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Last checked at 
22 Feb 2010 07:01
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
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