March 17 (Reuters) - UCW Ltd (UCW) :
- Acquisition of 24.6% of Performance Education Group Pty Ltd
- Entered into a binding share sale agreement to acquire 24.6% of ordinary shares in Performance Education Group Pty Ltd
- Agreement to acquire 24.6% of ordinary shares in Performance Education Group Pty Ltd
- Purchase price for deal is $4.7m plus a working capital adjustment
- Consideration will be funded from existing cash reserves and/or capital raising by way of equity issue of around $2mln
