obtaining of any governmental, exchange or other consents or the making of any filing which may be required, the compliance with other necessary formalities and the payment of any issue, transfer or other taxes or other requisite payments due in such jurisdiction. The rights offer is governed by the laws of South Africa and is subject to applicable laws and regulations, including the Exchange Control Regulations.
Affected foreign shareholders
Any ADvTECH shareholder who is in doubt as to his position with respect to the rights offer in any jurisdiction, including, without limitation, his tax status, should consult an appropriate independent professional advisor in the relevant jurisdiction without delay. Foreign shareholders are reminded that they may dispose of their ADvTECH ordinary shares on or prior to the last day to trade, in which case they will not participate in the rights offer.
Foreign shareholders accordingly must take their own advice on whether they are entitled, after the rights offer, to continue beneficially to hold any ADvTECH ordinary shares distributed to them and take the appropriate action in accordance with that advice.
Note to U.S. shareholders
The rights offer shares will not be registered with the U.S. Securities and Exchange Commission ("SEC") under the U.S. Securities Act of 1933, as amended, or any U.S. state securities laws. Neither the SEC nor any U.S. federal or state securities commission has registered, approved or disapproved the rights offer shares or passed comment or opinion upon the accuracy or adequacy of the circular to be issued by ADvTECH in respect of the rights offer. Any representation to the contrary is a criminal offence in the U.S.
ADvTECH shareholders who are citizens or residents of the U.S. are advised that the rights offer shares have not been and will not be registered under the U.S. Securities Exchange Act of 1934, as amended.
Sale of letters of allocation
It is the responsibility of any person outside the common monetary area (including, without limitation, nominees, agents and trustees for such persons) wishing to take up rights offer shares under the rights offer, to satisfy themselves as to full observance of the applicable laws of any relevant territory, including obtaining any requisite governmental or other consents, observing any other requisite formalities and paying any issue, transfer or other taxes due in such territories.
If a premium can be obtained over the expenses of the sale, the rights of ADvTECH shareholders in the jurisdictions in which it is illegal to make an offer will be sold by the transfer secretaries on the JSE for the benefit of such ADvTECH shareholders, in accordance with this section. Any premium over the expenses of the sale of the rights of ADvTECH shareholders in these jurisdictions (including applicable taxes, brokerage fees and commissions) shall be remitted to such ADvTECH shareholders.
None of ADvTECH, the transfer secretaries or any broker appointed by them or ADvTECH, will have any obligation or be responsible for any loss or damage whatsoever in relation to, or arising out of, the timing of such sales or the remittance of the net proceeds of such sales.
3.6 DISTRIBUTION OF CIRCULAR
ADvTECH shareholders are advised that a circular containing full details of the rights offer will be posted on the dates set out in paragraph 3.2 above.
Johannesburg
3 November 2015
Sole bookrunner, financial advisor and transaction sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking Division)
Legal adviser
Cliffe Dekker Hofmeyr
Sponsor
Bridge Capital Advisors Proprietary Limited
ADvTECH Updates

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DISPOSAL OF SECURITIES BY CLIENTS OF PUBLIC INVESTMENT CORPORATION SOC LIMITED (“PIC”) AND DIRECTORS RESPONSIBILITY STATEMENT – VOLUNTARY ANNOUNCEMENT In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that ADvTECH has received formal notification in the prescribed form that PIC’s clients have, in aggregate, disposed of an interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by PIC’s clients has decreased from 20.550% to 19.641% of the total issued ordinary shares of the Company. In terms of section 122(3)(a) of the Act, the Company has also filed notice with the Takeover Regulation Panel. The board of directors of ADvTECH accepts responsibility for the information contained in this announcement as it relates to the Company and confirms that, to the best of its knowledge and belief, such information relating to ADvTECH is true and that this announcement does not omit anything likely to affect the importance of such information. Johannesburg 7 July 2025 Sponsor: Bridge Capital Advisors Proprietary Limited

JSE-listed ADvTECH, Africa’s leading private education provider, is pleased to announce the appointment of John Sikiotis to the role of Group Chief Operating Officer (GCOO), effective 1 August 2025. Sikiotis brings a wealth of experience in strategy, IT, business development and commercial leadership across a wide range of industries in multiple geographies including Africa, the Middle East and Asia. He is a qualified CA(SA) and holds the professional designation of Chartered Financial Analyst. He is also a member of SAICA. The new role of GCOO has been established to support ADvTECH’s dynamic growth and expanding operations locally and internationally. “John’s strategic expertise and global perspective make him a valuable addition to our leadership team,” commented ADvTECH Group CEO, Geoff Whyte.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY DIRECTORS, A DIRECTOR OF A MAJOR SUBSIDIARY, PRESCRIBED OFFICERS AND THE GROUP COMPANY SECRETARY In terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), the following transactions, in respect of which prior written approval pursuant to paragraph 3.66 of the JSE Listings Requirements have been obtained, is hereby disclosed.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY OF THE COMPANY In compliance with the JSE Limited Listings Requirements the following information is disclosed in respect of dealings in ADvTECH securities by an associate of a Director of a major subsidiary (The Independent Institute of Education (Pty) Ltd) of the Company.

It is undeniable that AI in education, even though still in relative infancy, has a multiplier effect on student outcomes. An overview of the substantial impact of individualised learning on student performance over the past few years, combined with an insight into daily advances in real life, has the potential to raise concern about the role of human educators in classrooms. Are teachers becoming obsolete? Not quite. While it is true that AI’s role is growing by the day, it is in fact not replacing teachers, but rather changing the role of teachers, an education expert says. “We have, over the past 3 years, seen a 20% improvement in student performance, with AI and individualised learning having become the order of the day,” says Desiree Hugo, Academic Head at ADvTECH Schools. AI in education isn’t a case of students having access to ChatGPT – it is a vastly more considered strategy leveraging proprietary tools and platforms. ADvTECH’s ADvLEARN Intelligent Tutoring System is a prime example, utilising AI to craft individualised learning paths that allow students to advance at their own speed. This system empowers data-guided instruction while fostering independent learning across various subjects. “Adaptive learning technologies leverage data-driven analysis to personalise educational content, pacing, and assessments based on each student's unique needs. These solutions, which include intelligent tutoring systems and learning management platforms, enable educators to tailor instruction efficiently without increasing their workload, when integrated effectively,” says Hugo. “For students, this creates a customised, engaging, and encouraging experience, whether they’re building core skills or exploring complex topics. For educators, it delivers real-time insights to refine teaching approaches, ensuring all students achieve progress.” AI systems are fast moving in the direction of students being able to learn completely independently, which then raises the question – what about the teachers? Will in-person schools still be a thing? Or will future learning consist of young people working alone, in front of their screens? “Adopting best international practices in AI implementation is critical to staying at the forefront of educational excellence. However, the narrative around AI in education must be clear: AI is a powerful tool to support, not replace, teachers,” says Hugo. “The human element in teaching, in particular empathy, creativity, and mentorship, remains irreplaceable, and AI’s role is to enhance these supportive opportunities, ensuring teachers remain central to the learning experience, while time-consuming repetitive tasks become the domain of AI.” The integration of AI into education really is a best-case scenario, allowing overworked teachers to get back to their unique strengths, Hugo says. WHY TEACHERS WILL REMAIN AN IMPORTANT PART OF THE EDUCATIONAL LANDSCAPE While AI excels at processing data and delivering personalised content, it lacks the human qualities that ensures an exceptional, holistic education. In the age of AI, the role of teachers will remain important in the following areas: Emotional connection and empathy - Learning is deeply human, driven by relationships. Teachers understand students’ emotional needs, motivate them through challenges, and celebrate their successes. No algorithm can replicate the encouragement of a teacher who notices a student’s potential or the trust built through years of mentorship. Fostering creativity and critical thinking - AI can provide information, but teachers guide students to question, innovate, and think critically. In a world increasingly shaped by AI, skills like ethical reasoning, collaboration, and creative problem-solving, nurtured by teachers, are essential. Curricula, like the IEB, IB and Cambridge systems, emphasize these skills, and ADvTECH’s commitment to global standards positions its teachers as key drivers of this development. Cultural and contextual nuance - South Africa’s diverse educational landscape requires teachers who understand local contexts, languages, and cultural dynamics. Teachers bridge the gap between AI and real-life context, ensuring learning is relevant and inclusive. “The fear that AI will replace teachers stems from a misunderstanding of its purpose, combined with the stunning realisation of its ability to improve student outcomes. But AI is not a substitute for human connection. Rather, it is a catalyst for unlocking teacher potential. It empowers teachers to do what they do best: inspire, guide, and transform lives. “Imagine a classroom where AI handles repetitive tasks, provides real-time student insights, and suggests tailored resources, while the teacher focuses on sparking debates, nurturing talents, and building confidence. This is the future that educational institutions must champion - a future where technology supports human excellence, not replaces it.”

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY A PRESCRIBED OFFICER AND THE COMPANY SECRETARY OF THE COMPANY In compliance with the JSE Limited Listings Requirements the following information is disclosed in respect of dealings in ADvTECH securities by a Prescribed Officer and the Company Secretary of the Company.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH” or “the Company”) DEALINGS IN SECURITIES BY PRESCRIBED OFFICERS AND ASSOCIATE OF A PRESCRIBED OFFICER OF THE COMPANY In compliance with the JSE Limited Listings Requirements the following information is disclosed in respect of dealings in ADvTECH securities by ADvTECH Prescribed Officers and an associate of a Prescribed Officer.

ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 (“ADvTECH”) DEALINGS IN SECURITIES BY PRESCRIBED OFFICERS, A DIRECTOR OF A MAJOR SUBSIDIARY, AND COMPANY SECRETARY: SHARE VESTING In compliance with the JSE Limited Listings Requirements, the following transactions relating to prescribed officers, director of a major subsidiary and company secretary dealings are hereby disclosed, in terms of the provisions of the ADvTECH Management Share Incentive Scheme (MSI), regarding performance and retention shares that have vested after 3 years.

Community law clinics play a vital role in ensuring access to justice in South Africa, annually serving thousands of people who are unable to afford legal services and representation. In response to the overwhelming demand for these lifeline services, SA’s leading private higher education provider has been steadfastly expanding its footprint of law clinics across the country, culminating in the recent launch of a mega-clinic in Randburg. The IIE Varsity College’s Randburg Community Law Clinic is a game-changer for the community, says Soretha Venter, senior attorney and Director of the clinics in the region. “It’s our most ambitious effort yet to bridge the gap in access to justice, ensuring marginalised individuals can exercise their legal rights while equipping our students with real-world skills,” Venter says. “Law clinics like ours promote fairness, equality, the rule of law, and transform lives by providing essential legal services while empowering our students to become empathetic, skilled legal professionals dedicated to social justice.” Venter says community law clinics play a pivotal role in addressing the systemic barriers to justice faced by underserved populations, particularly in South Africa, where economic disparities often limit access to legal services for many vulnerable citizens. “These clinics provide free legal advice, mediation services, and representation in matters such as family disputes, housing issues, employment conflicts, and consumer rights, empowering individuals who cannot afford private attorneys. By bridging this gap, law clinics ensure fair and equitable treatment for all, uphold human rights, and promote social cohesion by providing avenues for resolving disputes and addressing grievances.” Beyond resolving individual cases, they foster social justice through community outreach, offering workshops and campaigns on critical issues like domestic violence and discrimination, which educate the public and enhance awareness of legal protections. “The benefits to communities extend beyond immediate legal solutions, creating a ripple effect of empowerment and social change. Law clinics not only resolve disputes but also build trust in the legal system by providing accessible, compassionate support. They advocate for systemic improvements, collaborating with nonprofits and government agencies to address broader societal challenges,” Venter says. For instance, initiatives like family law mediation and post-litigation support for clients, as planned by the IIE Varsity College Randburg mega-clinic, offer sustainable solutions for low-income families. By equipping communities with knowledge and resources, these clinics strengthen social cohesion and promote a culture of justice, ensuring lasting impact for individuals and society as a whole. In addition to providing communities with free legal representation and support, law clinics ensure that SA’s future legal practitioners receive a real-world, holistic education. This year, more than 120 final-year students from three campuses will gain hands-on experience at the Randburg clinic, under the supervision of experienced attorneys. Groups of around eight students at a time work Monday through Thursday, immersing themselves in consultations, legal drafting, research, and court visits. “Students are exposed to every facet of a real law firm. This practical training not only hones their skills in client interaction and case management but also instils a deep sense of social responsibility,” says Venter, adding that the clinic prepares students for South Africa’s unique legal landscape while fostering a commitment to pro bono work. The Randburg mega clinic boasts 3 attorneys’ offices, 4 candidate legal practitioner spaces, a boardroom with state of the art digital and online facilities and 4 consultation rooms. It currently has 2 full time attorneys, 2 candidate legal practitioners and a legal intern, and the team will be growing in months to come. Since its launch, it has received 105 applications, of which 43 are still active matters that are attended to on a daily basis. It is expected that these numbers will have doubled by the end of 2025. The Randburg mega-clinic builds on the success of IIE Varsity College’s earlier clinics established in Durban North (2022), Pretoria (April 2024), and Cape Town (July 2024). Another clinic is set to open in Nelson Mandela Bay in August 2025.

Monde Nkosi presents his latest episode of the Education Investment Podcast in video on YouTube and audio on Spotify, Apple and all major podcast platforms https://linktr.ee/educationinvestment?utm_source=linktree_admin_share In this episode, Leading a Schools and Higher Education Group with Geoff Whyte (CEO of ADvTECH Group), we explore leadership in a combined schools and higher education group serving more than 100,000 students across multiple countries including South Africa, Kenya, Botswana and Ethiopia. Geoff presents his investment and social impact case for ADvTECH and independent education. Geoff also shares some personal stories about his journey from growing up in Scotland; to living and working in multiple countries including England, Russia and the Netherlands; and moving to South Africa in the late 1990s.