Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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.

Click here to receive FREE breaking news email alerts for Stagecoach Theatre Arts PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. After ending the previous session modestly lower, stocks moved mostly higher over the course of the trading day on Thursday. The gains on the day more than offset yesterday's losses, lifting the major averages to their best closing levels in a month. Sen. Lindsey Graham, R-S.C., is seen as a long shot for the Republican presidential nomination in 2016, and his chances may have gotten worse after he was recorded joking about the prospects for "white men" if he were elected president.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.