WGSGWomen and Geography Study Group (UK)
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Under the offer, the company will provide GBP0.1469 in nominal value of series A secured notes for each WGSG A share, which are held by Steven and David Jolliffe and their entities, along GBP0.1782 in nominal value of B series loan notes for each B share owned by the other stockholders.
The bidder said its directors will post an offer document to the shareholders of WGSG within the next 28 days.
Set up in 1997, WGSG is the developer of the ID Ball System technology and the TopGolf game concept.