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Share ownership

22 Feb 2010 07:01

RNS Number : 4482H
Sports Direct International Plc
22 February 2010
 



22 February 2010

 

Sports Direct International plc

 

Share ownership

 

Sportsdirect.com Retail Limited ("SWI"), a wholly-owned indirect subsidiary of Sports Direct International Plc, has been in dispute over the ownership of certain interests in Blacks Leisure Group plc ("Blacks") and JD Sports Fashion plc ("JD") with Kaupthing Singer & Friedlander Limited (in administration) ("KSF"). SWI proposes to acquire such right, title and interest as is held by KSF in 12,153,071 ordinary shares in Blacks and 5,775,255 ordinary shares in JD on the basis that the acquisition would be without prejudice to certain existing rights of the parties.

If such rights in the shares are acquired, SWI currently intends to vote against the resolutions proposed by Blacks at its general meeting convened for 24 February, however this remains subject to review and final determination by the board of directors of SWI prior to that general meeting being held.

 

Ends

 

For further information, please contact:

 

Sports Direct International plc T. 0870 333 9410

Dave Forsey, Chief Executive

Bob Mellors, Group Finance Director

 

Financial Dynamics T. 0207 831 3113

Jonathon Brill

Caroline Stewart

Alex Beagley

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLFFIFFFILFII
Date   Source Headline
7th Mar 201110:32 amRNSForm 8.5 (EPT/RI)
4th Mar 20112:21 pmRNSForm 8.3 - JD Sports Fashion Plc
4th Mar 20112:18 pmRNSForm 8.3 - JD Sports Fashion PLC
4th Mar 201110:44 amRNSForm 8.5 (EPT/RI)
4th Mar 201110:42 amBUSForm 8.3 - JD Sports Fashion Plc
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3rd Mar 201111:10 amBUSForm 8.3 - JD Sports Fashion Plc
3rd Mar 20119:58 amRNSForm 8.5 (EPT/RI)
2nd Mar 20115:13 pmRNSForm 8.3 - JD Sports
2nd Mar 201112:05 pmBUSForm 8.3 - JD Sports Fashion Plc
1st Mar 201111:50 amBUSForm 8.3 - JD Sports Fashion Plc
28th Feb 201110:37 amBUSForm 8.3 - JD Sports Fashion Plc
25th Feb 20112:10 pmBUSForm 8.3 - JD Sports Fashion Plc - Amendment
25th Feb 201111:00 amBUSForm 8.3 - JD Sports Fashion Plc
24th Feb 201111:26 amBUSForm 8.3 - JD Sports Fashion Plc
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