Supplementary Form (OP) Lifeskills Education

RNS Number : 2054Z

Stagecoach Theatre Arts PLC

13 March 2012

 



SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.         KEY INFORMATION

Identity of person whose open positions are being disclosed:	LIFESKILLS EDUCATION LIMITED
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	STAGECOACH THEATRE ARTS PUBLIC LIMITED COMPANY

2.         OPTIONS AND DERIVATIVES

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
N/A

3.         AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:
Lifeskills entered into an agreement dated 9 March 2012 with Stephanie Manuel, Mazoor Ishani and Richard Dawson to, conditional on the Offer becoming or being declared unconditional, acquire 1,748,322 Ordinary Shares from them in consideration of the issue of loan notes and shares in Lifeskills at a price equivalent to the Offer Price. The following shares are subject to the agreements discussed above.
	Ordinary 5p Shares	% Holdings
Stephanie Manuel	1,523,850	15.24%
Richard Dawson	210,709	2.11%
Manzoor Ishani	13,763	0.14%
Total shares under Acquisition Agreement	1,748,322	17.48%

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences ("CFDs") or spread bets.

The currency of all prices and other monetary amounts should be stated.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END

 

 

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