logo
Share SHARE
FONT-SIZE Plus   Neg

Lifeskills Education-Stagecoach Theatre Deal Declared Unconditional

Lifeskills Education announced that all the conditions to its recommended cash offer to buy Stagecoach Theatre Arts Plc (STA.L) have now been satisfied or waived and, accordingly, the offer is declared unconditional in all respects.

As at 1.00 p.m. on April 2, 2012, the first closing date of the offer, Lifeskills Education had received valid acceptances in respect of 7.82 million offer shares representing nearly 94.80 percent of the offer shares and about 78.23 percent of the Stagecoach Shares.

Separately, Stagecoach Theatre Arts announced that following the Lifeskills Education's offer becoming wholly unconditional, the following board changes have taken place, with immediate effect: Graham Cole and David Sprigg have resigned from the board and Shirin Gandhi and Henry Meikle have been named to the board. Shirin Gandhi and Henry Meikle are both directors of Lifeskills Education Ltd.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
United Parcel Service, Inc. has started to test the use of drones to make commercial deliveries of packages to remote or difficult-to-access locations. On Thursday, the package delivery giant and drone-maker CyPhy Works staged a mock delivery of urgently needed medicine from Beverly, Massachusetts to Children's Island, which is about three miles off the Atlantic coast. Luxury electric car maker Tesla Motors Inc. (TSLA), Thursday filed a lawsuit against state officials over its right to sell vehicles directly to consumers in Michigan. The lawsuit has been filed against Governor Rick Snyder, Secretary of State Ruth Johnson and Attorney General Bill Schuette as defendants. Tesla... e.l.f. Beauty (ELF), a maker of cosmetic products, priced its initial public offering above its target range and raised about $141 million. The Oakland-based company opened sharply up on Thursday's trading on the New York Stock Exchange. The company said it sold about 8.3 million shares at $17 in...
comments powered by Disqus
Follow RTT