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Pin to quick picksJD Sports Regulatory News (JD.)

Share Price Information for JD Sports (JD.)

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Acquisition

18 Jan 2024 07:00

RNS Number : 0776A
JD Sports Fashion PLC
18 January 2024
 

 

 

18 January 2024

 

 

JD SPORTS FASHION PLC

 

 

Marketing Investment Group S.A. - completed acquisition

 

 

JD Sports Fashion Plc ('JD' or the 'Group') is pleased to announce it has completed the acquisition of the 40% minority stake in Marketing Investment Group S.A. ('MIG' or 'Company') and is now the 100% sole owner.

This acquisition has been completed following receipt of a decision from the European Commission declaring the transaction compatible with the internal market.

As a result of taking full control of MIG, JD has both simplified further its European operations and created the opportunity to accelerate the rollout of the JD brand in Central and Eastern Europe.

In the financial year to January 2024, MIG generated revenues of approximately £270m. As at 30 December 2023, MIG operated a total of 403 stores across 13 countries, including 23 JD stores.

 

Enquiries

JD Sports Fashion Plc Tel: 0161 767 1000

Régis Schultz, Chief Executive Officer

Dominic Platt, Chief Financial Officer

Mark Blythman, Director of Investor Relations

 

Advisors

Investec Bank Plc - David Flin Tel: 0207 597 5970

Peel Hunt LLP - Dan Webster Tel: 0207 418 8869

FGS Global - Rollo Head, Jenny Davey, James Thompson Tel: 0207 251 3801

 

About JD Sports Fashion Plc

Founded in 1981, the JD Group ('JD') is a leading global omnichannel retailer of Sports Fashion brands. JD provides customers with the latest exclusive products from its strategic partnerships with the most-loved premium brands - including Nike, adidas and The North Face. The vision of JD is to inspire the emerging generation of consumers through a connection to the universal culture of sport, music and fashion. JD focuses on four strategic pillars: global expansion focused on the JD brand first; leveraging complementary concepts; moving beyond physical retail by creating a lifestyle ecosystem of relevant products and services; and doing the best for its people, partners and communities. JD is a constituent of the FTSE 100 index and had 3,329 stores worldwide at 30 December 2023.

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Date   Source Headline
19th Dec 20084:35 pmRNSPrice Monitoring Extension
18th Dec 200810:52 amRNSAnnual Information Update
16th Dec 20081:55 pmRNSHolding(s) in Company
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2nd Dec 20087:00 amRNSInterim Management Statement
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23rd Sep 20088:37 amRNSHolding(s) in Company
23rd Sep 20087:00 amRNSInterim Results
22nd Jul 20084:59 pmRNSNotice of Results
15th Jul 20089:17 amRNSChange of Name
26th Jun 20083:15 pmRNSResult of AGM
9th Jun 20087:00 amRNSInterim Management Statement
3rd Jun 200811:17 amRNSHolding(s) in Company
30th May 20084:58 pmRNSAnnual Report and Accounts
15th Apr 20087:00 amRNSFinal Results
14th Mar 20084:18 pmRNSHolding(s) in Company
10th Mar 200812:32 pmRNSNotice of Results
26th Feb 20084:35 pmRNSPrice Monitoring Extension
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10th Jan 200811:17 amRNSDirector/PDMR Shareholding
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18th Dec 20073:06 pmRNSAnnual Information Update
10th Dec 20078:37 amRNSAcquisition
4th Dec 200710:04 amRNSStrategic Investment
4th Dec 20077:01 amRNSInterim Management Statement
19th Nov 200712:51 pmRNSHolding(s) in Company
19th Nov 20079:23 amRNSDirector/PDMR Shareholding
28th Sep 20074:33 pmRNSDirector/PDMR Shareholding
26th Sep 20072:54 pmRNSDirector/PDMR Shareholding
26th Sep 20077:01 amRNSInterim Results
26th Jul 20075:14 pmRNSDirector/PDMR Shareholding
26th Jul 20072:21 pmRNSResult of AGM
26th Jul 20077:00 amRNSAGM Trading Statement
26th Apr 20077:02 amRNSFinal Results
11th Jan 20077:00 amRNSTrading Statement
22nd Dec 200610:30 amRNSNotice of Trading Update
11th Dec 20063:05 pmRNSShares in Issue
23rd Oct 20062:56 pmRNSAnnual Information Update
28th Sep 20067:04 amRNSInterim Results
27th Sep 20063:54 pmRNSHolding(s) in Company
20th Jul 20061:50 pmRNSResult of AGM
20th Jul 20067:00 amRNSAGM Statement
21st Jun 20063:45 pmRNSHolding(s) in Company
9th Jun 20064:41 pmRNSSecond Price Monitoring Extn
9th Jun 20064:36 pmRNSPrice Monitoring Extension
4th May 20067:01 amRNSFinal Results
4th Apr 20061:56 pmRNSNotice of Results

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