MBH Corporation PLC: MBH Board have approved the terms for the group's first acquisition, Lara Group

Tunbridge Wells, 2nd May 2018 (pta018/02.05.2018/11:20 UTC+2) ,

- The Board of MBH Corporation plc ("MBH") have agreed the terms of the acquisition of Lara Group plc, along with Lara Group shareholders, as the group's first acquisition into the Healthcare & Education Vertical. This agreement will be subject to successfully executing the legal contracts between Lara Group and MBH, which currently are not effective.
- The acquisition of Lara commences MBH's strategy of acquiring established and profitable companies within the education space.
- Mr Allan Presland appointed as Chief Executive Officer

MBH Corporation plc (M8H.DU, WKN: A2JDGJ/ ISIN: GB00BF1GH114), is pleased to announce an agreement of terms to purchase the entire issued share capital in Lara Group plc. These agreed terms will be subject to successfully executing the legal contracts.

MBH is also pleased to announce the appointment of Mr Allan Presland as Chief Executive Officer.

In a board meeting held on 2nd May 2018, the Board members of MBH Corporation plc ("MBH"), have approved the terms of MBH's first acquisition, Lara Group plc ("Lara"). This transaction is for the acquisition of a 100% stake in Lara, a public limited company incorporated under the laws of the United Kingdom, together with its wholly owned subsidiary. These agreed terms will be subject to successfully executing the legal contracts.

Lara Group plc ("Lara") is an education services company, delivering services across the education services value chain, including vocational training (childcare) and early years management software. The acquisition of Lara has two primary income streams which are based around software and vocational training and are delivered through Parenta Training Ltd ("Parenta").

Founded in 1999, Parenta is an education services business based in Kent, United Kingdom, delivering services in vocational training, and specialist SaaS software providing management tools to nurseries and creches. Lara's CEO, Allan Presland, is also the author of the Amazon best-selling book, Improving the Business of Childcare, and holds an MBA, a degree in engineering and a degree in Marketing. He is also the founder of the Parenta Trust, a charity building schools in Africa.

The acquisition of Parenta by Lara Group PLC was successfully completed on 30 April 2018.

The acquisition of Lara commences MBH's strategy of acquiring established and profitable companies within the education space.

Following a board meeting held on 2nd May 2018, MBH is also pleased to announce the official appointment of Allan Presland as Chief Executive Officer for MBH.

About MBH Corporation PLC

MBH Corporation PLC is a diversified investment holding company, listed on the Börse Düsseldorf/ Dusseldorf Stock Exchange. The company focus is acquiring small to medium enterprises across multiple geographies and sectors that are well established, profitable, debt free and looking for resources to scale.

Through leveraging the resources of the group, MBH is able to offer shareholders an investment strategy which focuses on industries and companies that are due for consolidation and primed for substantial growth.

For more information, please visit: www.mbhcorporation.com

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Emitter:	MBH Corporation PLC Number 22, MountEphraim TN4 8AS Tunbridge Wells, Kent United Kingdom
Contact Person:	Eva Reuter
Phone:	+49 251 980 1560
E-Mail:	e.reuter@dr-reuter.eu
Website:	www.mbhcorporation.com
ISIN(s):	GB00BF1GH114 (Share)
Stock Exchange(s):	Free Market in Dusseldorf