Thirdforce's McDonagh keeps buying

Thirdforce chairman Pat McDonagh has added more than one million shares to a stake of 25% which he bought this week in a bid to take over the e-learning software firm.

McDonagh paid 7.125p each for 244,000 shares and another 918,000 at 7p a throw, lifting his holding to almost 66m shares, or 25.44% of the company.

He launched an offer for the Irish group last month with chief executive Brendan Sullivan worth 8 cents a share. There's also an alternative of 1 share in their LearnVantage bid vehicle for each Thirdforce share held.

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