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

Quick Facts

Editors Pick
Ford Motor Co. has issued a safety recall for nearly 117,000 vehicles in North America to replace improperly tempered bolts in seats and seatbelts that could fracture. The affected vehicles include 2014 Ford F-150 pickup trucks, 2014 E-Series vans, 2014-15 Ford Escape SUVs and 2015 Lincoln MKC SUVs to replace improperly tempered bolts in seats and seatbelts. Electronics retailer Best Buy is adding Dyson mini-shops to its select stores in the U.S. next month. Dyson is a maker of vacuums, hair dryers, air purifiers and other household items. Starting in August, about 90 U.S. Best Buy stores will get new Dyson Demo Experiences - dedicated spaces that will enable customers try out Dyson products as if they were in their own home. Shares of Airbus Group SE were losing around 4 percent in the morning trading in Paris after the aerospace and defense major reported Thursday a sharp decline in its second-quarter profit with lower revenues. Further, the company maintained its guidance for the full year 2017.
comments powered by Disqus
Follow RTT