JJB.L Regulatory News (JJB)

6 Jul 2005 14:51

JJB Sports PLC06 July 2005 JJB Sports Plc ("JJB" or the "Company") AGM Statement JJB announces that at the Annual General Meeting of the Company held earliertoday, all the resolutions set out in the circular despatched to shareholders ofthe Company on 6 June 2005 ("Circular") were passed including the resolutionsauthorising the directors to make market purchases of the Company's ordinaryshares of 5 pence each ("Ordinary Shares") up to a maximum of 11,538,330Ordinary Shares and the waiver by the Panel on Takeovers and Mergers pursuant toRule 9 of the City Code on Takeovers and Mergers as referred to in the Circular. As detailed in the Circular, the Concert Party (as defined in the Circular)currently hold 88,990,060 Ordinary Shares, representing approximately 38.56 percent. of the current issued ordinary share capital of the Company. Assuming no sales of Ordinary Shares by the Concert Party, full use by theCompany of the authority to make market purchases detailed in the Circular andexercise in full by the members of the Concert Party (and no other holder ofoptions over Ordinary Shares) of all their options over Ordinary Shares, themaximum combined shareholding of the Concert Party would be 40.79 per cent. Copies of the resolutions passed will be submitted to the UK Listing Authorityfor publication through the Document Viewing Facility. Ends This information is provided by RNS The company news service from the London Stock Exchange