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Administration of LifeStyle Division

19 Feb 2009 09:26

RNS Number : 5705N
JJB Sports PLC
19 February 2009
 



JJB Sports plc

Appointment of Administrators to the LifeStyle Division

 

Further to the announcement of 10 February 2009, JJB Sports plc (the "Company") announces the appointment of administrators to its two subsidiaries, Original Shoe Company Limited ("OSC") and Qubefootwear Limited ("Qube"), comprising its LifeStyle division. The boards of directors of OSC and Qube respectively have appointed Messrs. Fleming, Costley-Wood and Nimmo of KPMG LLP as joint administrators of OSC and Qube, with immediate effect.

 

The placing into administration of OSC and Qube is provided for in the terms of the Company's extended standstill arrangement with its lenders and does not affect any of the Company's other trading businesses.

 

Contacts

Maitland

020 7379 5151

Neil Bennett

Richard Farnsworth

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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