3P Learning Limited confirm that formal completion of its acquisition of 100% of the equity in Blake eLearning Pty Ltd. ("Blake") has occurred through the issuance of 137.0 million new shares in 3PL. Following completion of the merger the Board initiated a number of changes to its composition and to the executive leadership of the Company. Jose Palmero has been appointed by the Board of 3PL as Interim CEO. Mr. Palmero, has been the CEO of Blake until now and played a key role in growing and scaling the business. He was a member of the 3PL Board from 2009 to 2014 prior to its IPO and has a proven track record in the education content, intellectual property and EdTech industries.