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23 Mar 2011 17:29
23 March 2011
JJB Sports plc
Company Voluntary Arrangements: First Effective Date
On 22 March 2011, JJB Sports plc ("JJB" or the "Company") announced that meetings to consider the company voluntary arrangements (the "CVA Proposals") proposed by the directors of the Company and its wholly owned subsidiary, Blane Leisure Limited ("Blane") had been held and at those meetings the CVA Proposals were approved without modification by the requisite majorities of creditors and members.
The Chairman of the meetings has today lodged the necessary reports of the meetings with the relevant courts and therefore under the terms of the CVA Proposals, the First Effective Date has now occurred.
For further information, please contact:
JJB Sports plc 01942 221 400
Mike McTighe
Keith Jones
Maitland 020 7379 5151
Neil Bennett
Richard Farnsworth
KPMG 020 7694 8527
Sorrelle Cooper
About JJB Sports
JJB Sports plc (JJB: LSE) is one of the UK's leading sports retailers. The Group, headquartered in Wigan and today listed on the Main Market of the London Stock Exchange, currently trades from 246 JJB branded retail stores in the UK and Ireland and employs over 6,100 people. Further information about the Group can be found on the Group's corporate website, www.jjbcorporate.co.uk.
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