28 Mar 2011 07:00
JJB Sports plc ("JJB" or the "Company")
Exercise of Warrants / Additional Listing
On 22 March 2011 the Company received notification from GoldenPeaks Capital Partners that it had exercised in full its warrants in respect of 1,569,517 ordinary shares of one pence each (the "Warrant Shares") at an exercise price of 15.25 pence per share. The total subscription proceeds received by the Company as a result is £239,351.34.
Application has been made to the UK Listing Authority and the London Stock Exchange plc for the Warrant Shares to be admitted to the Official List of the UKLA and the London Stock Exchange for trading. It is expected that admission will occur and trading will commence on 29 March 2011. The Warrant Shares will rank pari passu with the existing ordinary shares in issue in all respects.
Following the issue of the Warrant Shares the Company will have 130,812,703 ordinary shares in issue.
For further information, please contact:
JJB Sports plc 01942 221 400
Richard Manning
Maitland 020 7379 5151
Neil Bennett
Richard Farnsworth
About JJB Sports
JJB Sports plc (JJB: LSE) is one of the UK's leading sports retailers. The Company, 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 Company can be found on the Group's corporate website, www.jjbcorporate.co.uk.