13 Jul 2017 07:01
13 July 2017
SPORTS DIRECT INTERNATIONAL PLC HOLDING IN GAME DIGITAL PLC
GAME Digital plc ("GAME" or the "Group") has been informed that Sports Direct International plc ("Sports Direct") has acquired 44 million shares, equivalent to 25.75% of the share capital of the Group.
GAME is aware that Sports Direct has taken significant strategic equity stakes in a number of retail and brand businesses across both the UK and USA, and is a leading retailer which partners with major global brands and suppliers.
GAME is pleased that the strategic value of the group has been recognised by Sports Direct through this acquisition of a 25.75% stake. The Group looks forward to working collaboratively with Sports Direct to explore the clear opportunities that a constructive partnership and collaboration can deliver for all stakeholders in the gaming, live events and rapidly growing esports markets in which it operates.
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Enquiries:
GAME Digital plc (via Citigate) | |
Martyn Gibbs | Chief Executive Officer |
Mark Gifford | Chief Financial Officer |
James Staveley | Investor Relations & Corporate Development Director |
Citigate Dewe Rogerson | +44 (0) 20 7638 9571 |
Grant Ringshaw | |
Jos Bieneman | |