More to be bought18 Feb 2019 08:33
18 February 2019
Statement from JD Sports Fashion Plc ("JD Sports")
JD Sports confirms that it has today acquired 8,676,878 shares in Footasylum plc ("Footasylum"), representing 8.3% of the issued share capital of Footasylum.
JD Sports has acquired this stake for investment purposes. JD Sports is prepared to acquire up to an aggregate interest of 29.9% in Footasylum and confirms that it is not intending to make an offer for Footasylum.
This is a statement to which Rule 2.8 of the City Code on Takeovers and Mergers (the "Code") applies. Under Note 2 on Rule 2.8 of the Code, JD Sports reserves the right to set the restrictions in Rule 2.8 aside in the following