Feb 22 (Reuters) - Icollege Ltd (ICT) :
- Asx alert-binding terms sheet signed to acquire the friendship games-ICT.AX
- Has signed a binding term sheet with Rv Sport Pty in relation to proposed acquisition by co of 100% of Friendship Games Pty Ltd
- Total consideration for proposed acquisition is fully paid ordinary shares in co equivalent to a 19.6% voting interest in securities of co
- Confirm that current activities and programs offered by Icollege remain operational and unaffected by proposed acquisition