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22 Mar 2011 09:55
JJB Sports plc
Press Speculation re CVA Proposals
22 March 2011 JJB Sports plc ("JJB" or the "Company") notes the recent rise in its share price and the press speculation relating to the CVA Proposals, details of which were announced on 3 March 2011, and the likelihood of approval of the CVA Proposals by creditors and shareholders at meetings proposed to be held at 11.00 a.m. and 2.00 p.m. respectively today.
The Company will not know the outcome of the meetings to consider, and if thought fit approve, the CVA Proposals until after voting has finished and the votes have been counted. The Company will announce the results of the meetings as soon as this information is available. The Company currently expects to release the results of the meetings later today.
END
JJB Sports plc 01942 221 400
Mike McTighe
Keith Jones
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 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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