Navitas Limited Renewed Agreement with ECU

Renewed Agreement with ECU: Navitas Limited (ASX: NVT) has renewed a University Programs agreement with Edith Cowan University (ECU) and has also signed a six-month extension of its agreement with Edith Cowan University for its pathway college. Moreover, NVT has been granted leave to appeal the decision of the Upper Tribunal (Tax and Chancery Chamber) regarding the SAE’s UK VAT exemption status. The appeal is expected to be taken by the Court of Appeal in about eight to 12 months. Meanwhile, NVT stock has risen 31.22% in the last six months (as of July 25, 2016)

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