Findel Gets General Meeting Requisition From Sports Direct

LONDON (Alliance News) - Home shopping and education supplies business Findel PLC on Monday said Sports Direct International PLC has requisitioned a general meeting of the company in order to propose the appointment of a representative to the board.

At the end of September, Sports Direct, the FTSE 100-listed sports clothing and equipment retailer founded by Mike Ashley, acquired a stake of 18.93% in Findel, which owns home shopping retailer Express Gifts, an education supplies company and the Kitbag sports retailing unit.

It has now requisitioned a general meeting to appoint Benjamin Gardener to the board.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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