March 17 (Reuters) - UCW Ltd UCW.AX :
* 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 Source text for Eikon: ID:nASX4y6Q9j Further company coverage: UCW.AX