- VR Education said it had signed a three-year commercial agreement with South Korean digital content company D'Carrick.

The agreement provided VR Education with an entry point into the South Korean education market for its online virtual learning and corporate training platform.

It provided that, for a fee of €70,000 per annum, D'Carrick was permitted to roll out VR Education's virtual reality platform to a set number of students in South Korea, with additional fees should it exceed this number.

It also allowed D'Carrick to re-sell the platform with 30% of revenue generated being paid to VR Education.

At 8:38am: [LON:VRE] Vr Education Holdings Plc Ord Eur0.001 share price was -0.25p at 8.75p

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