Evolve says share jump coincidental, update didn't leak

Mon, 09 Nov 2020

Evolve Education said its underlying operating profit for the nine months ended September exceeded $14 million and is eyeing about $20 million of acquisitions but it doesn't believe this had any impact on the share-price jump last week.Evolve shares are 1 cent higher at 12.6 cents. They jumped from 9.5 cents at the close on Nov. 3 to as high at 12.2 cents on Friday before ending the week at 11.6 cents, prompting a query from NZX.Evolve chief financial officer Edmund Mah responded in a letter to the NZX that the company today released unaudi...

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